US-India logistics tech co. Fourkites raises $10-M from Misui
Chicago- and Chennai-based supply chain visibility company FourKites has raised USD 10 million investment from Japan's Mitsui & Co Ltd. The new funds will be used to expand the company's offerings across the Asia-Pacific region. FourKites offers real-time tracking and supply chain visibility solutions that simplify the sharing of critical load information for the logistics industry. It currently tracks international shipments in 44 countries and territories in APAC. The company had attracted strategic investments from FedEx, Zebra Technologies, Volvo Group Venture Capital AB and Qualcomm Ventures over the past two years.
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