Daupler Secures $15 Million Series B Funding to Transform Utility Incident Response Management
Daupler Secures $15 Million in Series B Funding
Daupler, a leader in response management solutions for utilities and municipalities, has announced successful closure of a $15 million Series B funding round. Led by Aqualateral, a New York City-based multi-asset investment vehicle focused on water technologies, this investment also saw participation from existing investors such as Burnt Island Ventures and KCRise Fund.
This new funding will enable Daupler to leverage artificial intelligence (AI) for data analysis and automate field operations, thus expanding its client base within the electric utility market and supporting international growth in the UK and EU sectors. This capital comes at a defining moment for the company, allowing it to enhance how clients manage service disruptions and emergencies through real-time response tools.
Transforming Utility Operations
According to Jiten Manglani, chief information officer at Aqualateral, the goal is to invest in transformative solutions that empower communities to become more resilient amid growing water and climate challenges.
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