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Venture Capital News: Odyssey Global Logistics Grabs $20M

2012-02-13
DANBURY, CT, Provider of software for managing transport and global shipping operations, has raised $20 million in venture capital.
Odyssey Global Logistics, the provider of software for managing transport and global shipping operations, has raised $20 million in venture capital according to SEC filings. 19 separate investors participated in the offering.

The Odyssey Global Logistics Platform supports all modes of transport and global shipping scenarios, in a secure, hosted environment. The Platform provides comprehensive planning, execution, visibility, event management and analytics functionality over a scalable data management and integration base. The firm's technology provides a holistic view of our clients' multiple enterprise resource planning (ERP) systems for greater interactivity, control and visibility.

OL&T deals with data when and where it matters to supply chain performance, while aggregating information for enterprise decision-making. The Platform manages the full lifecycle of shipments, from load-planning, booking and scheduling; through visibility for orders, inventory and real-time in-transit; and including post-shipment auditing and freight payment.
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