Cityworks streamlines the way government agencies manage public infrastructure and property by combining the power and flexibility of a Geographic Information System (GIS) with the business logic of asset management, permitting, licensing and more. Recognizing the Esri geodatabase as an authoritative system of record for land and asset data, Cityworks elevates Esri’s ArcGIS location platform specifically to manage workflow, schedule resources and prioritize activities, saving time, optimizing communication and improving operational efficiency. Time-tested and proven technology, Cityworks is empowering GIS at more than 500 organizations around the world. For more information on Cityworks and their software solutions visit www.cityworks.com.
About Polaris Partners
Polaris Partners invests in exceptional technology and healthcare companies across all stages of their life cycles. With offices in Boston, San Francisco, and Dublin, Polaris partner globally with an unparalleled network of repeat entrepreneurs, top scientists, and emerging innovators who are making significant contributions in their fields and improving the way in which we live and work. Polaris has funded over 250 companies and has over $4.0 billion under management. For more information on Polaris Partners and their portfolio visit www.polarispartners.com.
About Madison Park Group
Madison Park Group is an investment banking firm that blends 25+ years of investment banking and operating experience in enterprise software & SaaS, digital media and tech-enabled services. MPG has closed 140+ M&A and fundraising transactions for a range of VC-backed and founder-owned technology companies.
Sandy, UT – 11 October, 2016 – Madison Park Group, a leading technology-focused investment bank, today announced that its client, Cityworks, the leading provider of Geographic Information System (GIS)-centric public asset management platform, has received growth funding from Polaris Partners.
As the pioneer in GIS-centric infrastructure management, Cityworks provides the industry's most comprehensive suite of public infrastructure and property management tools. Cityworks has seen considerable growth in recent years with a focus on customer success and is poised to capitalize on the industry’s burgeoning shift towards GIS. Cityworks was highlighted in Gartner’s 2015 Market Guide for North American Local Government IT Solutions.
Madison Park Group’s Jeff Nolan and Michael Magruder advised Cityworks on the transaction. Jeff commented:
“The Cityworks team has built a highly valuable business by maintaining a razor-sharp focus on customer success. Their dedicated focus on the GIS-centric approach has paid off in a massive way and we believe will become the market standard in short order. The team’s insight and product vision put them ahead of the curve and has been a huge part of the value the business has created to date.”
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