Innovative Cold Chain Monitoring Company Dyzle Closes €1.5 Million Funding Round Led by All CapitalAdd bookmark
ALMERE, The Netherlands, 15th November 2012 – Dyzle BV, the global leader in delivering platform-as-a-service (PaaS) solutions for the cold chain market, has announced the closing of a €1.5 million financing round. All Capital, based in Amsterdam, led this third round of funding following on its earlier investment.
This investment supports Dyzle’s plans to further develop its open real-time cold chain monitoring and control platform enabling 3rd party and industry standard hardware connections, as well as enabling Dyzle to accelerate its international expansion, through global sales expansion that can take advantage of a fast growing partner network and an increasing user community.
"Dyzle is the global innovator specialised in measuring, analysing, distributing and displaying business process data in real-time. In the current economy, the ability to have timely information about the condition of your products in transit and business processes, including automated registration and interpretation is mandatory. Company management needs visibility and full control of these processes, since these are critical to the quality of their products," said Bert Zandhuis, CEO of Dyzle. "Dyzle being the first one to offer this open service subscription is uniquely positioned to facilitate these customer requirements enabling our customers to support their critical processes."
Since its product launch in 2007, Dyzle has steadily enhanced its platform. Over 2000 companies globally are currently using this Dyzle solution in various sectors: in food and retail, in pharmaceutical and healthcare, in energy and environment, and in transport and logistics. In June 2012 Dyzle launched its second-generation platform focussing on ease of use, enabling 3rd parties to connect to its monitoring platforms and solutions that support management.
Dyzle’s solution measure, analyse and display process data in real time, providing customers with assurance of their products compliance to product standard requirements throughout the supply chain; they also enable the promotion of sustainability through monitoring of energy consumption and a wide range of variables such as temperature, humidity, and CO2 levels through the chain. The combination of this monitoring and performance dashboards ultimately helps reduces costs too. In terms of compliance, since every link of the chain is monitored, transport and logistics managers are immediately informed if a temperature or other variable has strayed outside its acceptable or tolerance limits.
"Pharmaceutical regulations with respect to good manufacturing practice (GMP) and good distribution practices (GDP) as well as the mandatory HACCP (hazard analysis and critical control points) registration in the food and retail world will make this market grow fast in the years to come" said Guus Overdijkink, director at All Capital. "Looking at the recent progress in Dyzle’s business and the increased requests in these markets we trust this to be a great investment."