Sitetracker, a Palo Alto, Calif.-based essential project, asset, and work management platform for critical infrastructure companies, received an approx $10m investment from Energize Ventures, extending the company’s Series B financing to $34m.
Sitetracker previously closed their Series B round in August 2018, led by New Enterprise Associates (NEA) with participation from Wells Fargo Strategic Capital, National Grid Partners, and Salesforce Ventures.
This brings the total investment in the company to $45m.
Led by Giuseppe Incitti, CEO, and Tim May, CTO & Co-Founder, Sitetracker provides a platform that enables growth-focused innovators to optimize the entire asset lifecycle. From the field to the C-suite, it enables stakeholders to perfect how they plan, deploy, maintain, and grow their capital asset portfolios. Market leaders in the telecommunications, utility, smart cities, and energy industries — such as Verizon, Nokia, Fortis, Alphabet, and British Telecom — use the platform to manage millions of sites and projects representing over $19 billion of portfolio holdings globally.