CLICKLOGISTICS OBTAINS ADDITIONAL FUNDING

CLICKLOGISTICS OBTAINS ADDITIONAL FUNDING    Clicklogistics Inc., a provider of technology and management services, said Tuesday it had secured an additional round of venture capital, amounting to “a seven-figure sum,” with GTCR Golder Rauner Fund VII.
   The provider, based in Boston, “has demonstrated an ability to attract customers in a tough economy,” said Dave Donnini, a principal at GTCR. Clicklogistics has recently signed Marathon Oil, Krispy Kreme, and Alcoa as clients.
   “Our no-license-fee model matches the benefits of our system to its costs. Budgets are tight, and we’re finding that fewer and fewer firms are willing to spend a million dollars on upfront license fees in order to get payback years down the road,” said George Abernathy, senior vice president for sales and business development for Clicklogistics.