The idea is that companies can move from scrabbling emails together to a single dashboard covering elements such as payment, regulatory documents and insurance, shipping and Customs paperwork.
TradeWindow is still in a pre-commercial phase.
The TradeWindow platform was successfully piloted by ASB Bank last year for a "shadow trade" between a Korean importer and a major Kiwi meat exporter, Greenlea Premier Meats (that is, it shadowed or tagged along as more traditional methods were used for the trade).
TradeWindow has several pilot projects underway with other Kiwi exporters in different sectors, including one with Fiordland Lobster Company, New Zealand's largest lobster exporter, the company says.
AJ Smith, who founded TradeWindow in partnership with ASB, says the new funding round is a huge vote of confidence in the potential of the TradeWindow platform.
"We have rapidly progressed the product's capabilities and now that it has been thoroughly tested and validated, TradeWindow is very close to commercial launch," he says.
"This is piquing the interest of some of the region's most experienced exporters, carriers, banks, ports and airlines."
TradeWindow uses the "blockchain" transactional database technology first developed to underpin the bitcoin cryptocurrency.
Earlier, Auckland University commercial law professor Alex Sims said blockchain's security and audit-friendly ability for all parties to transparently follow a series of transactions would push it into the mainstream.\
Sims saw blockchain becoming as ubiquitous as the internet is today.
