Velant Gets Second Round Of Funding
Atlanta-based Velant Inc., a provider of transportation planning solutions, today announced that it has closed a $10 million second round of venture capital funding
Atlanta-based Velant Inc., a provider of transportation planning solutions, today announced that it has closed a $10 million second round of venture capital funding.
The round was co-led by 3i, a leading international venture capital company, and returning investor Matrix Partners. This round brings the total investment in Velant to $17 million.
Velant provides fleet and shipment planning services to companies using trucks in their supply chain operations. Offered as a managed service, Velant's Transportation Management Center (TMC) solution automates and optimizes key transportation functions such as vehicle routing and scheduling, load building, fleet backhaul coordination, and shipment planning.
Learn more about Velant’s unique offerings in the October issue of Heavy Duty Trucking.
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