- Roambee, a Santa Clara, Calif.-based supply chain visibility provider, closed an over $18m Series B1 funding round
- The round led by Temasek-backed Reefknot Investments
- The company intends to use the funds for further expansion of its technology, services and global market penetration ahead of its Series C round targeted for Q2 2021
- Roambee provides more than 300 global enterprises with real-time location and condition monitoring solutions to solve the logistics challenges inherent to the pharma industry
- The cloud platform powered by purposefully built multi-sensor IoT hardware and clever use of global connectivity options to monitor at scale
- The company has regional offices in Mexico, Brazil, UK, Germany, UAE, India, Malaysia and Indonesia