iTracs
Latest round
- Series B
Last raised
- Nov 2001
Total raised
- $8M
Investors
- 3
About iTracs
iTracs Corp.Founded in 1987, iTracs Corp. operates out of Oak Brook, US, delivering solutions that enhance data center management. The company was acquired by CommScope, a portfolio company of Carlyle Group, in March 2013, although financial terms were not disclosed. It has successfully completed 7 deals to date, with its most recent deal occurring on March 18, 2013.iTRACS offers a comprehensive Enterprise Data Center Infrastructure Management (DCIM) solution designed to optimize the management of physical infrastructure across data centers, inside plants, and outside plants. The core functionalities of iTRACS include asset management, network connectivity monitoring, power connectivity oversight, and infrastructure performance simulation and testing. By leveraging artificial intelligence, iTRACS provides unified asset visibility, allowing users to visualize and optimize their entire infrastructure on a single platform. This solution serves a diverse client base, including data center managers and technicians in Fortune 500 companies, who require efficient management and operational optimization.The revenue generation for iTRACS is structured around a B2B model, primarily through subscriptions for its DCIM software and associated professional services. Clients engage with iTRACS by purchasing licenses for their flagship products, including iTRACS Converged Infrastructure and iTRACS Data Manager, which are tailored to meet varying operational needs in data centers and other infrastructure environments. Transactions typically involve annual subscription fees that provide access to the software along with ongoing support and updates. Additionally, iTRACS offers professional services to assist clients in implementing and maintaining their infrastructure solutions effectively.iTracs Corp. plans to continue its focus on enhancing its DCIM offerings with new product developments aimed at improving infrastructure management capabilities. Following its acquisition by CommScope, iTracs is expected to align with CommScope’s strategic objectives and leverage synergies to enhance growth and innovation.
Who invested in iTracs
3 investors across 1 round
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Funding rounds
Series B
Nov 28, 2001
Amount
$8M
Investors
Questions about iTracs
Who invested in iTracs?
iTracs has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has iTracs raised?
iTracs has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did iTracs last raise money?
iTracs's most recent round on record is a Series B, in Nov 2001.
What does iTracs do?
iTracs is a software company.
Where is iTracs headquartered?
iTracs is headquartered in Oak Brook, US.
Which VCs invest in companies like iTracs?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at iTracs's stage. Their profiles are linked below.
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