Thursday, July 26, 2012

Ordoro Gets $1.2M For Inventory Management Software

Austin-based Ordoro, a developer of software to manage the inventory and shippping of e-commerce retailers, has raised $1.2M, the company disclosed Thursday. The funding came from a European investor, along with angels who found the company through AngelList. The names of those angels were not announced by the company. Ordoro, which is headed by Jagath Nrayan, tracks shipping of products and inventory for online sellers. Ordoro was introduced to AngelList through Austin investor Joshua Baer, who commented on the firm's AngelList profile that the firm is "going to be one of the next Austin success stories." More information »