SmartEquip Raises $18M

SmartEquip, a Norwalk, CT-based provider of software solutions in parts, service, and product support for the construction equipment industry, has raised $18 million of a $20.5 million round of equity and security, according to an SEC filing. This comes after a $1.5 million Series C round SmartEquip raised in 2002, with Connecticut Innovations and Next Generation Ventures among the investors, according to Dow Jones VentureWire.

Trending on Xconomy