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General Information

CategorySoftware
Employees
Founded1998
DescriptionSupply Chain Management Software

Offices

Funding

TOTAL $6.2M
FUNDING TOTAL $6.2M
Venture Round, 2/2005
RRE Ventures
Lake Street Capital
Polaris Partners
Draper Richards
$6.2M

Tags

Frictionless Commerce

Frictionless Commerce, Inc. delivers supplier relationship management software to the purchasing organizations. It offers Sourcing software, an enterprise sourcing platform that minimizes the cost of acquisition for various direct and indirect materials, services, and capital equipment. The company serves banking, insurance, professional services, consumer products, discrete manufacturing, life sciences, telecommunications, and utilities markets. Frictionless Commerce, Inc. was founded in 1998 and is based in Newton Square, Pennsylvania with an additional office in London, England. As of June 5, 2006, Frictionless Commerce, Inc. is a subsidiary of SAP AG.

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Sources

  1. Frictionless lands $6.2M in financing, hires new CEO Read more: Frictionless lands $6.2M in financing, hires new CEO - Boston Business Journal (boston.bizjournals.com) [edit]
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Last Edited 10/26/13

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