Venture Farm Announces investment in XSCapacity.com

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Business - Financial - Venture Farm

Release Date: November 26, 2007

Venture Farm Announces investment in XSCapacity.com

By Venture Farm
November 26, 2007

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Venture Farm, LLC, an early stage funding and execution company has made an investment in XSCapcity, the only true on line marketplace for excess truck capacity.

PR9.NET November 26, 2007 - Irvine, Ca – XSCapcity joins the Venture Farm Portfolio Companies. The total investment remains confidential, but the managing partner of Venture Farm, Sid Mohasseb stated that "our investment in XSCapcity will provide the company the capital needed to realize significant market opportunities and get to the next level"

XSCapacity is a game changing company. It is the only true market place that serves the $600 Billion ground freight industry. "the company provides an innovative platform that allows shippers to post their shipping requirements and approved and qualified carriers to competitively bid. In the process, carriers can address the very big problem of under utilized available truck space and shippers can realize savings of close to 59%; it is a true win / win model" said Mohasseb. "XSCapacity is the Priceline of the transporation industry" he continued.
"We are excited to join the Venture Farm family of companies" said Steve Krubenski, CEO of XSCapacity. He continued, "we have already benefited from Venture Farm's involvement, their participation, good thinking and genuine support in execution. It is really not only about the money, we are confident that we have found a true partner and look forward to building a great company together."

"Great companies are built on the foundation of good ideas and good people and XSCapcity enjoys both. We are very excited about the future of the company, XSCapacity is an ebay in the making" said Mohasseb.

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Venture Farm Announces investment in XSCapacity.com

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About Venture Farm

Venture Farm is a funding and execution entity.

We are focused on delivering value to entrepreneurs and early stage companies through direct investments and execution assistance. Venture Farm combines managed capital with focused execution and domain expertise.