Tive, a startup in supply chain and logistics visibility, announced the closing of a $54M Series B funding led by AXA Venture Partners, with participation from Sorenson Capital, Qualcomm Ventures, Fifth Wall, SJF Ventures and Floating Point Ventures as well as the existing investors RRE Ventures, Two Sigma Ventures, NextView Ventures, Hyperplane Ventures, Broom Ventures, and Supply Chain Ventures.

Tive helps companies eliminate surprises in their supply chain by providing real-time visibility of the location and condition of their shipments. Tive's combination of cellular-connected trackers and cloud-based software enables customized alerts, reporting and analysis on inbound and outbound shipments across all modes of transport. As a result, companies are never caught off guard by damage or delays, helping them improve customer service while reducing manufacturing disruptions and logistics costs.