SmartTurn takes $5 million for on-demand inventory
SmartTurn is an Oakland, Calif. company that offers simple browser-based software for inventory and warehouse management.
The company assists with all aspects of the inventory system, from purchasing goods to eventually selling or shipping them. Its tracking software can work in conjunction with other technologies, including both barcoding and RFID tagging.
The $5 million funding was led by New Enterprise Associated and Emergence Capital Partners. It was the company’s first.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.