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Trax Technologies Lands New VC Financing

Monday, February 18, 2013 5:54:00 AM PDT | VentureDeal
Scottsdale, Arizona  --  Software developer Trax Technologies has secured $10 million in its second round of venture capital funding.

Trax provides enterprises with the ability to "assure logistics service transactions are accurate, reliable, properly allocated optimally funded."

River Cities Capital Funds and Capital Southwest made the investment.

The company said it would use the funding proceeds to continue marketplace expansion efforts.

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