Advanced InfoData Systems GmbH, an Ulm, Germany-based logistics software company, received an investment from The Riverside Company.
The amount of the transaction remained undisclosed.
For Riverside, the investment aims to boost the further growth of its Transporeon Group investment.
Transporeon specializes in web-based centralized transport-management software while AIS offers mobile and telematics services in the logistics industry.
The addition will allow customers to integrate a wide range of telematics solutions and mobile devices in their logistics processes.
FinSMEs
24/02/2015