SwiftConnect Raises $37 Million in Series B Financing with Egis Capital Partners

SwiftConnect, a company focused on digitizing and advancing access control systems, has successfully raised $37 million in a Series B funding round. The investment was led by Quadri Ventures and saw participation from new investors including HID, Egis Capital Partners, and Klingenstein Fields Advisors, along with returning investors such as Crow Holdings and JLL Spark. The funding will enable SwiftConnect to enhance its access network, scale its operations, and launch new product initiatives, with a focus on expanding its geographic footprint. SwiftConnect has positioned itself as a leader in seamlessly integrating digital access management with existing physical and logical systems. It allows users to access various places and resources through mobile devices, paving the way for a new era in connected identity management. Egis Capital Partners, an investor in this round, highlights this as their fourth venture into the access control space, underscoring their confidence in SwiftConnect's potential and proven technological prowess.