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Connectbase Raises $21 Million

Funding the Future of Network Connectivity

Connectbase has raised $21 million in its Series C funding round, led by DigitalBridge Ventures. 

“Connectivity is the lifeblood of our digital economy. Connectbase provides an industry-leading data platform that is being built to transform how connectivity is bought and sold across the globe.” – Alexandre Villela, Head of Ventures at DigitalBridge

Connectbase’s SaaS-based marketplace enables connectivity service providers access to the industry’s leading location data platform and associated workflows. The platform, The Connected World, 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 funding will enhance and advance the company’s Connected World platform, globally.  

“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.” – Ben Edmond, Founder and CEO of Connectbase. 

The latest funding round comes as the company archives significant milestones. 

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

 

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