PORTLAND, Maine – May 21, 2025 – VETRO, a leading provider of fiber management software, today announced a $20 million follow-on investment led by Resolve Growth Partners. Maine Venture Fund also participated in the round.
Since Resolve’s initial investment four years ago, VETRO has scaled its business by 5x – fueled by strong market tailwinds, customer growth, momentum moving up market, and expansion across the network ecosystem – including into long-haul, middle-mile, backbone, and data center networks. As a result, the company has become a magnet for top talent across the industry – attracting high-caliber leaders from direct competitors to help drive its next phase of growth.
“This is a powerful vote of confidence from a partner who knows us well – Resolve has now tripled down on VETRO,” said Will Mitchell, CEO of VETRO. “This capital allows us to accelerate our vision to power the next generation of intelligent, automated networks – at a time when connectivity infrastructure is becoming a strategic national priority for enabling the AI-driven economy.”
VETRO’s cloud-native platform enables network operators to map, manage, and monetize network infrastructure with greater precision, speed, and intelligence. VETRO turns network data into a competitive advantage – enabling automated workflows, accelerating execution, and driving faster time to revenue. VETRO democratizes fiber management by empowering any ISP, engineering firm, or network operator to execute Tier 1-grade fiber management – regardless of size or internal resources. This advantage has made VETRO the gold standard for private equity-backed network operators – streamlining operations, de-risking capex, and ultimately unlocking enterprise value.
“Since our first investment in 2021, VETRO has delivered exceptional growth, built an indispensable platform for its customers, and established itself as a key player in the most significant wave of network investment in a generation,” said Chris Rhodes, Co-Founder and Managing Partner at Resolve Growth Partners. “We have strong conviction in the company’s growth trajectory, market leadership, and product strategy – and are excited to deepen our partnership as they continue to scale their impact across the connectivity ecosystem.”
About VETRO
At VETRO, we believe visualizing data unlocks hidden potential, radically simplifying the way businesses operate and digitizing the future of connectivity. We focus on empowering network operators with unparalleled clarity and control over their fiber networks, enabling them to move faster, better, and more efficiently than ever before. Our revolutionary platform isn’t just software – it’s the physical network asset system of record, offering unprecedented visibility and control from strategic planning to daily operations. We empower our customers to bridge the digital divide at a rapid pace, unlock unforeseen opportunities, and squeeze the maximum value from their networks. Let’s illuminate the unseen, digitize the way we connect, and shape the future of connectivity, together.
www.vetrofibermap.com
About Resolve Growth Partners
Resolve Growth Partners is a growth equity firm focused on investing in and scaling vertical market software companies. Leveraging decades of operational and investing experience, Resolve partners with entrepreneurs to accelerate growth, build enduring businesses, and drive market leadership. To learn more, visit www.resolvegrowth.com .
