Assembly Line

Supply chain specialist Cloudleaf rebrands as ParkourSC, lands funding

📅 Date:

✍️ Author: Chris J. Preimesberger

🔖 Topics: funding event

🏢 Organizations: ParkourSC

One of the software-as-a-service packages being deployed is made by real-time supply chain operations platform-maker Cloudleaf, which today announced two things: a strategic rebrand under the name ParkourSC, and the closing of a $26 million investment led by Cota Capital, including former executive chairman and CEO of Cisco Systems John Chambers, the current founder and CEO of JC2 Ventures.

Eight-year-old ParkourSC specializes in digital transformation, manufacturing and the pharmaceutical industry. Its real-time platform creates a digital twin of the supply chain and processes billions of events per second to produce diagnostic and predictive insights for location, condition, utilization and anomaly detection. The service can be added to an enterprise system without the need to make costly changes to existing technologies and infrastructure, CEO Mahesh Veerina told VentureBeat via email.

Read more at VentureBeat