Inxeption Announces Investment from UPS Strategic Enterprise Fund
January 16 2019 - 9:10AM
Inxeption Corporation, the pioneer of blockchain-for-business,
today announced that UPS (NYSE:UPS) Strategic Enterprise fund has
made an equity investment in the company. The investment will be
used to create innovative new e-commerce solutions for B2B sellers
and buyers.
“This partnership represents the future of commerce,” said
Farzad Dibachi, CEO and co-founder of Inxeption. “Business
customers need secure platforms that protect their customer data
and proprietary information, while making it easy for them to
interact and even collaborate more effectively with their
customers. We are thrilled to partner with UPS, the largest
logistics provider in the world.”
Inxeption has designed the first blockchain-based e-commerce
platform for B2B that catalogs and digitizes product information.
The robust technology integrates product design, manufacturing, and
supply chain to help merchants grow their top line revenue and sell
products online, either for the first time or in a scalable,
smarter way. Shipping solutions are a particularly important factor
in B2B e-commerce. UPS and Inxeption will work together to develop
and bring to market new solutions in this area.
The platform also features real-time analytics so customers can
monitor online sales, and receive real-time order status, and
security notifications. Inxeption plans to launch additional
solutions to meet the needs of specific market segments.
“Inxeption’s technology is attractive to UPS because it helps
unlock new efficiencies for customers using B2B e-commerce
platforms,” said Kevin Warren, chief marketing officer of UPS. “UPS
creates alliances and partnerships to gain market knowledge and
position the company as the shipper of choice in ecommerce.”
Inxeption was founded in 2017 by Dibachi, Mark Moore and Terry
Garnett. Before Inxeption, they served in technical and marketing
management roles at Oracle before co-founding another tech company,
Niku Corporation.
To learn more about Inxeption,
visit www.inxeption.com/zippy.html.
About InxeptionInxeption is changing the way
industries promote, sell and manage products and services online.
Inxeption is a feature-rich e-commerce platform, providing the best
tools and innovative blockchain technology to insure trusted,
secure and reliable transactions. Inxeption is a sophisticated
platform that rapidly increases sales, streamlines your business,
and extends products to new online channels.
https://www.inxeption.com.
Contact Information
Laurie Gibson
Kickstart for Inxeption
lgibson@kickstartconsulting.com
650.815.1438
Maya Wald
Head of Growth Marketing
press@inxeption.com
914.806.2393
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