Traxo has received an equity investment from Airlines Reporting Corporation (ARC). Traxo is a travel data capture and itinerary intelligence solution provider, enabling travel managers to track total travel spend, regardless of booking channel. The investment, according to an announcement, builds on Traxo’s commercial partnership with ARC announced last month and will support the continued growth of Traxo’s sales and marketing teams, alongside new product investment. Andrew Fabris, CEO of Traxo, said the company’s mission is to “empower the travel ecosystem with timely access to accurate data so the entire travel experience flows smoothly for travelers and suppliers, corporate travel teams and travel service providers, around the clock and around the world.”  To have ARC join Traxo as a commercial partner and now as an investor, he said, further validates this mission, given ARC’s insights into the unique needs of the corporate travel industry. Mike Premo, CEO of ARC, said his company’s equity position in Traxo highlights its commitment to “improving corporate travel in every channel.”