Tuesday, April 8, 2014

Elementum Gets New Funding

Mountain View-based Elementum, which develops supply chain management tools, said this morning that it has added five new, high profile angel investors to the company, on top of a total of over $60M in funding from Lightspeed Venture Partners and Flextronics. Elementum said the additional investors include Aaron Levie (Box), Dave Duffield (Workday), Jerry Yang (Yahoo), Jim Davidson (Silver Lake Partners), and Mike Frandsen (Workday). The company as added Duffield, as well as David Dipple (Yahoo), David Henke (LinkedIn), and Aneel Bhusri (Workday) as advisors to the company.