Global intelligent procurement and sourcing software provider Xeeva, Inc., garnered an investment of $40 million led by PeakEquity Partners I, L.P. Since 2014, Xeeva has assisted its users by cleansing and categorizing spend data, automating buying tasks, picking the best supplier, and identifying opportunities to save.
Ivalua, a global leader in Cloud Spend Management, announced that it has amassed Directworks to better enable customers to manage direct materials and serve the needs of the manufacturing industry. Directworks allows highly engineered product manufacturers to work collaboratively across teams and with suppliers to develop,
Enterprise IT startup UpStack announced the completion of $1.8 million in seed financing. Burch Creative Capital and Montage Ventures participated in the round. UpStack is an online platform that helps IT professionals and consultants across the globe drive optimal IT deployments by finding and procuring
BuildingConnected completed a $22 million Series B financing that was led by Lightspeed Venture Partners. Crosslink Capital, Homebrew Ventures, Freestyle Capital, Bee Partners and Brick & Mortar Ventures also participated. BuildingConnected provides builders with cloud-based bid procurement services to send invitations to bid for jobs,