Connectbase Raises $21M in Series C Funding

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Connectbase, a Boston, MA-based provider of a connectivity marketplace platform, raised $21M in Series C funding.

The round was led by DigitalBridge Ventures with participation from Ascent Venture Partners, Harbert Growth Partners, Nauta Capital and Osage Venture Partners.

The company intends to use the funds to enhance its Connected World platform capabilities, including its plan-to-order workflow capabilities to drive integration and insight for service provider users and to launch its new user interface to further enhance the user experience, expand digital services into more global markets, and grow its team – including its go-to-market organization.

Led by CEO Ben Edmond, Connectbase is a marketplace that enables connectivity service providers access to the industry’s location data platform and associated workflows. The platform enables network sellers to connect, automate and price to drive growth, and the platform enables buyers to find new partners, connect and automate their quoting and ordering processes with insight. The company digitizes and transforms the experience to enable buyers to directly connect to their ecosystem of service providers at scale.

The platform serves almost 300 providers globally managing 1.7 billion locations in over 150 countries.

FinSMEs

13/10/2022