TradeBeam raises $7M for trade management software

TradeBeam Holdings, a San Mateo, Calif.-based provider of software that manages global trade agreements online, has brought in $7 million to extend a $3 million round earmarked for expansion of its operations in China. Its product helps companies make sure they are complying with export regulations, inventory their assets, track their products in transit and oversee segments of their supply chains.

Serving more than 7,000 clients, the company has raised about $70 million in capital before now. Its backers include Camden Partners, Carlyle Group, Enterprise Partners Venture Capital, Sigma Partners, Sprout Group and Torch Hill Partners.

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