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Magnus Announces Series A Financing To Accelerate Growth In Trucking Industry

Nov 08, 2021over 3 years ago

Round Type

series a

Austin

Description

Magnus Technologies, an enterprise trucking and logistics management software provider, announces the completion of its Series A growth financing with LKCM Headwater. The new funding builds on previous investments by global investment firm Carlyle (NASDAQ: CG) and BCG Digital Ventures, the corporate innovation and business building arm of Boston Consulting Group.

Company Information

Company

Magnus Technology Group

Location

Austin, Texas, United States

About

Magnus Technology Group, headquartered in Austin Texas, has 20 years of experience designing, developing, and delivering enterprise TMS software. Magnus is the first software provider in the transport and logistics industry to offer an enterprise SaaS-based TMS that is affordable and scalable to fleets of all sizes. The all-new Magnus TMS platform is modular and works seamlessly with the Magnus Driver App and Magnus Carrier Advantage network to deliver a complete, end-to-end mobile dispatch and order fulfillment solution to truckload and LTL fleets for maximizing profitability and growth. To learn more visit www.magnustech.com SOURCE Magnus Technologies

FundzWatch™ Score

65
Medium Activity

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