Category: Business/Financial

Procore acquires Honest Buildings

Procore acquires Honest Buildings, aiming to connect everyone in global construction platform. California, US-based construction management software provider Procore has announced it has entered an agreement to acquire [for an unspecified amount] New York City, US-based Honest Buildings, a provider of project management software for owners and developers. Procore says the deal will allow it …

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Permanent link to this article: http://extranetevolution.com/2019/07/procore-acquires-honest-buildings/

iAuditor from SafetyCulture

Australia’s SafetyCulture is looking to follow construction vendor Aconex as another Australia tech success story. Having written about Australian health, safety and quality solution provider Hammertech in April 2019 (see HammerTech raises Au$10m), I have been alerted to another vendor founded in Australia: SafetyCulture. Its focus is wider than construction, but it has attracted considerable …

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Permanent link to this article: http://extranetevolution.com/2019/07/iauditor-safetyculture/

Melbourne start-up Matrak attracts interest

Construction Sector Deal cover

Australian construction technology startup Matrak is attracting a lot of interest, having just raised Au$3 million in new funding. Melbourne, Australia-based construction technology startup Matrak is attracting a lot of interest, particularly after being described (by a former Aconex chairman) as the next potential Australian contech “unicorn” following the success of Aconex (acquired by Oracle …

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Permanent link to this article: http://extranetevolution.com/2019/07/melbourne-start-up-matrak-attracts-interest/

RIB buys CCS to build African base

CCS BuildSmart

RIB Software has announced the US$31.5m acquisition of a 70% shareholding in South Africa’s CCS, a cost estimation and project control software provider. The international expansion of Stuttgart, Germany-based RIB Software continues. The construction cloud technology provider has today (2 July 2019) has announced its acquisition of a 70% shareholding in South Africa’s CCS, a …

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Permanent link to this article: http://extranetevolution.com/2019/07/rib-buys-ccs-to-build-african-base/

LetsBuild BIM app targets on-site BIM adoption

Thomas Goubau

The LetsBuild BIM app aims to seamlessly link on-site activities and checks to a project’s BIM model, and is focusing on ensuring easy BiM adoption by site teams. LetsBuild, the European construction cloud technology business formed by the January 2019 merger of Belgium’s AproPlan and Denmark’s GenieBelt, is planning a BIM product launch. LetsBuild aims …

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Permanent link to this article: http://extranetevolution.com/2019/07/letsbuild-targets-site-bim-adoption/

GoReport annual revenues top £1m

Having recently secured £0.5m in VC funding, Belfast-based mobile surveying application developer GoReport says annualised revenue has topped £1m, and its looking to expand in 2019. Belfast, Northern Ireland-based mobile surveying application developer GoReport says annualised revenue has topped £1m. Turnover grew 60% in the year to 31 March 2019, and are up 128% since …

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Permanent link to this article: http://extranetevolution.com/2019/06/surveying-app-goreport-annual-revenues-1m/

Xinaps presents Verifi3D at AU London

Dutch company Xinaps demonstrated its new Software-as-a-Service BIM data validation product, Verifi3D, for the first time at Autodesk University London. Dutch company Xinaps presented its new Software-as-a-Service BIM data validation product, Verifi3D, at the Autodesk University event in London (18-19 June 2019). While Verifi3D is set to be officially launched at Autodesk University in Las …

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Permanent link to this article: http://extranetevolution.com/2019/06/xinaps-presents-verifi3d-au-london/

RIB buys into US building spec vendor BSD

Melville, Anderson, Wolford

RIB Software invests US$42m to acquire 60% of USA-based BSD (Building Systems Design), strengthens its estimating and product data technologies, and gets a bridgehead in north America. RIB Software, the Stuttgart, Germany-based provider of cloud-based technologies for the construction and real estate industries has invested US$42m to acquire 60% of the Atlanta, USA-based BSD (Building …

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Permanent link to this article: http://extranetevolution.com/2019/06/rib-buys-into-us-building-spec-vendor-bsd/

Script&Go’s Site Diary revamped

Site Diary

A mobile application acquired from Appear Networks by France’s Script&Go in 2016, Site Diary has been revamped and given a new brand identity as it seeks to expand UK adoption of the solution. The French company announced its plans to grow a UK presence in early 2018, and 10 months later had offices in London …

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Permanent link to this article: http://extranetevolution.com/2019/05/scriptgos-site-diary-revamped/

TonicDM competes in PIM space

TonicDM logo

AECbytes‘ Lachmi Khemlani has written an interesting and detailed review of a US-developed Software-as-a-Service project information management solution (PIM) called TonicDM. (She distinguishes between PIM and project management solutions, such as Oracle Aconex, Procore, etc: “The basic difference is that PIM manages the large volumes of information associated with a project, whereas PM manages the …

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Permanent link to this article: http://extranetevolution.com/2019/05/tonicdm-competes-pim-space/

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