Mountain View, CA – According to filings with the U.S. Securities and Exchange Commission, SKUChain is raising $14,896,341.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Srinivasan Sriram played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About SKUChain
Our Currency Agnostic Blockchain links procurement and contract management, financing arrangements, direct enterprise control of corporate payments and inventory tracking in a buildable manner. The result is a Liquid Supply Chain, where data flows downstream in real time and early payments flow upstream in a risk-mitigated manner from new pools of capital. We were founded in 2014. Our investors include NTT Docomo Ventures, Blockchange Ventures, Digital Currency Group, Amino Capital and Fenbushi Capital. Our advisors include Ken Rosenberg, SVP of Bridge Bank; Professor Baba Shiv of Stanford GSB and Mas Sakamoto, angel investor and former tech executive. With a strong team of serial entrepreneurs from Harvard, Stanford, MIT, Berkeley, Columbia and UPenn, we are looking to help enterprises break free from the complexities and costs associated with their Inventory and bring forth the vision of Collaborative Commerce where trade partners can interact in a friction free manner and gain deep visibility into their supply chain so they can make smart forecasting decisions, and not be constrained by cash flow.

To learn more about SKUChain, visit http://www.skuchain.com/

Contact:
Srinivasan Sriram, Chief Executive Officer
650-887-4860
sriram@skuchain.com
https://www.linkedin.com/in/ssr1ram/

SOURCE: http://www.intelligence360.io
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