Knowde, a San Jose, CA-based chemical software company, raised $60m in Series C funding.
The round was led by Blue Cloud Ventures, Point72 Private Investments, and Socium Ventures with participation from existing investors Sequoia Capital.
The company, which has raised $175m to date, intends to use the funds to wexpand operations and its business reach, as well as to continue to build new features for the MDM platform and new vertical applications.
Led by Amin-Javaheri, founder and CEO, Knowde provides a Master Data Management (MDM) Platform and AI technology that digitize processes to transform the way chemical suppliers and distributors do business online. The platform automates data organization and enrichment for their customers. Once the data is organized, it can feed a suite of Knowde purpose-built applications to modernize commerce.
FinSMEs
02/09/2024