Deutsche Post's Risk-Management Platform Gets $21 Million Investment
November 12 2018 - 9:17AM
Dow Jones News
By Nathan Allen
Deutsche Post AG (DPW.XE) said Monday that its Resilience360
risk-management platform received a $21 million investment from
Washington D.C.-based venture-capital firm Columbia Capital.
Neither party disclosed the size of the stake that Columbia
Capital will take.
Columbia's team will take an active role in pursuing organic and
inorganic growth opportunities, Deutsche Post said.
Resilience360 alerts customers about supply-chain incidents and
risks, using machine learning to give early warnings about
potential supply disruptions.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
November 12, 2018 09:02 ET (14:02 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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