SwiftConnect Scores M Series B Funding

STAMFORD, CT, SwiftConnect today announced the closing of a $37 million Series B financing to expand its access network for connecting people to the right place at the right time.

The company’s latest investment round is led by Quadri Ventures, with participation from new investors HID (part of ASSA ABLOY), Egis Capital Partners, and Klingenstein Fields Advisors. Returning investors include Crow Holdings, JLL Spark, Navitas Capital, Tanzola Corp., and Spring Rock Capital. In addition to expanding the company’s access network, the funding will be used to scale operations, drive geographic expansion, and support new product initiatives. SwiftConnect has raised $74 million in total funding to date.

SwiftConnect is the access network for connecting people to the right place at the right time. SwiftConnect delights users with elegant ways to interact with places, spaces and things by ensuring your digital pass is on your phone, watch or anywhere it needs to be. Powering connected access experiences for commercial real estate owners and enterprises across financial and professional services, life sciences, technology, and other leading organizations, our platform integrates with existing mobile platforms, credential technologies, and business systems to provide authorized access to everything, everywhere through centralized access management.

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By VC News Daily

Source: VC News Daily


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