Connectbase Raises $21 Million in Series C Funding
Funding to enhance platform capabilities, fuel global digital services expansion and build out go-to-market capabilities
Led by Founder and CEO
The latest funding will be used to enhance the company's
"Buying and selling network connectivity has been a slow, manual and labor-intensive process for far too long, impacting the customer experience, profitability and growth of the market," said Edmond. "We launched Connectbase to solve that pain point by bringing together automation, location intelligence and an ever-expanding connected ecosystem. As a partner to the connectivity ecosystem, we help service providers execute the right deals, with trust and confidence, faster than ever."
Connectbase has earned a spot on the Inc. 5000 list as one of the fastest-growing private companies in America two years running. The company was also named to Inc. magazine's annual list of the Best Workplaces for 2021. Other recent accomplishments include:
- Serving 28 of the top 30 network operators in the U.S. market
- Over 30,000 users of the platform
- Over 11,000 network operators profiled around the world with location-specific insight into the last mile
- Over 1.7 billion sites globally with network intelligence, curated and built with insights across over 80 billion updates monthly
- More than
$10 billion in quoted connectivity in the past year, with platform growth over 100% in quote volume annually
Connectbase is The Industry Cloud for Connectivity. Connectbase is a partner to the industry, enabling next generation buying and selling of connectivity including automated quoting and providing deep, trusted insights, and a connected ecosystem transforming network buying and selling processes. Connectbase's industry leading platform serves almost 300 providers globally managing 1.7 billion locations in over 150 countries. Visit Connectbase at www.connectbase.com and follow us on LinkedIn at https://www.linkedin.com/company/connectbase-us/.
DigitalBridge Group, Inc. (NYSE: DBRG) is a leading global digital infrastructure investment firm. With a heritage of over 25 years investing in and operating businesses across the digital ecosystem including cell towers, data centers, fiber, small cells, and edge infrastructure, the DigitalBridge team manages a $48 billion portfolio of digital infrastructure assets on behalf of its limited partners and shareholders. Headquartered in Boca Raton, DigitalBridge has key offices in New York, Los Angeles, London, and Singapore. For more information, visit: www.digitalbridge.com.
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SOURCE Connectbase
Connectbase, Jaymie Scotto & Associates (JSA), +1 866.695.3629 ext. 19, jsa_connectbase@jsa.net; DigitalBridge, Jon Keehner / Aura Reinhard, (212) 355-4449, DBRG-jf@joelefrank.com