riskmethods, a Munich, Germany-based provider of solutions to identify, assess, and mitigate global supply chain risk, completed its €13.5m Series B financing round.
The round was led by Digital+ Partners, with participation from previous investors EQT Ventures, Senovo and Bayern Capital.
The company, which has raised more than €20m to date, intends to use the funds to expand its partner network and customer success functions, invest in further product and solutions development and expand its workforce.
Led by Rolf Zimmer, CEO and co-founder, riskmethods provides a SaaS-based technology platform which leverages AI, machine-learning algorithms and Big Data to enable global organizations to identify and evaluate challenges within the supply chain in near real-time and to initiate appropriate countermeasures if necessary.
FinSMEs
26/04/2017