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Ex-Amazon executive's startup Auger raises $100 mn for supply chain
Anamika Mishra,
Sub Editor
Anamika Mishra,
Sub Editor
Dave Clark, the former CEO of Amazon's consumer division, announced on Tuesday that his new software supply chain management startup, Auger, has successfully secured over $100 million in private equity funding from Oak HC/FT and other investors. Auger plans to offer a software-as-a-service platform that leverages an artificial intelligence operating system and automation to deliver real-time data and insights, helping companies alleviate supply chain challenges.
Before launching Auger, Clark spent 23 years at Amazon, where he played a crucial role in transforming the company into a global delivery powerhouse. He also had a brief tenure as CEO of Flexport, a firm specializing in data and logistics for order and shipping management.
Auger is expected to reveal more about its product roadmap in the coming months.
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