The truck management platform developer increased its overall funding to $31m in a series B round featuring Axa Venture Partners.

US-based trucking analytics software provider Idelic has completed a $20m series B round that included Axa Venture Partners, a corporate venturing subsidiary of insurance firm Axa.

Venture capital firm Highland Capital Partners led the round, which also featured Birchmere Ventures, Origin Ventures, TDF Ventures and SaaS Venture Capital. Craig Driscoll general partner at Highland Capital Partners, will take a seat on the company’s board of directors.

Idelic has built a driver management software platform that enables users to analyse data…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.