A new $2 million deal for a Yellowfin specialist in logistics is on the horizon, according to sources.
The deal is valued at $2,625,000 per employee, the source said.
The source added that the new deal will be announced at a press conference.
Yellowfin specializes in logistics for big-ticket items, such as furniture and apparel, for its customers, including Nike and American Airlines.
The company is also a key player in the automotive industry, with the company manufacturing its vehicles.
The latest deal, according the source, would give the company access to more than $1 billion in funding, including from investors such as Google Ventures, Goldman Sachs, Accel Partners, Morgan Stanley and Sequoia Capital.