Loadsmart raises $200M in series D round

Freight technology company Loadsmart Inc. raised $200 million in a series D funding round led by SoftBank Investment Advisers (UK) Ltd.'s SoftBank Latin America Fund.

CSX Corp., Janus Henderson Group PLC and funds and accounts managed by BlackRock Inc. also participated in the financing round, which brought Loadsmart's valuation to $1.3 billion.

Proceeds from the fundraising activity will be used to expand technology offerings.

Goldman Sachs & Co. LLC served as Loadsmart's placement agent. Paul Hastings gave legal advice.