Deals

Elementum grabs $44M to disrupt supply chain tech

Elementum
Image Credit: via Elementum

Elementum, an enterprise software startup, has closed a $44 million second round of funding today.

Elementum provides companies with a service that makes it easier to access supply chain data (shipping information, parts, costs, risks, etc.) via the cloud on mobile devices. Its notable clients include Dyson, Enphase Energy, and other companies in the health care and automotive industries.

The round was led by Lightspeed Venture Partners and Flextronics.

Mountain View, Calif.-based Elementum has raised a total of $60 million in funding to date.