icix Snags $25M For Supply Chain Risk Management

San Francisco-based icix, developer of software applications used for supply chain risk management, has raised $26M in a Series C funding, the company said this morning. The funding comes from Wesfarmers Limited, Veritcal Venture Partners, as well as Draper Fisher Jurvetson and Starfish Ventures. The company has now raised $50M in funding. The company develops product safety and compliance software, used to automate safety and regulatory requirements. More information »