SupplierMarket.com is an online marketplace for buying and selling manufactured direct materials.
SupplierMarket.com is an online marketplace for buying and selling manufactured direct materials. The site enables buyers to find new suppliers and suppliers to find new business using only a personal computer, Internet connection, and Web browser. SupplierMarket.com can help eliminate the current problems of a fragmented market, poor information flows and an imbalance of supply and demand. Through sophisticated technology, buyers in need of a particular product are matched to suppliers that can satisfy their requirements. The final step in the process is a live, online bidding event where suppliers bid for the buyer's business.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Dec 2, 1999 | Series B | $40M | 2 | Kohlberg Kravis Roberts | — | Detail |
Aug 25, 1999 | Series A | $8M | 1 | Sequoia Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Kohlberg Kravis Roberts | Yes | Series B |
Sequoia Capital | — | Series B |