Cablesoft Technologies Secures Additional Funding for iTRACS

Nov. 20, 2000
Cablesoft Technologies, Inc., (www.itracs.com) has obtained an additional round of institutional venture capital of $11.5 million.

Cablesoft Technologies, Inc., (www.itracs.com) has obtained an additional round of institutional venture capital of $11.5 million from Citadel Limited Partnership and funds sponsored by Jordan Industries, Inc., co-lead investors in the round. The investment will be used for the introduction of iTRACS, the first non-proprietary, real-time infrastructure tracking, reporting, and asset control system.

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