Scottsdale, Arizona-based Trax Technologies, which develops software-as-a-service for managing freight and logistics, said this week that it has raised $10M in a private equity investment. The funding came from River Cities Capital Funds and Capital Southwest Corporation. Trax said the funding was a Series B. The company is led by J. Scott Nelson. According to Trax, the funding will go to further enhance its technologies and services.
Top NewsFriday, February 15, 2013
Trax Technologies Gets $10M For Logistics Software