The predictive logistics platform developer has raised a further $13m, adding to $24.5m raised from investors including M12 and Honeywell Ventures in April.

India-based logistics data software provider FarEye has added $13m to a series D round that includes software provider Microsoft and electronic device producer Honeywell, increasing its size to $37.5m.

Growth equity fund Fundamentum Partnership joined investment firm KB Investment’s KB Global Platform Fund to supply the additional funding.

Microsoft subsidiary M12 led the first close in April this year, investing with Honeywell’s corporate venturing arm, Honeywell Ventures, as well as Eight Roads Ventures – part of investment and financial…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.