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Company to add maker of logistics and transportation management software to its portfolio of niche players.
Transportation and logistics software maker G-Log has raised $20 million in its fifth round of funding, bringing the company's total financing to $55 million. Focus Ventures and GIC Special Investments led the round. Other investors included Apodaca Venture Partners, DRW Venture Partners, Eastman Chemical Ventures and Mayfield. The Shelton, Conn.-based company makes software that helps large businesses and organizations monitor and manage their transportation activities. G-Log will use the funding to expand its customer base in Latin America and Asia.