Tive, a leading provider of global supply chain visibility insights, announced today that it secured a $12 million Series A funding round from RRE Ventures, followed by Two Sigma Ventures, with participation from existing investors NextView Ventures, Hyperplane Ventures, One Way Ventures, Fathom Ventures, and others. The new investment will fuel Tive's rapid growth and drive product innovation for seamless shipment tracking, alerts and analytics.

Tive delivers real-time in-transit visibility of shipments around the globe with data-driven insights from an enterprise-class Visibility as a Service (VaaS) platform. With Tive, shippers and third-party logistics providers (3PLs) can track and monitor the location and condition of their products while in transit. Tive's VaaS solution provides data generated by its industry-leading trackers allowing clients to proactively optimize their shipments, improve their customers' experience, and unlock supply chain insights in an actionable real-time manner. Tive is based in Boston, MA. For more information, visit: www.tive.co