Supply Chain Visibility Platform FourKites Secures $100 Million
FourKites — a real-time supply chain visibility platform — announced a new $100 million Series D funding round. The growth financing is led by Thomas H. Lee Partners, L.P. with participation from Qualcomm Ventures, Volvo Group Venture Capital AB, and Zebra Technologies as well as existing investors August Capital, CEAS Investments, Hyde Park Angels, Hyde Park Venture Partners, and Bain Capital Ventures, bringing the total capital raised to over $200 million.
This funding round heralds the advent of a new era in supply chain management where automated, interconnected and collaborative global supply chains — spanning transportation, warehouses, stores, trucks, etc. — are powered and optimized by real-time visibility data and machine learning.
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