RiverOne
Providing supply chain management software and services for trading partners across distributed electronics industry supply chains.
| Date | Investors | Amount | Round |
|---|---|---|---|
$6.0m | Late VC | ||
| Total Funding | 000k | ||
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RiverOne, Inc. operated as an early-stage Software-as-a-Service (SaaS) firm, providing supply chain management solutions tailored for the electronics industry. The company originated from the merger of Efinity, founded in 1999, and Need2Buy Inc. in November 2001. This strategic consolidation created a more robust entity focused on collaborative supply chain execution.
The company's core offering was its INTERACTIVE software solution, a platform designed to manage business processes across the "inter-enterprise." This system provided integrated execution, planning, and metrics through a single application, facilitating structured collaboration beyond a single company's walls. It allowed clients to manage their supply chain operations on a partner-by-partner and program-by-program basis. The target market included original equipment manufacturers (OEMs), electronics manufacturing services (EMS) providers, and component suppliers. Notably, RiverOne's clientele, which included major players like Acer, Flextronics, and Solectron, represented a significant portion of the global outsourced manufacturing sector.
RiverOne was a venture-capital-backed company, securing multiple funding rounds, including a Series B of $43 million in July 2000. Its investors included firms such as Baker Capital, Cipio Partners, and Mitsubishi. On February 21, 2006, the assets of RiverOne were acquired by i2 Technologies, a prominent supply chain solution provider. The acquisition was a strategic move for i2 to enhance its multi-enterprise execution platform and expand its customer base in the electronics manufacturing sector. Subsequently, i2 Technologies itself was acquired by JDA Software Group in a deal completed in early 2010.
Keywords: supply chain management, SCM software, electronics industry, SaaS, inter-enterprise collaboration, supply chain execution, OEM, EMS, component suppliers, Efinity, Need2Buy, i2 Technologies acquisition, JDA Software, supply chain planning, venture-backed, Baker Capital, Cipio Partners, collaborative planning, forecasting, replenishment