Boulder-based 10-4 Systems lands $13.9M funding round

BOULDER — 10-4 Systems Inc., a Boulder-based provider of supply-chain technology for freight carriers, brokers and shippers, has raised $13.9 million of series A financing led by GlobalTranz’s co-founder Andrew Leto.

Along with the funding, 10-4 Systems has completed a spinoff from Arizona-based GlobalTranz, allowing 10-4 Systems to focus on product development and customer acquisition.

Founded in 2012 within GlobalTranz, 10-4 Systems has developed software and an integration process to improve visibility and communication in the freight-transportation industry.

“This is an important milestone for 10-4, and one that we’ve been working diligently to execute for quite some time,” said Travis Rhyan, 10-4 Systems’…