LISLE, IL, TRUCE Software today announced the closing of its Series B funding round. Financial terms of the transaction were not disclosed.
The round was led by Yttrium, with participation from other existing institutional investors, including Allomer Capital Group and New Amsterdam Growth Capital. The company will use the new funding to scale go-to-market efforts for its two recently launched product suites serving commercial vehicle fleets and K-12 schools.
TRUCE Software develops mobile technology designed to improve focus, productivity, and safety on the road, at work, at school, and at home. The company's mobile-first platforms leverage patented technology to replace solutions dependent on proprietary hardware with scalable, software-driven alternatives.
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