G-LOG COMPLETES $20 MILLION ROUND OF FINANCING
G-Log, a provider of logistics and transportation software, said Tuesday it has completed a new round of funding that brought in $20 million.
Lead investors were Focus Ventures and GIC Special Investments, the investment arm of the Government of Singapore Investment Corp.
Other participants included Apodaca Venture Partners LP, DRW Venture Partners LP, Eastman Chemical Ventures, FBR Technology Venture Partners, Mayfield, New Meadows Venture Partners, Pilgrim Baxter & Associates, and Stanford University.
George Bischof, general partner, Focus Ventures, cited G-Log’s “traction in a tough market … even in these tough times.”
Users of G-Log’s Global Command and Control Center software include Du Pont, The Spiegel Group, Exel, United Airlines, and Tesco. G-Log is based in Shelton, Conn.