Software company Veson Nautical says it received a new investment from a private equity firm amid shipping's tentative steps to embrace technology.
The Boston-based firm's software automates commercial management of vessels for owners, operators and pool managers. That includes chartering, financial data, hedging and risk management, and bunkering.
Chief executive John Veson declined to say how much middle-market private equity shop Pamlico Capital invested in the Veson, which was founded in 2003.