Atlanta-based Stord, a cloud supply chain leader, announced it has raised $90 million in Series D funding led by Kleiner Perkins, with additional participation from Lux Capital, D1 Capital and Palm Tree Crew, and existing investors, including BOND, Dynamo Ventures, Founders Fund, Lineage Logistics and Susa Ventures.
In addition, Michael Rubin, Fanatics founder and founder of GSI Commerce, Carlos Cashman, CEO of Thrasio, Max Mullen, co-founder of Instacart and Will Gaybrick, CPO at Stripe, joined the round.
The new funding values the company at $1.1 billion and comes just six months after its $65 million Series C. Stord has raised $205 million in total funding.
Source: press release