Increases in demand and deepening investment are heralding a new era for critical infrastructure. Competition is reaching new levels across industries like telecom, utilities, and alternative energy, but leaders are emerging. The pattern we are seeing amongst the winners: no matter their industry, they have taken the leap to adopt best in class software and implement new processes to help deploy, operate, and maintain their assets and technologies.
We are excited to be the solution that is empowering the next generation of critical infrastructure companies around the world. Our latest round of funding, combined with our growing team across the globe, has us geared up to keep our customers in telecom, utilities, alternative energy, and other critical industries on a winning trajectory.
So, today we are excited to announce a $42 million Series C funding round co-led by new investor H.I.G. Growth Partners as well as returning investor Energize Ventures, with follow-on investment from all returning investors, including New Enterprise Associates (NEA), National Grid Partners, Wells Fargo Strategic Capital, Salesforce Ventures, and others. New participants in addition to H.I.G. Growth Partners include Energy Impact Partners (EIP), Clearvision Ventures, and others.
Read our entire Series C funding announcement press release here.
This brings the total venture capital investment in Sitetracker to $92 million, but the value of accumulated sweat and love that our employees have poured into developing and delivering the Sitetracker platform is immeasurable. The level of our teams’ care for Sitetracker’s customers deserves a round of applause and couldn’t make me prouder. It is amazing what an organization filled with the highest quality of dedicated and passionate individuals working together can accomplish.
Thank you to customers
At the heart of everything we do are our customers. Each and every one of you has been instrumental to our success and growth. Through close partnerships, referrals, feedback, and support – you’ve helped us elevate our product and services, and I am excited to continue our journey together. We can’t wait to deliver more game-changing software into your hands and to help you elevate your companies’ operational efficiency.
To our future customers
For those of you who aren’t our customers yet, the opportunity to find operational excellence is now. If you want to deploy and maintain your critical infrastructure assets with the leading SaaS platform in critical infrastructure, we want to talk.
Awaiting you are our team of industry experts plus out-of-the-box features like Trackers, Sitetracker Mobile, and Intelligent Project Templates – not to mention newly released features, including machine learning and Sitetracker for the Field. Our customers benefit every day from faster project completion, improved resource allocation, and decreased cycle times, and you can too.