The freight-matching solutions provider will use the new funding to accelerate product development and implementation
Trucker Tools LLC has closed its Series A funding round, raising $4.4 million from existing investors. Prasad Gollapalli, founder and CEO of the Reston, Va.-based shipment visibility, capacity management and predictive freight-matching solutions provider, said the company will use the new funding to accelerate product development, bolster implementation resources and expand its sales and marketing efforts.
As part of these efforts, the company has created a formal customer advisory board that meets regularly to review and provide input on its product road map. Trucker Tools also plans to increase and accelerate integrations with leading transportation management system and enterprise resource planning system providers, Gollapalli said.
HighJump, a supply chain management software provider headquartered in Minneapolis, integrated Trucker Tools’ predictive freight-matching platform into its flagship TMS in June. Other supply chain software providers that have previously integrated the Trucker Tools Smart Capacity application into their TMS offering include McLeod Software’s PowerBroker, MercuryGate International, Tailwind Transportation Software for brokers and Strategy Live’s fleet management software.
Read this article at American Shipper Magazine