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Alvys Gets $20.5M For Logistics, Supply Chain Software

Solana Beach-based Alvys, a developer of logistics and supply chain management software, announced today that it has raised $20.5M in a Series A funding round. The funding was led by Titanium Ventures (formerly Telstra Ventures), and also included Picus Cpaital, RTP, and Bonfire. The company said it s working on becoming a "global standard logistics operating platform for logistics and supply chain management". The company's founder and CEO is Nick Darman.