- CognitOps, an Austin, Texas-based global provider of artificial intelligence-based warehouse operating applications, raised US$11m in Series A funding
- The round was led by FirstMark Capital with participation from Chicago Ventures, Schematic Ventures, Haystack, and CEAS Investments
- In conjunction with the funding, Beth Ferreira, Partner at FirstMark, will join the CognitOps Board of Directors
- The company intends to use the funds to expand internationally, increase sales capacity, and expand product development
- CognitOps provides a platform that allows supply chain leaders to make decisions to manage complexity, reduce cost, and improve cycle time without the need to upgrade or replace their existing investments
- The company also has a software development center in Kyiv, Ukraine
