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Sitetracker Completes $96M In Series D Equity And Debt Financing To Accelerate Telecommunications And Energy Infrastructure Deployment

Sep 28, 2022about 3 years ago

Amount Raised

$96 Million

Round Type

series d

MontclairSoftware

Description

Sitetracker, the leading deployment operations management software for critical infrastructure providers, completed a new round of equity and debt financing totaling $96M, which will enable the company to scale its global capabilities to support renewable energy, 5G, fiber, and telecom digital infrastructure worldwide. Energize Ventures led a new round of equity funding totaling $66M, and BridgeBank, a subsidiary of Western Alliance, provided a $30M revolving credit facility.

Company Information

Company

Sitetracker

Location

Bloomfield Ave

Montclair, New Jersey, United States

About

Sitetracker is the global standard in Deployment Operations Management software. Innovative companies like British Telecom, KPN, Segra, and Chargepoint manage millions of sites and assets representing over $150 billion in portfolio holdings using Sitetracker. Our platform helps you manage the entire asset lifecycle and delivers an intelligent view of your business with best practice processes to meet current deployment demand and drive profitable growth. By providing telecommunications, utility, smart cities, and energy teams an easy-to-use cloud solution they love, Sitetracker is working to accelerate the path to digital equity and a more sustainable future.

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Funding Insights

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech