Wireless - Friday, March 30, 2007
Find Your Stolen Truck Tech Cartasite Raises $4.35M In 1st Round
A professional driver recently took off from Boca Raton en route to New York in a Budget rental truck was to haul furniture, photos, sculptures and rare paintings worth $1.5M. He decided not to go to NYC and instead to sell the stuff on eBay. Fortunately for the owner, the truck was equipped with a GPS tracking module from Cartasite and cops were able to bust the thief.
Denver's CartaSite has now raised $4.35M in Series A funding, according to a regulatory filing/PeHub. Backers include Canterbury Partners and Acadia Partners.
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