GlobalTranz Secures $10 Million; Investment Led By Volition Capital
GlobalTranz Inc. closed its first institutional round of financing and secured $10 million. Volition Capital LLC of Boston, Mass., led the investment. GlobalTranz is a Phoeniz, Ariz.-based transportation management and logistics company. Larry Cheng, who is a managing partner at Volition, will join GlobalTranz’s board. Sean Cantwell, a principal of Volition, will serve as an observer.
13 January 2011•3 mins read
