PSD Citywide, a prominent provider of cloud-based enterprise asset management (EAM) solutions tailored for municipalities, has recently secured a strategic growth investment from Norwest, a well-regarded global growth equity and venture capital firm. This partnership is set to significantly bolster PSD Citywide's capabilities, allowing the company to widen its presence throughout the United States and Canada.
The investment will fuel efforts in expanding their market reach and enhancing product innovation, which is crucial in meeting the evolving needs of their municipal customers. Additionally, this collaboration aims to optimize operational efficiency, ensuring that PSD Citywide can better serve its clients in managing their assets effectively.
This strategic move comes amidst growing demands for technological solutions in municipal management, where the efficiency of asset management plays a pivotal role in the service delivery of local governments. By leveraging Norwest's resources and expertise, PSD Citywide is positioned to advance its offerings and achieve sustainable growth.
The announcement was made public on October 22, 2025, by Amit Chowdhry and originally featured in Pulse 2.0.
This website uses cookies to save your preferences, and track popular pages. Cookies ensure we do not require visitors to register, login, or share any identity information.
