Ocean visibility provider Terminal49 announced it has closed a $6.5 million Series A round led by Stage 2 Capital and Grand Venture Partners as the company looks to ramp up its technology offerings to compete in the growing real-time visibility space.
“Visibility tools will be table stakes technology for importers, truckers and customs brokers,” Akshay Dodeja, Terminal49’s co-founder and chief executive officer, told FreightWaves. “Although, they don’t want to just track containers. They want to...