An Atlanta-based startup that uses technology to track items and merchandise throughout the supply chain journey has closed a funding round.
LocatorX raised $6.6 million from angel investors to support product development and expansion in sales and marketing positions. The round brings the company’s total funding raised to about $10 million. LocatorX CEO Scott Fletcher. Image Credit: LocatorX
In addition to the funding announcement, LocatorX also appointed former UPS CFO Kurt Kuehn to its board of directors.
CEO Scott Fletcher said the company’s technology has broad applications, which has attracted several investors and veteran board members like Kuehn.
“He brings that financial expertise to the board that finishes out the board that we had,” he said.