MEMPHIS, Tenn., March 16, 2017 /PRNewswire/ -- The Seam, a commodities trading and agribusiness software provider, today announced it is expanding operations in the Memphis area and will move to 3400 Players Club Parkway, part of the Southwind Office Plaza. The transition comes after the company's announcement in January that it is working with IBM and cotton industry leaders to create a blockchain-based ecosystem for global trading and field-to-fabric supply chain innovations.
"Our company continues to evolve, as technology increasingly becomes a vital part of our business strategy, and we're excited to make this move to a modern campus," said Mark Pryor, Chairman and CEO of The Seam. "To truly be successful in software, you have to understand the business problem through close collaboration. The new facility has breakout rooms and a training/classroom space that will allow us to host customers and industry partners here in Memphis on a regular basis."
WHAT: The Seam: Expanding Globally, Operating Locally
A Ribbon-Cutting and Open House
WHEN: April 5, 2017 at 4:00 p.m.
WHERE: 3400 Players Club Parkway, Suite 210, Memphis, TN 38125
EVENT INFO: Join Greater Memphis Chamber President Phil Trenary, representatives from the offices of City of Memphis Mayor Jim Strickland and Shelby County Mayor Mark Luttrell, and various cotton, peanut and other commodity industry leaders, as The Seam celebrates its expanding agritech and fintech operations. Hors d'oeuvres and refreshments will be served.
About The Seam
The Seam was founded by leading global agribusiness companies and specializes in commodity trading and management systems. In December 2000, it began operating the world's first completely online, anonymous exchange for cotton trading. Since that time, the company has leveraged its software and application development expertise to expand into other commodity segments, including peanuts and grains. As a proven leader in the agritech space, The Seam has cleared or processed more than $8 billion through its platforms. For more information, visit www.theseam.com.
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SOURCE The Seam