Draper Associates, Silverton invest in SourceDay's new seven-figure funding

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SourceDay Inc. announced a $6.5 million series A round Dec. 5 and the backing of prominent investors such as Draper Associates, which has invested in Tesla Inc. and Skype, and Silverton Partners, one of the most active early-stage investor in Texas. SourceDay has created software that automates the purchase-order process, making it easier for companies to buy things. SourceDay's software also help manufacturers and suppliers ensure that products arrive on schedule. It has secured a total of $10.8...

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