# iTracs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/itracs

- Industry: Software
- Headquarters: Oak Brook, US
- Website: www.itracs.com
- Total disclosed funding: $8M
- Latest round: Series B (Nov 28, 2001)
- Investors on record: 3

## About

iTracs Corp. is a specialized provider of Enterprise Data Center Infrastructure Management (DCIM) solutions, focusing on optimizing the management of physical infrastructure across data centers and operational environments.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. The company has raised a total of USD 0.53 mn, with its latest funding round being USD 0.53 mn.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. iTRACS products are utilized in multiple geographical markets, including North America, Europe, and Asia, addressing the needs of organizations looking to enhance their infrastructure management capabilities.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. As a result of these diverse offerings, iTRACS positions itself as a provider in the data center management sector, ensuring clients achieve peak operational efficiency and reliability.iTracs Corp. plans to continue its focus on enhancing its DCIM offerings with new product developments aimed at improving infrastructure management capabilities. The company seeks to expand its market presence in North America, Europe, and Asia, leveraging recent funding to bolster these initiatives. The recent funding round will be allocated towards product development and market outreach initiatives, although specific product launch dates have yet to be announced. Following its acquisition by CommScope, iTracs is expected to align with CommScope’s strategic objectives and leverage synergies to enhance growth and innovation.

## Funding rounds

- Series B, Nov 28, 2001, $8M — Mercantile Capital Group, Jordan Industries, Qalaa Holdings

## Investors

- Mercantile Capital Group (https://capitalatlas.ai/funds/mercantile-capital-group) — Series B
- Jordan Industries — Series B
- Qalaa Holdings (https://capitalatlas.ai/funds/qalaa-holdings) — Series B