GoExpedi, a Houston-based supply chain company for the oil-and-gas sector that's aiming to be "Amazon for the energy industry" has raised $8 million in Series A funding.

Why it matters: The e-commerce company for maintenance, repair and operations — and their new cash — is a sign of how business practices in the booming shale sector are evolving as U.S. production surges.

Details: Crosslink Capital, alongside Bowery Capital, Blue Bear Capital, Hack VC, and SaaS Ventures led the funding round.

  • It comes after a smaller seed round last July for the company, which started 2 years ago and now has roughly 20 customers including a major drilling contractor.

What's next: In addition to expanding its business, the company says the money will allow it to enhance its platform and analytics abilities by "creating a real time dashboard to do predictive work in addition to reactive maintenance."

  • While the company's business is now largely focused on the shale patch, CEO Tim Neal told Axios they're looking to expand in multiple directions — geographically and to other sectors like wind.

What they're saying: “The energy logistics industry is a $1.7 trillion market worldwide, yet still operates from old school catalogues and phone orders,” Crosslink partner Matt Bigge said in a statement. He said GoExpedi's tech and expertise can help modernize the sector.

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What to expect from the final debate of the 2020 election

Trump and Biden at the first debate. Morry Gash-Pool/Getty Image

Watch for President Trump to address Joe Biden as “the big guy” or “the chairman” at tonight's debate as a way of dramatizing the Hunter Biden emails. Hunter's former business partner Tony Bobulinski is expected to be a Trump debate guest.

The big picture: Trump's advisers universally view the first debate as a catastrophe — evidenced by a sharp plunge in Trump’s public and (more convincingly for them) private polling immediately following the debate.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Chris Christie: Wear a mask "or you may regret it — as I did" — Senate Democrats block vote on McConnell's targeted relief bill.
  2. Business: New state unemployment filings fall.
  3. Economy: Why the stimulus delay isn't a crisis (yet).
  4. Health: FDA approves Gilead's remdesivir as a coronavirus treatment How the pandemic might endMany U.S. deaths were avoidable.
  5. Education: Boston and Chicago send students back home for online learning.
  6. World: Spain and France exceed 1 million cases.

FBI: Russian hacking group stole data after targeting local governments

FBI Headquarters. Photo: Mark Wilson/Getty Images

Energetic Bear, a Russian state-sponsored hacking group, has stolen data from two servers after targeting state and federal government networks in the U.S. since at least September, the FBI and Cybersecurity and Infrastructure Security Agency said on Thursday.

Driving the news: Director of National Intelligence John Ratcliffe announced Wednesday that Iran and Russia had obtained voter registration information that could be used to undermine confidence in the U.S. election system.