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Fourkites Secures $50M Series C Funding To Spur Growth Of Supply Chain Visibility Network

by vcaonline.com posted 2weeks ago 14 views
CHICAGO, February 5, 2019-- FourKites, the leader in predictive supply chain visibility, today announced $50 million in new funding to fuel growth of its real-time visibility network for shippers and carriers. The Series C round was led by existing investors August Capital, Bain Capital Ventures, CEAS Investments and Hyde Park Angels. The funding brings FourKites’ total capital raised to $100.5 million. Since launching five years ago, FourKites has pioneered the industry shift to real-time visibility, enabling shippers to improve on-time delivery and optimize their supply chain based on actionable data and predictive intelligence.

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