$48M Raised to Connect Buyers and Sellers of Connectivity Across the Globe

I interviewed Ben Edmond, founder and CEO at Connectbase. Ben started his career in sales and product management in the telecom arena. He made the leap from employee to SaaS founder in 2015.

His company is connecting buyers and sellers of fiber and connectivity across the globe.

Connectbase, a Westborough, MA-based connectivity marketplace platform, announced that it raised $21 million in its Series C funding round led by DigitalBridge Ventures, the InfraTech initiative of DigitalBridge Group, Inc.

All existing Connectbase investors participated in the funding round, including Ascent Venture Partners, Harbert Growth Partners, Nauta Capital, and Osage Venture Partners.

Connectbase secured the new equity investment to drive the growth of its platform, fueled by the increasing global appetite for bandwidth. The latest funding will be used to enhance the company's Connected world platform capabilities, expand digital services into more global markets and grow its team—including its go-to-market organization.

• $48M total capital raised
• Staff of 82 in the Boston area and remote
• #1220 on the Inc 5000 list
• 500%+ three-year growth per Inc 5000
• PMF, crossing 10M ARR, major customers helped in Series C raise
• Luck favors the prepared; educate first go-to-market strategy
• 18 staff in Sales

Ben Edmond’s LinkedIn: https://www.linkedin.com/in/benjaminedmond/

SaaS Fundraising Story: https://www.thesaasnews.com/news/connectbase-raises-21-million-in-series-c