SEDNA Raises $34 Million in Series B

by Kay Aloha Villamor in August 23rd, 2021

Tech startup SEDNA, an intelligent communications system for high-performance teams, has raised $34 Million (nearly €28.8M) in Series B funding from Global venture capital and private equity firm Insight Partners. Along with Series A investors Stride, VC, Chalfen Ventures, and the SAP.iO fund.

The company plans to used funds to expand its investment in the global supply chain space and looks to increase new verticals. SEDNA also aims to develop its product, data science, and go-to-market functions.

Company: SEDNA Communications Ltd

Raised: $34.0M

Round: Series B

Funding Month: July 2021

Leading Investors: Global venture capital and Insight Partners

Additional Investors: Stride.VC, Chalfen Ventures and the SAP.iO fund.

Company Website: https://www.sedna.com/

Software Category: Intelligent Communication System

About the Company: SEDNA is email reimagined, built with intelligence and team collaboration at its core. Emails and communication are enriched in real-time with information about the projects and transactions they’re related to. Within SEDNA’s digital workspace, individuals can seamlessly collaborate and execute with increasing speed while delivering a single source of truth for the whole organization through one integrated system. 

Source: https://siliconcanals.com/news/startups/sedna-raises-28-8m/

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