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SUPPLY CHAIN
Beacon | October 04, 2021
Beacon, the digital supply chain and freight platform, has raised over $50 million in its Series B round, led by Northstar.vc. Upper90 also participated as a new investor. The fresh capital will be used to grow the team, continue the development of Beacon's technology and expand into new markets. Since completing its Series A in early 2020, Beacon has experienced hyper growth as a result of surging customer demand. Revenue has grown 12x in the last 12 months, while the team ha...
STAT Times | March 17, 2020
As part of a strategic initiative to keep customer production lines moving around the world during the coronavirus (Covid-19) outbreak, global logistics company CEVA Logistics has contracted a range of 86 freighter aircraft to deliver parts and supplies to its customers. With more than 58 flights already completed, the company has been operating on behalf of customers in the automotive, aerospace, computer and hi-tech electronics sectors. The charters have been designed to prevent production lin...
TRANSPORTATION
11:11 SYSTEMS | July 11, 2022
11:11 Systems (“11:11”), a managed infrastructure solutions provider, announced the acquisition of Static1, a leader in managed network and IT infrastructure development and services. Driving increased productivity, efficiency and security for its customers, Static1 designs, builds, runs and optimizes IT infrastructure.The enterprise network infrastructure market is valued at $56B as of 2021, and is expected to grow significantly over the next five years. The shifting dynamics of rem...
SCApath, Spinnaker | March 31, 2021
SCApath LLC and Spinnaker SCS LLC announced today the unification of their supply chain consultancy companies, as well as an investment from Black Lake Capital and Source Capital to boost potential expansion. Spinnaker, which focuses on Supply Chain Strategy and Planning, and SCApath, which focuses on Supply Chain Execution and Omnichannel Fulfillment, provide complementary services that, when integrated, can assist customers in addressing a wider range of supply chain issues and opportunities. ...
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