Connectivity marketplace platform Connectbase raised $21 million in its Series C funding round, led by DigitalBridge Ventures, the InfraTech initiative of DigitalBridge Grou, Inc. Connectbase secured the equity investment to drive growth of its platform, fueled by the increasing global appetite for bandwidth. All existing Connectbase investors participated in the funding round, including Ascent Venture Partners, Harbert Growth Partners, Nauta Capital and Osage Venture Partners.
Led by founder and CEO Ben Edmond, Connectbase is a marketplace that enables connectivity service providers access to a leading 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. Connectbase digitizes and transforms the experience to enable buyers to directly connect to their ecosystem of service providers at scale.
The latest funding will be used to enhance the company’s Connected World platform capabilities, expand digital services into more global markets and grow its team – including its go-to-market organization. Connectbase also will also expand 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.