Source Intelligence, a Carlsbad, California-based provider of supply chain compliance, information management, and SaaS platforms, received a $17.5m investment.
Kayne Partners, the growth private equity group of Kayne Anderson Capital Advisors, L.P., an alternative investment firm managing over $22 billion in assets, made the investment.
The company will use the funds for its strategic expansion plans in the U.S., Europe, Asia and Africa.
Founded in 2009 by Jess Kraus, CEO, Source Intelligence has developed both a cloud-based information and analytics platform that provides users at all levels with visibility into product supply chains and material sources, as well as a large active and constantly updated supplier database.
The company’s reports ensure brands are compliant with complex regulations, improving social responsibility reporting, minimizing operational and brand risk, and improving efficiency.
FinSMEs
07/01/2016