FinTechFunding

Roambee: Closes Over $18M Series B1 Funding

  • 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
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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