Xconomy Boston

Cadec Global Locates $4M

Wade Roush4/2/09

Manchester, NH-based Cadec Global, which makes GPS tracking, logging, and safety equipment for fleets of trucks, said today that it has raised $4 million in new capital from existing investor Thule Investments of Reykjavik, Iceland.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.

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