project44 Announces Expansion in Japan
PR94455
CHICAGO and TOKYO, Feb. 9, 2022 /PRNewswire=KYODO JBN/ --
- project44 hires general manager, director of solutions engineering and
regional marketing director, opens new office in Tokyo
Following the announcement of a $420M investment earlier this year, project44 (
) is proud to announce its expansion into the Japanese market. Project44
already has global insight, and expansion directly into Japan will generate
additional opportunities to serve Japanese brands, providing additional supply
chain visibility.
Photo - https://mma.prnewswire.com/media/1742765/project44_Tokyo.jpg
"As we continue our international expansion, Japan was a priority," said Jett
McCandless, Founder and CEO of project44, "Japan is a crossroads for
transcontinental trade. With our ocean insights, we already have insight into
Japanese shipping operations, and it was only natural to expand our presence in
the country."
#1 in Supply Chain Visibility
Throughout 2021, project44 cemented its position as the #1 company in supply
chain visibility with global port-to-door coverage across all modes of
transportation. The company now generates more than $100 million in annual
recurring revenue (ARR) and tracks more than 1 billion packages annually.
The $420M investment positions project44 to accelerate its mission to help
leading brands optimize the movement of products across supply chains,
delivering better resiliency, sustainability and value for their customers.
Leadership in Japan
Project44 recently hired Yuji Kuwahara as the General Manager and Vice
President, Sales, Japan. Kuwahara was previously a Vice President at Coupa
Software and LLamasoft. He has also previously participated in the Japanese
launch for foreign IT solutions start-up companies, where he led the sales
teams, grew their local organizations, and established the companies' brands in
the Japanese market. He brings his strong track record of success expanding
brands into the region to the role.
Kaoru Matsuda has joined the project44 team as the Director of Solutions
Engineering. Matsuda will be responsible for building out the Japanese
engineering team, expanding the ability for project44 to monitor supply chain
movements across the country and connecting Japan to project44's international
carrier network.
Project44 has also hired Kazumi Mihashi to be the Director of Marketing for the
APAC region. Mihashi previously served as the Japan & SEA Marketing Manager for
LLamasoft, Inc. Mihashi will pave the way for project44's landing in markets
across Japan as well as Asia, Australia and New Zealand.
Office Opening
To build its presence in Japan, project44 will open a Tokyo office in February
of 2022. The office will be located in the Hibiya area. The office sets the
stage for continued expansion in the region. The company plans to triple the
size of the Tokyo office in 2022, hiring more than a dozen employees this year.
Job openings for new team members can be found here (
).
Future Market Events
Project44 will attend major trades shows in Japan later this year including
Manufacturing, Construction, Logistic Innovation Week this spring and
Logis-Tech Tokyo (
) in September.
What Our Customers and Investors Say
"We evaluated the business potential and future potential of project44 and
decided to invest, in addition to becoming a customer. In the future, while
using the services of project44, which will be further expanded, we will deepen
our knowledge of supply chain visibility and provide further value to our
customers with it," said Hiroshi Etani, Senior Managing Executive Officer, at
Yamato Transport Co., Ltd., Japan's largest delivery company.
"According to project44's month-on-month shipment delay data, average delays
from China to major Japanese ports increased by 105% to 3.7 days in January
2022 compared to 1.8 days in December 2021. With companies facing more
operational challenges, and with project44's ability to power the world's
supply chain with its global network, we believe project44's expansion into
Japan was a natural next step and are excited to see them grow their solutions
in the market." - Koichiro Nakamura, Founder and General Partner at Sozo
Ventures.
About project44
project44 (
) is on a mission to make supply chains work. As the supply chain connective
tissue, project44 operates the world's most trusted end-to-end visibility
platform that tracks more than 1 billion shipments annually for over 1,000 of
the leading brands, including top companies in manufacturing, automotive,
retail, life sciences, food & beverage, and oil, chemical & gas. Using
project44, shippers and carriers across the globe drive greater predictability,
resiliency and sustainability.
The undisputed leader in the market, project44 was named the Leader in the
Gartner Magic Quadrant, #1 in FreightWaves FreightTech 2021, the Customer's
Choice in Gartner Peer Insights Voice of the Customer report. project44 is
headquartered in Chicago with a diverse team spanning 17 global offices. To
learn more, visit www.project44.com .
Contact
project44@nextpr.com
SOURCE project44
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