Official announcements or news articles about new funding rounds

Dave Clark Raises $100 Million for Auger to Solve Supply Chain 'Franken-software'

Oct 8, 2024, 01:15 PM

Dave Clark, the former senior Amazon executive who built its massive delivery network and later served as CEO of Flexport, has launched a new startup named Auger. Clark has raised $100 million for this venture, which aims to develop software to optimize supply chains and solve 'Franken-software' issues. Clark, who stepped down as CEO of Amazon's worldwide consumer division in June 2022, is focusing on reinventing supply chain technology and processes. Auger is described as an intuitive, automated, and transformative solution for supply chain management.