Tech Company Financing Transactions
UtiliData Funding Round
UtiliData closed a $60.3 million Series C venture capital round on 4/29/2025. Backers included Keyframe Capital Partners, NVIDIA and Quanta Computer.
Transaction Overview
Company Name
Announced On
4/29/2025
Transaction Type
Venture Equity
Amount
$60,300,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to rapidly scale Karman, its distributed AI platform developed in collaboration with NVIDIA, over the last four years.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
GovTech
GovTech
Mailing Address
1 West Exchange St. 5A
Providence, RI 02903
USA
Providence, RI 02903
USA
Phone
Website
Email Address
Overview
UtiliData is a control system integrator providing substation and distribution automation, SCADA, consulting, engineering, design, integration, control, automated energy conservation and energy management solutions to the electric utility industry. We serve investor-owned, public and municipal utilities and electric cooperatives.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Josh Brumberger
Chief Operating Officer
Jess Melanson
Chief Technical Officer
Marissa Hummon
VP - Engineering
Richard Marcaccio
VP - Finance
Krista Chappell
VP - Marketing
Elise Meyer
VP - Product Management
Lobsang Lama
VP - Sales
William Pratt
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