By ET Bureau - February 02, 2023 1 Mins Read
Craft Co., a startup specializing in enterprise supply chain intelligence, announced today that it has closed a USD 32 million equity financing round led by BAM Elevate, the venture capital arm of Balyasny Asset Management LLC.
Numerous additional investors joined the Series B round, including Frederic Kerrest, co-founder and executive vice chairman of Okta Inc., Greycroft, Uncork Capital, High Alpha, ServiceNow Ventures, Point Field Partners, Stacey Epstein, chief marketing officer of Freshworks Inc., and Edith Harbaugh, co-founder and CEO of LaunchDarkly Inc.
The funds from the round, according to Craft, will be used to deepen its go-to-market execution strategy in key verticals and speed up its research and development efforts to increase the platform’s functionality.
Read More: Supply chain visibility platform Craft raises $32M in Series B funding
Check Out The New Enterprisetalk Podcast. For more such updates follow us on Google News Enterprisetalk News.
The Enterprise talk Bureau has five well-trained writers and journalists, well versed in B2B enterprise technology industry, and constantly in touch with industry leaders for the latest trends, opinions, and other inputs- to bring you the best and latest in the domain.
A Peer Knowledge Resource – By the CXO, For the CXO.
Expert inputs on challenges, triumphs and innovative solutions from corporate Movers and Shakers in global Leadership space to add value to business decision making.
Media@EnterpriseTalk.com