Trax Technology Solutions Pte Ltd. completed it Series A financing. The company said the investment it had made was with one of Singapore's biggest private equity funds. Trax Technology Solutions provides the consumer goods industry with shelf monitoring and in-store auditing solutions. Trax Technology is based in Singapore, but has offices in Germany, Israel, Sweden, Switzerland and Venezuela.

Under the terms of the deal, Trax Technology is to receive an intial cash outlay of US$6.6 million.