Youredi Launches Global e-Commerce Data Integration Solution in U.S.; Secures Investment from Risto Siilasmaa

WOBURN, MA--(Marketwired - Mar 17, 2015) - Youredi, the leading provider of data integration solutions for global e-commerce, announced today that it has launched its industry-recognized iPaaS (integration platform as a service) data integration solution in the U.S. and established a North American subsidiary. Also today the company announced an investment from the Chairman of the Board of Nokia and F-Secure, Risto Siilasmaa.

Youredi is the only provider singularly committed to streamlining the flow of information throughout global e-commerce networks, including parcel logistics, supply chain, financial services and other value networks. The Youredi platform integrates data across applications, processes and systems seamlessly, quickly and cost-effectively -- on premise, in the cloud and between trading partners. Youredi was recognized by Gartner as a Cool Vendor in Integration in 2014.¹

"The $1.25 trillion global e-commerce market depends on the fast and accurate flow of information -- getting the right data into the right hands at the right time," said Dean Baxter, general manager of Youredi, Inc. "This is particularly critical in complex, cross-border supply chain/e-commerce applications, where there are multiple delivery lanes for intercontinental shipments. Today, traditional vendors are struggling with the lack of integration between multiple old platforms and the business risk of migration. By providing an iPaaS solution built upon best practices in the cloud, Youredi is solving these critical challenges at significantly less cost than traditional methods, and at the same time, providing the highest levels of transparency, speed, scalability and service," Baxter added.

Investment
Siilasmaa's investment in Youredi Ltd recognizes the company's huge growth potential providing a one-of-kind iPaaS solution for the rapidly growing e-commerce marketplace. Youredi's technology and packaged solutions are currently being implemented by some of the world's largest e-commerce players.

"We are pleased to have access to Risto's experience, network and real-world understanding," said Jaakko Elovaara, CEO of Youredi, Ltd. "It is very gratifying to have his support of our business and services, and it underscores our commitment to building the world's best integration platform for the supply chain/e-commerce marketplace." 

Youredi Features

Youredi's platform provides a quick and flexible solution enabling companies to quickly establish relationships with new trading partners and share data as it flows throughout the supply chain. It supports industry standards and connectivity with other platforms, and integrates seamlessly with internal/external systems, enabling information to be easily shared. Youredi's platform, which is built on Microsoft Azure, is able to process data in any format and size, and supports all relevant communication protocols.

¹ Gartner, Cool Vendors in Integration, 2014, published May 8, 2014, Keith Guttridge, et al.

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About Youredi

Youredi is the only global provider of cloud-based iPaaS solutions to singularly address the needs of e-commerce/supply chain logistics providers for interoperable, low-cost data integration, ensuring the seamless flow of information across value networks. Youredi enables its customers to easily and cost-effectively bring data to the right place and the right time, so they can easily transact with business partners, gain visibility throughout the value chain, and better share data in the cloud as well as in disparate applications and systems. Youredi, Ltd, which was founded in Finland, is privately held with a North American subsidiary, Youredi, Inc., headquartered in Woburn, Mass. For more information visit www.youredi.com and on Twitter: @youredi_tweets.