Software firm ESpace Networks wraps up Series A round

In conjunction with the new investment, Rupert Pearce, former CEO of Inmarsat, will join the board of directors as chairman.

  • Also, Walé Adepoju, founder of IMDC, will also join the board
  • Based in Alexandria, Virginia, Columbia Capital targets the digital infrastructure, enterprise technology, and mobility sectors
  • To date, Columbia Capital has raised over $5 billion of fund commitments

Florida-based ESpace Networks, a software company, has closed its Series A round after securing a $10 million investment from Columbia Capital.

The funding will further advance ESpace Networks’ leadership enabling customers to intelligently manage connectivity for moving things.

In conjunction with the new investment, Rupert Pearce, former CEO of Inmarsat, will join the board of directors as chairman. Also, Walé Adepoju, founder of IMDC, will also join the board.

“We believe ESpace Networks’ solutions allow customers to take full advantage of a generational shift in the satellite connectivity market,” said Monish Kundra, a partner at Columbia Capital in a statement. “We couldn’t be more excited to back the ESpace Networks team as they continue to scale the business and address this rapidly growing market need.”

Based in Alexandria, Virginia, Columbia Capital targets the digital infrastructure, enterprise technology, and mobility sectors. Columbia Capital was founded in 1989. To date, Columbia Capital has raised over $5 billion of fund commitments.