SANTA CLARA, CA, Capping a year of growth, supply chain visibility provider Roambee has completed its Series B1 funding.
The round was led by Temasek-backed Reefknot Investments, a global top-tier logistics sector-focused venture capital fund. The completion of the $18+ Million fundraise positions Roambee for further expansion of its technology, services and global market penetration ahead of its Series C round targeted for Q2 2021.
Roambee puts you in control of goods and assets - indoors, outdoors, and in-transit - with sensor data monitoring, analytics, alerts, and automated response. Our solutions are on demand and CAPEX-free; you only pay for what you monitor.
More than 300 global enterprises have chosen Roambee to improve product velocity, compress order-to-cash cycles, and forecast demand accurately. Roambee is continuously investing in AI and data analytics to make trusted business recommendations. Roambee's cloud platform is powered by purposefully built multi-sensor IoT hardware and clever use of global connectivity options to monitor at scale, while Robotic Process Automation (RPA) automates processes for transparent business operations. With a 60+ strong global partner network, Roambee has created a strong business eco-system for visibility.
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