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.
CLICKLOGISTICS OBTAINS ADDITIONAL FUNDING
