Verdane invests in leading eSourcing company Scanmarket.

Verdane Edda has invested in Scanmarket, a cloud-based SaaS suite within strategic sourcing software. Financial terms were not disclosed. The goal of the investment is to strengthen Scanmarket’s position as a best of breed solution within eSourcing and to build a leading international Source-2-Contract (S2C) software company that helps procurement professionals in achieving cost savings. “This partnership allows us to accelerate our investments into product development and marketing, so that even more companies can benefit from the cost savings generated by our clients from adopting our platform”, Betina Nygaard, Verdane CEO.