Category: Business/Financial

Evercam raises €8m to revolutionise reality capture market

Dublin, Ireland-based Evercam has raised a total of €8m investment to help it further grow its presence in Europe, North America, and Asia-Pacific. As previously covered in EE (read April 2020 post: Evercam : site imagery, AI and BIM), Dublin, Ireland-based company Evercam provides cameras for construction sites to provide regular feeds of images that can also …

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Permanent link to this article: http://extranetevolution.com/2022/10/evercam-raises-e8m-to-revolutionise-reality-capture-market/

Causeway acquires Yotta

Causeway acquires leading provider of connected asset management software and services, Yotta. In June 2021, Causeway, the Buckinghamshire, UK-based construction technology group, secured a £120 million (c US$166m or €139m) investment to fund strategic acquisitions and accelerate its organic growth strategy to digitally connect the construction supply chain through further development of its cloud platform (read: …

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Permanent link to this article: http://extranetevolution.com/2022/05/causeway-acquires-yotta/

Kier picks Procore platform

UK main contractor Kier Construction has selected Procore as its field and quality management solution (but not – it seems – as its corporate ‘common data environment’). According to recent articles on the CIOB-backed BIM+ website and on The Construction Index, UK contractor Kier Construction has chosen the Procore Software-as-a-Service platform as its field and …

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Permanent link to this article: http://extranetevolution.com/2022/04/kier-picks-procore-platform/

MailManager acquired by Ideagen

Mail Manager graphic

Email management services company MailManager has been acquired by compliance software business Ideagen in a deal worth nearly £30 million. The architecture, engineering and construction (AEC) sector has long been heavily dependent on email correspondence, despite the opportunity to move some communications to alternative workflow and document collaboration platforms. One business solution that thrived in …

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Permanent link to this article: http://extranetevolution.com/2022/02/mailmanager-acquired-by-ideagen/

Raildiary – industry-oriented site reporting

Raildiary screengrab

Raildiary has capitalised upon its domain experience and expertise to deliver tools specific to the needs of personnel working in a highly regulated and also intensely commercial market. Manchester, UK-based Raildiary is a railway industry-specific cloud-based data collection and reporting platform utilising mobile and web technologies. On-site data is captured in line with the UK’s …

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Permanent link to this article: http://extranetevolution.com/2022/01/raildiary-industry-oriented-site-reporting/

Planyard: Cloud-based budget management

Planyard offers one place for all project financials management, keeping everything standardised and in sync, with a real-time view of project costs.  Estonia-based Planyard is targeting contractors with a cloud-based budget management tool for contractors. Traditionally, this was a field largely managed by locally-held Excel spreadsheets. And where companies manage multiple parallel projects, there was a …

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Permanent link to this article: http://extranetevolution.com/2021/12/planyard-cloud-based-budget-management/

Reality capture, BIM and AI – Imerso, XYZ Reality and PointFuse

Nemetschek has led a financing round for Norway’s Imerso, whose platform combines reality capture, AI and BIM – areas also targeted by UK players XYZ Reality and PointFuse. Having invested in June 2021 in Sablono (post) [Update: and in July 2021 in US-based AI developer Reconstruct*], Germany-based Nemetschek Group has led a financing round  [financial …

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Permanent link to this article: http://extranetevolution.com/2021/12/reality-capture-bim-and-ai-imerso-xyz-reality-and-pointfuse/

Corecon upgrades reporting functionality

Corecon’s reporting upgrade includes new data views and APIs offering access to information across its cloud-based construction estimating, project management and job cost suite. California-based Corecon Technologies has announced a major upgrade to the reporting capabilities within its cloud-based construction estimating, project management and job cost software suite. Developed to capture information from all aspects of …

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Permanent link to this article: http://extranetevolution.com/2021/12/corecon-upgrades-reporting-functionality/

SearchLand secures seed funding

SearchLand website

Freshly seed-funded, London-based SearchLand enables property developers, architects and investors to find potential sites. London’s Digital  Construction Week may have dominated EE‘s attention this week (post), but there are interesting moves in the property technology world that potentially have a construction impact downstream. London-based proptech startup SearchLand has secured a £200,000 seed investment. Angel investors …

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Permanent link to this article: http://extranetevolution.com/2021/11/searchland-secures-seed-funding/

Previewing Digital Construction Week (DCW) in London

Causeway Live Design

The COVID-19 pandemic led to the postponement of London’s Digital Construction Week (DCW) show in 2020, and the event is finally set to take place this week at the ExCEL exhibition centre in east London on 24-25 November 2021. Among the DCW 2021 exhibitors…. 3DRepo 3DRepo have been busy lately, running their own British Information …

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Permanent link to this article: http://extranetevolution.com/2021/11/digital-construction-week-dcw-london/

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