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Trax Technologies Takes In Series BVenture Capital

Friday, February 8, 2013 5:54:00 AM PDT | VentureDeal

Scottsdale, Arizona  --  Software developer Trax Technologies has garnered $10 million in its second round of venture capital funding.

Trax has developed software that enables enterprises 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 to continue commercializing its service.

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