Supply chain disruptions were up 67% in 2020 and 83% percent of these disruptions were caused by humans somewhere in the many moving parts that need to work in unison, whether at the supplier, trader, bank, or manufacturer end. The pandemic exposed shortcomings that were decades in the making. The importance of how technologies can bring supply chain transparency and flexibility is now at the forefront with unprecedented attention given to visibility and decision-making tools to ensure that our global, interconnected supply chain remains as resilient as it can be. Waybridge is a supply chain management platform focused on raw materials, the core components at the top of the funnel for most supply chains. The platform minimizes the resources spent on previously manual processes and provides a holistic view of shipments, inventory, and even offers alternative suppliers and purchasers so that businesses can be prepared in case of disruption. Waybridge is initially focused on non-ferrous metals with plans to expand into other materials and also increase the capabilities the platform offers to include tracing, sustainability, and trade finance. AlleyWatch caught up with CEO and serial entrepreneur Brian O’Kelley (cofounded AppNexus) to learn more about how the business came to fruition, the company’s strategic plans, how recent events have accelerated the digital transformation for supply chain management, and the company’s latest round of funding led by Rucker Park with participation from Craft Ventures and Venrock.
13 fundings; $250M+ invested in NYC startups in the past week. NYC Tech News for the week ending 5/15 featuring news for Heartbeat Health, Lili, and much, much more.
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 5/15/21 featuring funding details for Ethos, Handshake, SightCall, and twenty-eight other rounds that you must know about.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 5/14/2021 featuring funding details for Waybridge, Bonsai, and much more.
After a long period of speculation, it has been confirmed that AT&T has acquired adtech pioneer AppNexus. The financial terms of the acquisition were not disclosed but sources with knowledge of the transaction have indicated the value of the transaction is approximately $1.6B. AppNexus primarily provides a sell-side platform (SSP) for publishers to monetize their […]
Brian O’Kelley, the founder of AppNexus, is perhaps one of the most successful Internet entrepreneurs in NYC. Called a visionary and “the king of adtech,” by Forbes, O’Kelley is responsible for how modern companies have come to approach advertising online. O’Kelley can be counted among the original internet entrepreneurs, having run a successful web design […]