Former Amazon exec Dave Clark’s logistics software startup raises $100 million

The news: Logistics software startup Auger raised $100 million in funding from investment firm Oak HC/FT, per The Information.

  • The company is developing an AI-powered tool that integrates data from multiple sources to generate real-time insights across planning, forecasting, and financing.
  • That approach aims to help companies make key supply-chain decisions such as determining the most affordable way to cut shipping times from China to the US.