Invenergy, National Grid, Salesforce, Wells Fargo and Deutsche Telekom participated in the asset-tracking software developer’s latest round, which brought its total funding to $92m.
US-based asset-tracking software developer Sitetracker has raised $42m in a series C round co-led by Energize Ventures, an investment arm of power producer Invenergy, and growth equity firm HIG Growth Partners.
Electricity distributor National Grid, enterprise software provider Salesforce, financial services firm Wells Fargo and telecommunications firm Deutsche Telekom took part in the round through respective subsidiaries National Grid Partners, Salesforce Ventures, Wells Fargo Strategic Capital and Telekom Innovation Pool.
The round was filled out by New Enterprise Associates (NEA),…
