Smart city and urban infrastructure services provider Quantela has raised about $40 million (nearly Rs 300 crore) from Digital Alpha to fund new projects and acquisitions.
Company Information
Company
Quantela
Location
Erie, Colorado, United States
About
The company said it had signed a $20 million project for traffic management in Kerala to enable the state to reduce road fatalities by improving traffic rule enforcement. Headquartered in the US, with a presence in Europe and Asia, Quantela has over 100 smart city deployments around the world.
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Erie