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O.C. BUSINESS PLUS | ORANGE COUNTY BRIEFLY

FieldCentrix Raises $23 Million to Grow

August 22, 2000

FieldCentrix, an Irvine wireless, Internet-based software company, said Monday that it has raised $23 million in venture capital to support its continued expansion into new markets, including electrical, utilities, property management, and heavy equipment and materials handling.

In addition, the company plans to move aggressively into international markets.

Grainger Technology Partners, a new investor, and Sigma Partners, an existing one, were lead investors. The Grainger investment is part of a strategic relationship including financial, business and development alliances. TMCT Ventures, another new partner, also participated.

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