TradeSync Corporation, a Pleasanton, CA-based startup that provides solutions to automate B2B processes within and across companies, raised $1.4m in funding.
Backers remained undisclosed.
In addition, the company added Tom Proulx, co-founder of Intuit, as a Board Director.
Led by Peter Daley (CEO), Peter Kim (CTO) and Carl Wilson (SVP, General Manager), TradeSync aims to “make supply simple” for both customer organizations and the vendors that serve them. The company provides mobile apps and SaaS solutions, which don’t replace their existing business software systems (e.g., accounting or ERP) but extend their functionalities to connect to those of customers or vendors. Users can synchronize data, automate business processes, and coordinate the actions of their people and their counterparts. TradeSync’s solutions are categorized for customer organizations (companies that purchase products, receive invoices, etc.) and for vendor organizations (companies that sell products, send invoices, etc.).
The company, which also operates offices in NYC, is currently hiring engineers and sales managers (read here).