Deutsche Post DHL Group has announced an equity commitment of $21 million by Columbia Capital into Resilience360 – DHL’s cloud-based supply chain risk management solution.
DHL said the Washington, DC-based venture capital group, has a long history of investing in and scaling high growth and disruptive technology companies.
Columbia Capital’s team will take an active role in pursuing organic and inorganic growth opportunities for the market-leading R360 platform, which allows businesses to visualize, track and manage risk in their global end-to-end supply chain operations.
Resilience360 will remain an integral part of the DHL service offering and continue to cooperate closely with the different DHL business units on agile sales and customer centric product development.
DHL’s chief commercial officer, Katja Busch said: “Resilience360 is a key part of DHL’s value proposition. By bringing in Columbia Capital, we have the opportunity to significantly enhance its capabilities, particularly in data analytics and accelerate the growth of the platform and provide an even better service offering to our customers
“Supply chain risk management is more important than ever to our customers and aiding global supply chains to be more resilient is a critical part of our business. The investment reflects our commitment to helping the industry manage risks beyond the DHL network.”