icix Raises $25M in Series C Funding

icixicix, a San Francisco, CA-based food safety startup, raised $25m in Series C funding.

Backers included Wesfarmers Limited, Vertical Venture Partners, Draper Fisher Jurvetson and Starfish Ventures.

Led by Matt Smith, co-founder and chief strategy officer, icix has just launched Direct Test, a cloud-based application for product safety compliance, which allows large companies across the general merchandise, apparel and food industries to automate the collection and management of third-party product tests to efficiently monitor and address safety and regulatory requirements.
By integrating directly with testing laboratories, the application matches purchase orders to existing documents, and notifies trading partners and testing labs when documentation or certificates are missing.

FinSMEs

22/07/2014

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