HomefundingElementum Raises over $60M

Elementum Raises over $60M

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elementumElementum, a Mountain View, Calif.-based enterprise startup which offers mobile software for supply chain management, raised over $60m in funding.

Backers included Lightspeed Venture Partners, Flextronics, Jerry Yang, Aaron Levine, Dave Duffield, Jim Davidson, and Mike Frandsen. In conjunction with the funding, Dave Duffield, David Dibble, David Henke, and Aneel Bhusri, joined Elementum’s board of advisors.

The company intends to use the funds to engage customers.

Led by Nader Mikhail, CEO, Elementum combines big data, cloud and mobile technologies to deliver accurate and real-time supply chain information, optimized for mobile workforce. It exited from the stealth mode this February.
Customers span the automotive, healthcare, industrial, and technology sectors.

The company is hiring (read here).

FinSMEs

08/04/2014

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