Cbx Software Announces $10 Million Series A Funding From Baring Private Equity Asia To Expand Global Outreach
May 11, 2022•about 3 years ago
Amount Raised
$10 Million
Round Type
series a
Description
CBX Software, the leading Extended Product Life Cycle Management platform provider, has closed on its first institutional investment in partnership with Baring Private Equity Asia (BPEA). CBX will maintain its majority controlling interest while taking on a significant minority investment from BPEA. Today's rapidly evolving market demands agile software solutions, and this partnership will bring CBX Software to a wider audience. This investment will also accelerate the growth of CBX through both organic business development and future retail supply chain technology company acquisitions.
FundzWatch™ Score
63
Medium Activity
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech