Sitetracker 42m Seriessawersventurebeat
Sitetracker, a multi-site mission management platform designed to track and achieve critical infrastructure projects, has higher $42 million in a successions C round of backing co-led by H.I.G. Growth Partners and Energize Ventures.
Created out of Palo Alto in 2013, Sitetracker enables firms covering areas like utility, telecom, and electric vehicles (E.V.s) to remotely deploy and maintain all their physical assets remotely, gleaning real-time data and insights finished reports and dashboards.
It is partly enabled by Salesforce’s AI-powered Einstein Analytics, which mines historical data to serve predictive insights. It allows Sitetracker clientele to establish more accurate estimates for each milestone and project completion date, for example, founded on market conditions, jurisdictions, vendors, and more. Sitetracker mixes with third-party enterprise platforms, crossing data warehouses, accounting, CRMs, ERPs, and more.
About Sitetracker
Sitetracker, Inc. remains the global standard for deploying, working and servicing critical infrastructure and technology. Also, The Sitetracker Platform allows growth-focused innovators to enhance the entire asset lifecycle finished native platform inclusions like A.I., automation, and actionable analytics.
Although, Sitetracker enables stakeholders to optimize their strategy, and deploy, maintain, and produce their capital asset portfolios from the field to the C-suite. Also, Market leaders in the communications, alternative energy, and utility trades — such as Ericsson, Fortis, Google, British Telecom, and Vodafone — trust Sitetracker to manage millions of sites and projects on behalf of over $25 billion of portfolio holdings globally. For added information, visit www.sitetracker.com.
Sitetracker Secures $42 million in Series C funding.
- Sitetracker is the global leader in arrangement, operations, maintenance, and asset management software for critical organization and technology providers
- Led by H.I.G. Growth Partners and then Energize Ventures, Sitetracker’s Series C comprises participation from all recurring investors plus new strategic partners
- Sitetracker will use this round of assets to accelerate the company’s product roadmap, solution delivery capabilities, and global expansion
Although, PALO ALTO, Calif — Sitetracker, the global standard for deploying, working, and servicing critical infrastructure and technology, proclaimed $42 million in additional funding today. Also, The round remained led by new investor H.I.G. Growth Partners and returning investor Energize Ventures with follow-on investment from all other recurring investors, including New Enterprise Associates (N.E.A.), Wells Fargo Strategic Capital, National Grid Partners, Salesforce Ventures, and others.
Although, Original investors participating in addition to H.I.G. Growth Partners comprise Energy Impact Partners (EIP), Telekom Innovation Pool (T.I.P.), Clearvision Ventures, and others. Also, this round of financing brings the total asset of Sitetracker to $92 million. And the investment will accelerate Sitetracker’s creation roadmap and continued global expansion.
About H.I.G. Growth Partners
H.I.G. Growth Partners remains the dedicated development capital investment arm of H.I.G. Also, Capital, a leading global other investment firms with $43 billion in equity capital under management. Also, H.I.G Growth seeks to make together majority. And minority investments in high-growth companies in North America, Europe, and Latin America.
Although,H.I.G Growth Partners considers investments in all industries but focuses on high-growth sectors with wide in-house expertise, such as technology, healthcare, internet and media, consumer crops, and technology-enabled financial and business services.
Although, H.I.G Growth works closely with its management teams to help as an experienced resource, offering broad-based strategic, operational, recruiting. Also, And financial management services from a large in-house team and a large network of third-party relationships. Please mention the for more information. H.I.G. website at www.HIGgrowth.com.
How Much Money Has Sitetracker Raised?
Including a $10 million series B investment in 2019, Sitetracker received $45 million. Also, most recent increase coincides with President Biden’s announcement of a $2 trillion plan to restore the nation’s infrastructure using sustainable energy, covering green areas, water systems, electrical grids, and more. Stages like Sitetracker are in a strong position to expand as a result.
According to Incitti, “the Biden plan, and similar initiatives around the world. Will drastically expand the volume of wind, solar, E.V. charging stations. And battery installations, as well as the number of people needed to bring these projects to reality. Also,”Sitetracker is uniquely positioned to operate as a vehicle to ensure infrastructure operators can deploy swiftly and affordably to meet their aims. Also, And a competitive edge to those enterprises wishing to hire and build their personnel base methodically,” says the company.
Although, The firm expects to accelerate its worldwide growth and product pipeline with an additional $42 million in the bank. Also, Which comprised investments from Salesforce Ventures, New Enterprise Associates (N.E.A.), National Grid Partners, and Wells Fargo Strategic Capital.
40m Series 46msawersventurebeat
A consent flow management service is offered to web publishers and app developers. With Elephant and Breega leading the round, Didomi has raised $40 million in Series B financing. Didomi plans to expand into the United States through the funding round announced today, where billions of consent interactions are already taking place each month.
We founded Didomi with Jawad, Raphael, and myself as co-founders to make privacy easier for everyone and make it an obvious choice for businesses. In a statement, co-founder and CEO Romain Gauthier said that the fundraising was a significant milestone on the journey to accomplish this mission.
Mcafee Technology Group 4bsawersventurebeat
Mcafee Technology Group 4b information was the most searched on VentureBeat. Sawers wrote this article on VentureBeat.com. According to VentureBeat, McAfee announced that it had acquired Canada-based virtual private network (VPN) company TunnelBear. The terms of the deal remained not disclosed.
Founded in 2011, Toronto-based TunnelBear has gained a solid standing for its fun, cross-platform VPN app that uses quirky bear-burrowing cartoons to bring online privacy to the masses. The company claims around 20 million people take to use its service across mobile and desktop, while a few months back, it branched out into password management with the launch of the standalone RememBear app.
62m Series Iconiq Growthsawersventurebeat
Reprise is a platform used by software companies such as Cloudera and ZoomInfo to create product demonstrations, and tours have raised $62 million in a series B round of funding. The adage that every company is now a software company is perhaps more true today than ever.
Still, sales and marketing teams face a significant challenge in bringing new customers on board in a competitive landscape where the end-user has several options. Reprise enters the fight with a platform that lets anyone create a customised product tour of their browser-based software without creating dedicated testing environments filled with dummy data.
Reprise customers can arrest an exact copy of their screen using a Chrome browser extension, then sequence and connect them to highlight specific features. It can also include entire user interaction, such as clicking on buttons and interacting with the replica product when prompted by on-screen overlays — for example, Cloudera uses Reprise to guide prospects around its platform.
Ilobby 100m Partners Aisawersventurebeat
Paul Sawers / VentureBeat:iLobby raises $100M from Insight Partners to help enterprises manage on-site visitors. Including mail management that uses AI to streamline package handlingEnterprise-focused visitor management software provider iLobby has raised $100 million in a round of funding from Insight Partners.
The new investment is the first private raise for the Toronto-based company, which has been growing 100 per cent yearly for the last several years and is profitable, said CEO Ariel Mashiyev. “We wanted an investor who could help us scale,” Mashiyev said. “We are doing amazing at what we do, and we wanted investors that are good at helping companies grow.”
Conclusion Of Sitetracker 42m Seriessawersventurebeat
Although, The platform is designed to replace legacy systems that have been “Frankenstein together,” as Sitetracker C.E.O. Also, Giuseppe Incitti put it, and can’t effectively cope with project variety and volume challenges. Sitetracker 42m Seriessawersventurebeat
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