Virtual Facility Raises $9 Million Seed Round to Scale Alarm Triage Software
Virtual Facility raised $9 million during its seed funding round led by Camber Creek. The funds will help the company improve its cloud-based SaaS platform, Alarm Triage, which provides companies with more efficient insight into their facility operations. Exbo Group provides ongoing financial diligence support to Virtual Facility.
Other key investors included Primary and Ubiquity Ventures.
Mark Prewett, Virtual Facility’s Co-Founder and CEO, said, “We help critical facilities teams direct their attention to where it’s needed most. Every day, we hear from our customers how Alarm Triage has expedited their ability to identify the root cause of issues and mitigate operational risk. Virtual Facility provides building intelligence solutions that help institutional facilities better understand, control, predict, and reduce operational expenditures.