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Short Take: Electron Economy gets $70 million infusion

Softbank and Flatiron Partners were among a group that invested $70 million in business-to-business firm Electron Economy, the company announced. Electron Economy helps link e-commerce companies' manufacturing, distributing and logistics operations together via the Internet. Other investors in Electron Economy's second round of funding were Chase Capital Partners and Crosspoint Venture partners. Executives from Flatiron and Softbank will join Electron Economy's board of directors.

Softbank and Flatiron Partners were among a group that invested $70 million in business-to-business firm Electron Economy, the company announced. Electron Economy helps link e-commerce companies' manufacturing, distributing and logistics operations together via the Internet. Other investors in Electron Economy's second round of funding were Chase Capital Partners and Crosspoint Venture partners. Executives from Flatiron and Softbank will join Electron Economy's board of directors.