Cloud-Based Contract Manufacturing Gets New Money

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By Ryan Martin | 1Q 2019 | IN-5438


Cloud-Based Contract Manufacturing


Cloud-based contract manufacturing just got a boost. Fictiv, a savvy California startup looking to transform hardware manufacturing, closed a US$33 million Series C funding round—more than double its previous bench—for a total investment of US$58 million to date. The latest round will be used to accelerate the company’s effort to digitalize and automate the manufacturing workflow.

Digital Drop Shipping on Demand


Every company wants to bring products to market faster, but not every company has the bandwidth and resources to pull it off. Some struggle with output quantity; others struggle to hit quality benchmarks. This is where contract manufacturing comes in.

Contract manufacturing reduces the resources required for supply chain management, lowers barriers to entry, and speeds time to market. The challenge with traditional contract manufacturing is the functional silos required to actually make a product: a company might work with Autodesk for design, Jabil for developme…

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