Data Wave
May 14, 2018

Ben Franklin Technology Partners – Orbweaver Wins Innovation Award

We are pleased to announce that Orbweaver Sourcing will be honored in the category, Incubator Graduate, on May 22nd in Bethlehem, PA.

The winner in this category demonstrates Ben Franklin business incubation. The business operates skillfully and confidently, meeting all challenges, from the development of product concept to the execution and successful operation, graduating successfully from the incubator.

Orbweaver’s Contribution to the Technology and Electronics Industry:

Orbweaver is the first and only provider of complete, real-time supply chain integration solutions for the electronics manufacturing industry.

The Orbweaver platform simplifies the procurement and purchasing cycle by improving visibility, communication, and productivity across the entire supply chain. The solution seamlessly integrates with enterprise procurement workflows to securely collect, translate, and distribute electronics data, RFQs, and purchase orders in real-time.

Orbweaver began their relationship in Ben Franklin TechVentures in 2013 with two employees. Ben Franklin invested in the company over four years and by 2016, Orbweaver had outgrown the incubator with 13 full-time employees and three contractors.

Orbweaver now has a robust client roster that includes industry leaders and has raised a substantial follow-on funding to complement the Ben Franklin investment.

More than 450 business and community leaders attended the Ben Franklin iXchange Event last year, in 2017. This year, winners of the Ben Franklin awards will be honored at:Ben Franklin iXchange EventTuesday, May 22nd at 5:00 pmThe Zoellner Arts Center at Lehigh University

Orbweaver is the only automation solution developed specifically for the electronics industry, by industry professionals, to address the specific needs of manufacturers and distributors.

Learn more about the Orbweaver platform

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