More cash for Logistics Tech
The Boston-based technology company Tive, a specialist in supply chain transparency, closed its series B financing round with a result of USD 54 million.
Led by AXA Venture Partners, Sorenson Capital, Qualcomm Ventures, Fifth Wall, SJF Ventures and Floating Point Ventures participated in the round, joining the existing investors RRE Ventures, Two Sigma Ventures, Next View Ventures, Hyperplane Ventures, Broom Ventures and Supply Chain Ventures.
In 2021, Tive gained more than 200 new customers. As its next projects, it is planning to launch new supply chain visibility tools and 24/7 monitoring. In 2019, Tive founded the open visibility network (OVN), which now includes Project 44, Four Kites, Trans Voyant, Far Eye, Marine Traffic, Everstream Analytics and other companies as members and partners. (sh)