- Apkudo, a Baltimore, MD-based provider of supply chain automation solutions for connected devices, raised $14M in Series B funding
- The round was led by Harbert Growth Partners and MissionOG, with participation from existing investors Grotech Ventures and Lavrock Ventures
- The company also intends to use the funds to accelerate the global expansion of its Hive Device Platform across emerging channels and verticals
- Apkudo provides a universal system for managing connected devices across the entire supply chain by securely bridging internal systems
- The Hive platform leverages artificial intelligence enhanced test software and high volume robotics for diagnostics and cosmetic grading
- Customers include smartphone manufacturers such as Samsung and LG, leading mobile carriers including AT&T Mexico
