G-LOG RAISES $20 MILLION
Global Logistics Technologies Inc., a Connecticut-based developer of online logistics software, has raised more than $20 million in equity financing.
Mayfield Fund and FBR Technology Venture Partners led the financing round. Other investors included Apodaca Investment Partners and New Meadows Venture Partners.
In return, G-Log named Robin Vasan, general partner at Mayfield Fund, and Hooks Johnston, managing director of FBR Technology Venture Partners, to its board of directors.
With its flagship product, Global Command and Control Center, G-Log offers companies one-site access to shipping and trading services and information.