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Delayed · 11:48 UK

Citiri secures investment from RCP Equity

Citiri has announced that it has received a Series A investment from Pensacola-based RCP Equity, the company said.

The funding will help Citiri accelerate the expansion of its go-to-market team to scale up for what is expected to be an increasing number of new airport and transportation improvement projects, driven in part by the COVID-19 emergency, the need for greater stakeholder involvement in the commissioning and pre-commissioning process, and increasing pressure to hold down costs as construction budgets are expected to tighten.

Citiri, Inc. is an Atlanta-based provider of Operational Readiness software for construction owners. The company´s cloud-based software provides a comprehensive, transparent platform that automates time-consuming manual processes traditionally used to activate and handover complex construction projects.

Published by Financial News