Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Meyer
02.05.26
Pillsbury advised GenLogs, whose innovative Truck Intelligence™ technology is being deployed across industries to make supply chains safer and stronger, in the closing of its $60 million Series B funding. The round was led by Battery Ventures with participation by IVP, Cathay Innovation and 9Yards, as well as existing investors Venrock, Steel Atlas, HOF Capital, TitletownTech and Autotech Ventures. GenLogs previously raised $21 million in Seed and Series A funding.
The company will use the new funds to continue building out its core platform—powered by its privacy-enabled network of roadside sensors—and extend capabilities to shippers, insurers, governments and financial institutions. Current customers include Fortune 500 companies across these sectors, including logistics and supply-chain expert J.B. Hunt, trucking company Werner Enterprises, insurer AIPSO and the Jacksonville Port Authority.
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The Pillsbury deal team was led by Steve Ryan, global leader of Pillsbury’s Emerging Companies & Venture Capital practice, and included counsel Patrick Dolan and associates Thomas Burnham and Nathan Lewko, and senior legal analyst Desiré Castillo.