ATLANTA-Extendea Inc., which develops wireless-based software for transportation and logistics companies, has secured $250,000 in angel investments.
Extendea said it is currently preparing to roll out its new fleet management tools and is in discussions with the venture-capital community for its next round of funding to focus on product development and customer rollout.
The angel investment group, which provided the funds to Extendea, includes several experienced angels and top-level professionals from the venture capital, investment banking, and telecommunications industries on the East Coast.