After about two years of stealth operation, Elementum, a novel mobile cloud platform for holistic supply chain management (SCM), announced that it has more than $60 million in funding and several major customers. The Silicon Valley-based startup has $44 million in Series B funding from Lightspeed Venture Partners and Flextronics (which was also the major pilot customer) and brand name customers like Dyson and Enphase Energy Inc.
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order to see exactly where every part, component, and finished good is manufactured, supplied, and distributed all over the world. All customers have to do is download an app, log in, and go. Under the hood lies a platform built from the ground up using the latest in scalable big data technologies, such as flexible schema databases, representational state transfer (REST)-based application programming interfaces (APIs), and Hadoop. True Big Picture Value Prop At the most basic-level, E2open, SAP