Tech Company Financing Transactions
Backbone Software Funding Round
Nautilus Venture Partners and 12/12 Ventures participated in a $14 million Seed funding round for Backbone Software. The financing was announced on 4/14/2022.
Transaction Overview
Company Name
Announced On
4/14/2022
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Seed
Investors
Nautilus Venture Partners (Lead Investor)
Proceeds Purpose
The capital raised will be used to onboard new customers, expand into new markets and develop the company's supply mesh technology as it accelerates growth globally, Patil told TechCrunch via email.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
555 Bryant Street Suite 150
Palo Alto, CA 94301
USA
Palo Alto, CA 94301
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of a supply chain management software designed to track and visualize supply chain data. The company's platform helps to keep track of audits, federal legislation, global conditions, optimal practices, and an everchanging landscape in the supply chain, enabling clients to easily improve production, maintain compliance and be transparent with partners.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rajesh Chandran
Chief Operating Officer
Peter Huson
Chief Technical Officer
Vic Patil
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