Usually, startups ascend on the backs of fresh technologies and developer platforms. But Kaliszan and Robertson realized that commercial security was so backward that just implementing the established principles of machine vision and the cloud could create a huge company.
Today, Next47 has the pleasure of joining Atomico and Lakestar as investors in scoutbee’s $60M Series B. While procurement may seem highly esoteric to some, it has the power to be one of the biggest competitive advantages for most global organizations.
Siemens’ investment arm Next47 has made its first direct investment in India, in a $9 million round in supply chain management software provider Pando.
The round is lead by Next47 (the investment arm of the European mega company Siemens), along with Building Ventures and previous investors Founders Fund, Presidio Ventures, Lemnos and NEA. As part of the deal, Next47’s T.J. Rylander will be joining Built’s board of directors.
The funding — led by Lakestar with participation from Accel, Next47, H14, HV Holtzbrinck Ventures, Project A and Scania Growth Capital — is notable in that it’s the second round that Sennder has raised this year alone.