Insight Partners to invest $42m in Sedna.

Insight Partners, a global venture capital and private equity firm that invests in high-growth technology, software, and Internet businesses, agreed to invest $42m in Sedna, a data-driven communication platform for the global Supply Chain industry. "This additional funding provided by Insight Partners will pave the way in helping fill this ‘communication to action gap’ and create a connected, intelligent approach to make trade go faster. The increased investment comes at a critical time as the shipping industry undergoes a quantum leap in the way it conducts its operations as a result of the fast-evolving pandemic, geopolitical tensions, climate change and the impact of AI. ‍We’re excited to continue to work with Insight’s great leadership across its technology portfolio companies and are grateful for their visionary contribution to our work,” Bill Dobie, Sedna Founder and CEO.