Freight tech firm Loadsmart Inc said on Tuesday it was valued at $1.3 billion in its latest funding round, led by SoftBank Latin America Fund and funds managed by BlackRock Inc.

The company raised $200 million in the Series D funding round from investors including Janus Henderson Group and rail operator CSX Corp.

The company saw its revenue more than triple in the fourth quarter of 2020, the year when it last raised $150 million in fresh capital.

Read more: Reuters