Logistics startup Airspace Technologies says its software, developed specifically for time-sensitive shipments—donated organs slated for transplant and replacement parts for tarmac-bound airplanes, for example—can process shipments faster and cheaper than other third-party logistics providers. Airspace has raised $20 million in Series B funding to expand globally and accelerate its next-generation delivery network and enterprise software platform. The round was led by Scale Venture Partners with participation from existing investors Qualcomm Ventures, Defy.vc, Cross Culture Ventures and Schematic Ventures. “This strategic round allows the team to execute on our goal to be twice as fast at half the cost,” said co-founder and Chief Executive Officer Nick Bulcao. “Additionally, we plan to hire 120 new team members with a focus on sales professionals, engineers and experienced operations professionals in 2019, and have several major product updates in the works that will further widen the gap for us competitively.” Read the coverage at xconomy, marketscreener, San Diego Union Tribune, California Latino News, Reuters