Lavante gains SAP Ventures as a new investor in its $8m C round.
SAP Ventures, the corporate venturing unit of Germany-based software company SAP, has led the $8m series C round for Lavante, a US-based technology company to help businesses manage their suppliers, as a new investor.
Andreas Weiskam, a partner at SAP Ventures (pictured), joined Lavante’s board.
Venture capital firms ATA Ventures and Venrock reinvested in the C round.
Lavante, formerly known as AuditSolutions, said it was growing by more than 100% each year and had record customer acquisition in…
