Enterprise IT Startup SiteTraker Raises $11 Million

SiteTraker closed $11 million in Series A financing. Two investors contributed to the round, among them New Enterprise Associates.

SiteTraker aims to be a leading provider of enterprise-grade, cloud-based, project collaboration management solutions for wireless telecommunication projects and their associated business processes. The company’s advanced reports and dashboards platform provide instant, real-time access to KPIs that allow organizations efficiently to make strategic decisions based on accurate, real-time information. SiteTraker is architected to manage large portfolios of complex projects that can be delivered by distributed teams of mobile workers.

The company revealed that proceeds from the financing will be used to accelerate the SiteTraker program and asset management platform roadmap, deepen customer engagement, and continue market expansion.