Vetro Closes $7M Capital Raise
Summary
Vetro, a Portland, Maine-based provider of an cloud-native fiber management system, raised $7M in Growth funding. The round was led by Resolve Growth Partners and Maine Venture Fund. Led by CEO Will Mitchell, Vetro provides a map-based SaaS platform that makes it faster for broadband providers to plan, design, build, and operate their fiber optic networks. The company optimizes the business value of networks by simplifying the digitization, data visualization, and management of fiber assets through a precise system of record for network operators. The system enables network operators and ISPs to benefit from a modern, integrated, and connected digital hub for their physical network assets.
Funding
Amount
$7.0M
Total raised
Date
March 22, 2023
Announcement date
Investors
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Lead investors
Company
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Funded company
Classifications
industries
No industries detected
applications
No applications detected
AskAI Classifications
Labels
SaaS
Fiber Network Management Software
GIS Software
Linked Companies
VETRO
$10M to $25M