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Savi Technology Raises Funds for Tech Development

Savi Technology Raises Funds for Tech Development - top government contractors - best government contracting event
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Savi Technology Raises Funds for Tech Development - top government contractors - best government contracting eventSavi Technology has raised $7.5M in funds to support development of its in-transit visibility and analytics technologies.

Eastward Capital Partners led the financing, with Kimberly Cafferty, founder of Cafferty & Company, serving as an investment adviser, Savi said Tuesday.

The technology firm also intends to use raised funds to expand market growth across both public and private sectors.

Rich Carlson, CEO at Savi, said the company’s in-transit visibility products are geared to help government agencies and industry firms boost the agility of supply chains and avoid expensive losses.

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Written by Nichols Martin

a staff writer at Executive Mosaic, produces articles on the federal government's technology and business interests. The coverage of these articles include government contracting, cybersecurity, information technology, health care and national security.

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