Recently we surveyed our community asking what type of content you want to learn about and the top response was news from the local startup community. That’s why we’re excited to begin sharing more happenings from in and around Detroit, starting with a new funding announcement from Madison Heights-based startup, Xeeva.
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If you work in indirect procurement, you’re definitely familiar with the problem of imperfect procurement data. Data that’s “imperfect” is unstructured, incomplete, or inaccurate, and is a result of any number of factors – including multiple ERP systems that don’t communicate with each other, widespread locations that operate independently, and people not following the correct process. When you have imperfect data, it’s impossible to accurately understand how your organization is doing or discover ways you...
Source-to-settle software provider will use the funds to fuel growth and innovation MADISON HEIGHTS, MI, April 12, 2018 – Xeeva, Inc. (“Xeeva” or the “Company”), a global provider of intelligent procurement and sourcing software, announced today an investment of more than $40 million led by PeakEquity Partners I, L.P. “It’s an exciting time to be at Xeeva! We’ve come a long way,” said Dilip Dubey, CEO and Founder of Xeeva. “This investment is both a...