Round is fully subscribed from current investors; funds to be used to accelerate product development, bolster implementation resources, expand sales and marketing
rucker Tools, LLC, which provides shipment visibility, carrier capacity management and predictive freight-matching solutions for the transportation industry, announced it has completed a Series A funding round, raising $4.4 million in additional capital to support product development and customer acquisition.
Trucker Tools also continues to see growing adoption of its mobile app for drivers. Launched in 2013, the mobile app has been downloaded by more than 500,000 truck drivers in North America.
The mobile app integrates with a smart phone’s GPS software to continually capture, in real time, precise location data, which is then transmitted over Trucker Tools’ confidential, secure network, and displayed in Smart Capacity’s load tracking and carrier management platform. The real-time, trusted capacity intelligence provided by the Smart Capacity platform helps brokers and carriers match loads with available trucks far more efficiently and reliably than past practice.
Read this article at GlobeNewswire Magazine