US-based e-commerce platform operator for ocean freight industry INTTRA has received an USD 30 million investment from ABS Capital Partners, a later-stage growth company investor.

INTTRA is set to use the funds to develop new products and services and tap new market opportunities. These plans include developing and implementing a new commercial strategy for both carrier and high-volume shipper accounts and to assist carriers in achieving their e-commerce objectives.

INTTRA’s current solutions connect ocean carriers and shippers on a global e-commerce network and enable standardized automation of critical functions such as user acquisition, shipment booking and management and freight settlement. By automating these historically manual tasks and creating an network of industry participants, INTTRA aims to help companies achieve cost savings, improved utilization of staff and assets as well as fewer processing errors.