Sitetracker secured $42 million in Series C funding


Sitetracker, a California based company deploying, servicing, and operating critical infrastructure and technology, has now secured $42 million in funding.

Sitetracker is founded by Giuseppe Incitti. It provides a platform to deploy, operate and service critical infrastructure and technology.

The system enables the growth-focused innovators to optimize the entire asset lifecycle via a native platform inclusive of automation, Artificial Intelligence, and actionable analytics.

Executive Opinion

Scott Hilleboe, Managing Director of H.I.G. Growth Partners, said, "Sitetracker’s continued growth is a testament to their understanding of the challenges faced by their industry-leading customers, in the multi-billion-dollar critical infrastructure space. Sitetracker is uniquely positioned to tackle the business operations challenges faced by companies deploying, maintaining, and operating in industries like telecom, utilities, and alternative energy. We’re thrilled to support Sitetracker in their next phase of growth."

Energize Ventures Partner, Katie McClain, said, "It is clearer now more than ever that there are missing links within our critical infrastructure, and traditional analog industries must find solutions for remote deployment and maintenance of their assets to stay ahead of the curve. We believe it is the right time to strengthen our commitment to Sitetracker, the leading-edge solution to enable companies to operate effectively and efficiently in this new digital age."

Sitetracker's Latest Funding

The round, which brings the total funding to $92 million, was backed by HIG Growth Partners as well as Energize Ventures, National Grid Partners, New Enterprise Associates,  Wells Fargo Strategic Capital, and Salesforce Ventures.

The company, as of now, has plans to use the new funds to further accelerate its product roadmap and continued global expansion.
PC: Pixabay

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Udit Agarwal Opinions expressed by techsutram contributors are their own. More details

Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

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