Featured News : March 23, 2017
San Jose supply chain startup is first to get cash from new SAP fund
Supply chain startup Paradata is the first to benefit from a new fund launched by German software giant SAP.
The San Jose business shifted to its cloud-based supply chain management focus several years ago after hiring longtime Flextronics executive Debbra Rogers as its CEO.
“We aim to be the Google of the supply chain industry,” Rogers said of her 20-person business. “Our machine learning and systems help manufacturers, distributers and suppliers all get real-time information they need.”
The amount of funding from SAP — which has four offices in the Bay Area — wasn’t disclosed, but Paradata said it is part of a $10 million extension of a Series A round. The company previously raised $2.5 million from Richmond Global and PivotNorth.