Ubicquia Completes $30 Million Series C Funding Round

Sep 09, 2020•almost 5 years ago

Amount Raised

$30 Million

Round Type

series c

Ft. Lauderdale

Description

Ubicquia®, a global leader in smart city, small cell and smart grid solutions that make cities smarter, safer and more connected, has announced it has completed its $30 million Series C funding round with participation from Florida-based Fuel Venture Capital and existing investors. The Series C growth investment is focused on accelerating Ubicquia’s small cell and smart grid product offerings, along with increasing its working capital to address expanded manufacturing and order volumes.

Company Information

Company

Ubicquia

Location

Ft. Lauderdale, Florida, United States

About

Ubicquia offers municipalities, utilities and mobile operators a cost-effective and expandable platform for deploying smart city, broadband and small cell services. The Ubi suite of product lines include Ubicell™, Ubihub™ and Ubimetro™ which are NEMA socket-compliant and compatible with more than 360 million street lights globally, as well as Ubigrid™, which provides advanced utility monitoring and grid stability for a large class of utility devices from the substation to the meter. Ubicquia is actively involved in organizations, including the US Conference of Mayors Business Council, GSMA, Competitive Carrier Association, CBRS Alliance, and Illuminating Engineering Society to help drive efforts to make global smart connectivity a reality. To learn more about how Ubicquia can make your city simply connected and simply smart, visit www.ubicquia.com or follow us on Twitter and LinkedIn.

Related People

Funding Insights

Based on industry data

Tech investment trends

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