ClearMetal, a San Francisco, CA-based Continuous Delivery Experience (CDX) platform, received an additional $15m in funding.
The round, which brought the total capital raised to date to more than $31m, was led by Eclipse Ventures, with participation from Prelude Ventures, Innovation Endeavors, NEA, SAP.io, Prologis, PSA Unboxed, DCLI, and the founders of GT Nexus, Navis, and Uber Freight.
The company intends to use the funds to further develop its CDX Platform.
Led by Adam Compain, CEO, ClearMetal provides a Continuous Delivery Experience (CDX) platform, which enables supply chain organizations to optimize logistics and provide customers with access to live information about their shipments. The platform uses proprietary machine learning algorithms to continually learn, adjust and get smarter to draw out hidden patterns, enabling users to make smart business decisions based on up-to-date information.
To continue to accelerate its growth and engage with top-tier clients, ClearMetal recently added:
– Craig Lewis, SVP of Global Sales & Marketing (formerly of Wind River and Business Objects SAP) to lead the go-to-market team,
– Steve LaPedis, VP of Marketing (formerly of Wind River and E2Open);
– Sherrie Orzechowski, VP of Strategic Alliances (formerly of INTTRA by E2Open); and
– Thomas Kofler, VP of Sales EMEA (formerly of Tradeshift and Amber Road by E2Open).
The company also has offices in New York, Chicago, Houston, London and Switzerland.