Elementum, the world’s first mobile platform for end-to-end supply chain management, emerges from stealth mode with more than $60M in funding and major customers
MOUNTAIN VIEW, Calif. – Feb. 4, 2014 – The distance between innovation and execution is about to get a whole lot shorter.
SUPPLY CHAIN MADE SIMPLE.
Today, Silicon Valley-based startup Elementum put its stake in the ground with a bold promise: to bring the world’s supply chain data into the palm of your hand. With $44M in Series B funding from Lightspeed Venture Partners and Flextronics (NASDAQ:FLEX), along with brand name customers like Dyson, the company is poised to deliver. And it couldn’t have come at a better time. With shorter product lifecycles and instant consumer feedback becoming the new norm, companies need to respond to changes faster than ever. How? With real-time visibility into their supply chain using beautiful, bite-sized apps for managing risk, monitoring KPIs, and tracking shipments—all in the cloud at one simple price.
“Supply chain management will never be the same—and that’s a good thing.” – Nader Mikhail, CEO of Elementum