Trackforce, a San Diego, CA-based provider of physical security software and technology solutions, raised $7.4m in growth funding.
Five Elms Capital made the investment.
The company intends to use the funds to further enhance its product offering, accelerate global expansion, and expedite new feature development.
Led by CEO Guirchaume Abitbol, Trackforce is a SaaS provider of operations management tools for security guards, integrating mobile security guard management, incident reporting, workforce optimization, and field reporting.
The company’s GuardTek platform includes a combination of web-based and mobile applications to connect mobile guards, stationary guards, and security managers, to improve visibility into overall security operations.
The GuardTek software suite is currently used by more than 80,000 users at over 8,000 sites in 28 countries.
The company has over 1,000 customers including the world’s leading security guard service providers, major airports, universities, and corporations across the globe.