Idelic nets $20m Series B

Philadelphia-based Idelic Inc, a provider of commercial trucking analytics and driver management solutions, has secured $20 million in Series B funding.

Philadelphia-based Idelic Inc, a provider of commercial trucking analytics and driver management solutions, has secured $20 million in Series B funding. Highland Capital Partners led the round with participation from other investors that included AXA Venture Partners, Birchmere Ventures, Origin Ventures, TDF Ventures, and SaaS Venture Capital. In conjunction with the financing, Craig Driscoll of Highland Capital Partners will be joining Idelic’s board of directors.

Source: Press Release