The supply chain management platform plans to close a $10m series A1 round that will include the first investment from SAP's new fund, SAP.IO.
US-based supply chain management software developer Paradata is set to close a $10m series A1 round featuring enterprise software supplier SAP’s newly formed SAP.IO fund.
SAP.IO, which was formally launched by SAP last week, joins venture capital firms Richmond Global and PivotNorth, both existing investors, in the round.
Paradata has built a cloud-based platform that applies big data and machine learning technology to the supply chain, meaning manufacturers, distributors and suppliers can get precise information on the costs of…
