SourceDay secures Seed Round to Fuel Growth and Development

SourceDay, a pioneer in purchase order management automation software, raised a $3.5 million round of equity financing from investors Draper Associates, Silverton Partners and ATX Seed Ventures. The capital will fuel growth as the company hires product development and additional sales professionals to meet increasing demand. The investment will ensure manufacturing and distribution companies have a modern and strategic solution to manage their supply chain.