Interos & NightDragon announce investors in funding round

By Helen Adams
Accenture and Coupa Ventures support Interos’s mission to build supply chain resilience in funding round led by NightDragon

Operational resilience company Interos has announced that two new strategic industry partners have joined the company’s US$100mn Series-C funding round: Accenture and Coupa Ventures.

 

Resilience is key

NightDragon and Interos have joined with the groups, who hope to see more supply chain resilience safeguarded against further disasters.

The group brings together industry leaders in:

  • Supply chain resilience
  • Spend management
  • Automation
  • Systems integration

 

The collaboration brings together not just visionary technology and service providers but also leading venture capital firms including NightDragon – who led Interos’ Series-C round – Kleiner Perkins, and Venrock, in recognising the urgent need to deliver operational resilience to alleviate global bottlenecks and safeguard critical networks.

The closing of the round, which launched Interos to a valuation of more than USS$1bn and Unicorn status, comes on the heels of an expanded product offering by Interos which adds new depth to the way companies and government organisations can visualise their extended sub-tier supply chains.

Interos uses SaaS platforms and artificial intelligence to model and transform the ecosystems of complex businesses into a living global map. The company was founded in 2005, Arlington, Virginia, USA.

Investment and advisory firm NightDragon is sharply focused on late-stage investments, was founded in 2018, San Francisco, California, USA.

 

Powerful resources to tackle supply chain risks

Interos believes that over the pandemic period, people around the world have realised the importance of a resilient supply chain. 

“We are extremely honoured to have Accenture and Coupa – both recognised innovators in their fields - join forces with Interos as strategic investors in the company”, said Jennifer Bisceglie, Interos’ founder and CEO. “If the past two years have shown us anything, it’s that nothing about our supply chains or global economy can be taken for granted, and that building resilience and stability will require unprecedented collaboration and teamwork.”

“Supply chain disruption is the most pressing issue of our time", said Dave DeWalt, founder and managing director of NightDragon. "We are proud that our network and business development efforts helped bring together Interos’ unique resilience technology, Accenture’s unmatched understanding of industries, technology and security services innovation, and Coupa’s leading business spend management expertise. These are the powerful resources we need working together to effectively tackle this challenge from all sides.”

Share

Featured Articles

Vizibl: The power of supplier collaboration & innovation

At Procurement & Supply Chain LIVE, Mark Perera, CEO of Vizibl discussed the power of supplier collaboration and innovation to drive sustainable growth

News round-up: Digital technology and AI in procurement

Digital transformation - SirionLabs & Gartner; AI solutions - Esker & Sanden International; net zero sustainability in procurement - webinar with Ivalua

Don Perigny, Werfen: Procurement strategy during a pandemic

Speaking at Procurement & Supply Chain LIVE, Werfen’s Don Perigny discusses the company’s procurement strategy during the COVID-19 pandemic

Webinar: procurement and net zero sustainability with Ivalua

Sustainable Sourcing

Rachel Henney: Procurement and the lean management system

Procurement Strategy

AB-InBev & Accenture discuss supply chain sustainability

Sustainable Sourcing