Summit Partners Acquires MercuryGate International

Funding Rounds

▤ Summary

MercuryGate International , a Cary, North Carolina-based provider of transportation management system solutions, was acquired by Summit Partners.The company’s solutions support of all modes of transportation on a single platform including Parcel, LTL, Truckload, Air, Ocean, Rail, and Intermodal.Last year, the MercuryGate TMS managed more than $70 billion of annual freight spend and supported over 300,000 daily logins from 80 countries.Mr. Juliano brings a deep background in both supply chain and SaaS software, as well as a demonstrated expertise in optimizing go-to-market strategies.Prior to joining Summit’s EIR program, he served as President and CEO of IQNavigator, a provider of SaaS solutions that enables businesses to source, manage, and pay contingent workforces.

$ Funding

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Amount - Total raised
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Date - Announcement date
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Investors Summit Partners Lead investors
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Company - Funded company

▥ Classifications

industries
Transportation Industry
applications
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▦ Linked Companies

MercuryGate
$50M to $100M