Qmerit grabs $11.75 mln

Qmerit, a provider of cloud-based MRO supply chain solutions, has raised $11.75 million in funding. The investors included Strandview Capital, Schneider Electric and Innogy Ventures. In conjunction with the funding, Kevin Covert from Strandview and Heriberto Diarte from Schneider Electric will join Qmerit’s board of directors.

Source: Press Release