Supply Chain Management software
Updated: September 24, 2021
2021. Software supply chain platform Cloudsmith raises $15M
Cloudsmith, a cloud platform for software supply chain management, has raised a $15 million Series A funding. The Belfast-headquartered startup allows businesses to manage all the incoming software it uses via the cloud, meaning you don’t have to have dedicated support staff in the office, which requires dedicated staffing, VPNs and licenses. Cloudsmith says its software scans for security vulnerabilities and has customers in Europe, the U.S., the Middle East and Australia, including the Internet Systems Consortium, Carta and Font Awesome.
2020. Coupa Software snags Llamasoft for $1.5B to bring together spending and supply chain data
Coupa Software, a publicly traded company that helps large corporations manage spending, announced that it was buying Llamasoft, an 18-year-old Michigan company that helps large companies manage their supply chain. The deal was pegged at $1.5 billion. This year Llamasoft released its latest tool, an AI-driven platform for managing supply chains intelligently. This capability in particular seemed to attract Coupa’s attention, as it was looking for a supply chain application to complement its spend management capabilities.
2020. Craft raises $10M to apply some intelligence to supply chain
Craft, the enterprise intelligence company, today announces it has closed a $10 million Series A financing round to build what it characterizes as a “supply chain intelligence platform.” The idea is to allow companies to monitor and optimize their supply chain and enterprise systems. While many business intelligence products require clients to bring their own data, Craft’s data platform comes pre-deployed with data from thousands of financial and alternative sources, such as 300+ data points that are refreshed using both Machine Learning and human validation. It competes with some large incumbents, such as Dun & Bradstreet, Bureau van Dijk and Thomson Reuters . These are traditional data providers focused primarily on providing financial data about public companies, rather than real-time data from data sources such as operating metrics, human capital and risk metrics.
2020. Tinvio, a communication platform for supply chain merchants, gets $5.5M
Being a supply chain merchant often means cobbling together different ways of keeping in touch with buyers, including emails, text messages and paper invoices. Singapore-based startup Tinvio that wants to simplify the process with a communication and commerce platform designed especially for managing orders, has raised $5.5M. Tinvio is targeted at small-to mid-sized merchants, and many of its customers are in the food and beverage (F&B), retail and healthcare supply industries. One of Tinvio’s selling points is that merchants can continue to receive orders through their existing channels, including email, SMS or WhatsApp. By consolidating those orders in one app, Tinvio is also able to create a real-time digital ledger, making it easier for merchants to track invoices, fulfillment and finances.
2020. SourceDay closes $12.5 million for its supply chain management software
SourceDay, which sells supply chain management software, said it raised $12.5 million in its latest round of financing. The company developed software to manage the relationship between companies and the businesses they source raw materials from as part of their direct spending needs. The company counts over 6,000 manufacturers, distributors and suppliers among its customer base and said it would use the financing to further develop tools that can aid customers in their mitigation of supply chain risks.
2019. Workday to acquire online procurement platform Scout RFP for $540M
Workday has entered into an agreement to acquire online procurement platform Scout RFP for $540 million. The acquisition builds on top of Workday’s existing procurement solutions, Workday Procurement and Workday Inventory. The company is trying to be the end-to-end cloud back office player and one of their big gaps has been in procurement. A lot of the Workday investments are in portfolio companies that are complimentary to Workday’s larger vision of the future of Cloud ERP. Today’s definition of ERP includes finance, HCM (human capital management), projects, procurement, supply chain and asset management
2012. SAP acquires Ariba and set the new record for cloud deals
Let's continue watching how the SAP and Oracle spending huge amounts of money trying to overtake each other in the cloud race. Recall, at first Oracle bought CRM-system RightNow (for $1.5 billion). Then SAP acquired the talent management solution SuccessFactors (for $3.4 billion). Then, Oracle also acquired the HRM-system Taleo (for $1.9 billion).No it's SAP's turn to buy something and SAP haven't disappointed anyone. For the record (for the cloud market) price $4.3 billion SAP has acquired Ariba. According to SAP, Ariba is the world's second largest SaaS provider by income (last year its revenue was $444 million). Ariba provides b2b e-commerce solutions for large companies from the Fortune 500 list. In other words, it's a SaaS service that helps business partners to collaboratively manage supply chains and distribution channels.