28 January 2020:

Roambee today announced a $15.2 million additional Series B financing. The funding round was led by Anchor Group and Comcraft.

Intuitive Ventures, logistics conglomerate Jebsen & Jessen, Indonesia’s largest wireless service provider Telkomsel and industrialist Anant Singhania also participated in the funding round.

The company will use the fresh capital to expand its operations and accelerate sales globally.

Dweep Chanana, Managing Partner, Anchor Group, said, “As the only company to collect, translate and transform data into actionable intelligence operating globally, we believe that Roambee is already materially disrupting the logistics industry and well poised to drive and benefit from further transformation of supply chains.”

Dweep Chanana,, added, “Roambee delivers a proven end-to-end goods and asset monitoring solution. As a first step to creating connected supply chains, their integrated approach has resonated strongly with major enterprises who are undertaking major deployments – establishing Roambee as a clear leader in this field. We are excited to support them in scaling up to meet demand as more organizations recognize the need for and value from real-time supply chain monitoring.”

Sanjay Sharma, CEO of Roambee, said, “Customers begin by using our service as an early warning system to eliminate disruptions and reduce risks in their supply chain. We then extend our value proposition by providing insights and foresights to streamline and optimize their operations. Anchor’s investment is a strong validation of our technology and our team.”

(Source – Roambee)

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