DiCentral Corporation, a Houston, Texas-based provider of supply chain management solutions and B2B integration, completed a $15m Series A financing.
This round was led by Kayne Partners, the growth private equity group of Kayne Anderson Capital Advisors, L.P., an investment firm managing over $23 billion in assets. In conjunction with the funding, Nishita Cummings, partner, Kayne Partners, will join DiCentral’s board.
The company intends to use the capital to accelerate its organic growth and make acquisitions.
Founded in 2000 by Thuy Mai, CEO, DiCentral provides cloud based B2Bi Managed Services, which allow organizations to connect and exchange critical business documents with their trading community. The core components of the Managed Services offering include: ERP Integration, Secure B2B Communications, Data Transformation, Business Rule Analytics, Inventory Management and Trading Partner Community Management.
The company – which has 10 offices worldwide supporting customers in over 27 countries – also develops and markets a complementary suite of supply chain applications. Its vertical expertise includes transcends Automotive, Retail, Distribution, Manufacturing, Pharmaceutical, Health Care, Energy and Financial Services.