Apkudo, the leader in supply chain automation for connected devices, today announced that it has raised $14 Million in Series B funding led by Harbert Growth Partners and MissionOG, with significant participation from existing investors Grotech Ventures and Lavrock Ventures. With this new capital, Apkudo plans to accelerate the global expansion of its Hive Device Platform across emerging channels and verticals.

Founded in 2011 by Josh Matthews and Ben Leslie, Apkudo’s Hive provides a universal system for managing connected devices across the entire supply chain by securely bridging internal systems and external partners into a single, secure platform. With powerful artificial intelligence enhanced test software and high volume robotics for diagnostics and cosmetic grading, the Hive platform brings the full power of the extended enterprise to provide automated answers to the question, “What do I do with this device, right now?”

Apkudo’s Hive connects internal systems across the enterprise with ease — unlocking powerful data from silos to enable real-time decisions. By enabling customers to connect their ecosystem partners to the Hive platform, Apkudo delivers improved supply chain efficiencies via a single operating system. The result is a flexible platform that reduces complex processes into collaborative business applications.

“Hive is powering the beginning of a major evolution in how connected devices are managed throughout the complete device lifecycle and end-to-end supply chain,” said Josh Matthews, CEO and co-founder of Apkudo. “We are excited about our new partnership with Harbert Growth Partners and MissionOG as well as the continued exceptional support from Grotech and Lavrock, all experts in accelerating and scaling high-growth businesses, to further invest in our goal to manage every connected device in the global supply chain.”