Data integration provider Chain.io has raised $5 million in a funding round led by Grand Ventures and Mercury Fund.
Officials for the cloud-based platform said they will use the funds to fill a number of positions in sales, engineering, customer success and more.
“We will be immediately deploying this capital to help expand our world-class supply chain integration network and help our customers develop their digital nervous systems throughout their extended supply chain,” Brian Glick, Chain.io’s founder and CEO, said in a release.
Chain.io’s cloud-based platform helps companies integrate data from various providers — including suppliers, freight forwarders and warehouses — to create logistics solutions across the supply chain, Glick said.
