Ekos, a startup in North Carolinadedicated todeveloping business-organizing software for craft breweries and other beverage industries, announced that it raised $8 Million in Series A funding round last week. An Atlanta-based venture firm, Noro-Moseley Partners, led the funding round.
Before this funding, the startup was busy for the past five years in establishing a business in 40 different countries, which is serving 1,700 customers. The firm has developed a set of tools to monitor everything ranging frominventory to final products.
After launching such rare business in 2014, the founders then thought of developing software for the exclusive market. Through a survey, the founders found that brewers were using manual tracking methods and ERP software-based approaches such as NetSuite, SAP,or Microsoft Dynamics.
McKinney, along with his co-founder, built a suite of tools for the brewery market. Now, the brewery processes are managed through a smartphone application that includes tracking and setting up the flowrate of entire operation.
On a related note, the LA-based company thatfocused on selling software to manage EV charging, EV Connect, has raised $12 Million in a Series B funding round directed by investors Ecosystem Integrity Fund and Mitsui & Co.
So far, the company has grabbed $25 Million in funding.
EV Connect functioning is established on a cloud-based platform with an open standard architecture, providing a range of hardware vendors an approach to observe, administer, and maintain charging stations.
The ultimate goal is to drive the market away from a fragmented and closed system to a more open one, stated by EV Connect Founder and CEO Jordan Ramer.
EV Connect follows a bilateral approach. EV Connect manages 1,000 electric vehicle-charging sites offered by the company. Using the EV Connect’s smartphone app,drivers can have real-time access to the status of charging stations.
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