CHICAGO, IL, Telegraph, a leader in building next-generation software for the freight rail industry, today announced $10.1 million in Series A funding.
The latest round of funding was led by Crosslink Capital with participation from Slow Ventures, 9 Yards Capital, Motivate Venture Capital, and Extra Credit Ventures, as well as returning investors Construct Capital, 8VC, and BoxGroup. The funds will be used for hiring across all roles to enable expansion of the existing offering and growth of new platform features and functionality.
Telegraph is a leader in cloud-based operating systems for railroads, shippers, logistics service providers, and railcar leasing companies. With an innovative platform that provides price transparency, shipment visibility, and proactive business intelligence, Telegraph empowers customers and makes shipping by rail easier and more effective.
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