Tag: Australia

Procore IPO in for prolonged coronavirus lockdown?

Procore-Aconex integration

US construction collaboration SaaS technology provider Procore planned to offer its shares on the New York Stock Exchange in the near future, but its plans could be undermined by the coronavirus pandemic. On 28 February 2020, California, US-based construction collaboration SaaS technology provider Procore filed registration documents with the US Securities and Exchange Commission relating …

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Permanent link to this article: http://extranetevolution.com/2020/03/procore-ipo-prolonged-coronavirus-lockdown/

Coronavirus, construction and software

AEC investment in IT

The coronavirus pandemic could potentially shut down construction, with a catastrophic impact upon firms and workers, many of them self-employed. How can software firms help? As just about every nation is affected by the global coronavirus pandemic, entire industry sectors are facing unprecedented shutdowns. Construction is no exception. In some instances, the shutdown has been …

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Permanent link to this article: http://extranetevolution.com/2020/03/covid-19-construction-software/

APE Mobile acquired by Damstra

Kevin Reece (APE Mobile, at DCW)

Perth, Australia-based mobile construction technology vendor APE Mobile has been acquired by another Australian firm, Damstra, for an unspecified amount. The company, originally Applied Project Experience, was founded by Matt Edwards in 2009, and initially set out to exploit the newly-launched Apple iPad tablet to support construction business processes, with APE Mobile‘s Paperless Site Software-as-a-Service …

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Permanent link to this article: http://extranetevolution.com/2020/03/ape-mobile-acquired-damstra/

RIB invests in VIM AEC

VIM graphic

Germany’s RIB has invested in north America’s VIM AEC, an augmented reality startup founded by ex Revit executive Arol Wolford. After a busy 2019 during which Stuttgart-based RIB Software made several significant investments and acquisitions growing both its geographical footprint and its product portfolio, it has started 2020 in similar style (though few details of …

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Permanent link to this article: http://extranetevolution.com/2020/01/rib-invests-revit-pioneer-vim-aec/

RIB continues M&A programme

Datapine laptop image

Germany’s RIB Software has invested in another India-based software business, bought a German business intelligence specialist, and acquired an Australian reseller. Stuttgart, Germany-based RIB Software, provider of enterprise software for the building, construction and real estate industries, has made a flurry of recent announcements, including another investment in an India-based software business, the purchase of a …

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Permanent link to this article: http://extranetevolution.com/2019/11/rib-continues-ma-programme/

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 invests in UK’s Cadline

MTWOCloud

RIB acquires a stake in the UK AEC software reseller Cadline and plans ten-fold growth of its MTWO cloud platform in 2019. RIB Software, the Stuttgart, Germany-based provider of enterprise software for the building, construction and real estate industries, has announced an investment in the UK and Holland-based software reseller Cadline to grow the market …

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Permanent link to this article: http://extranetevolution.com/2019/04/rib-invests-cadline/

Envision: building construction transparency

Envision construction data

Envision is winning new infrastructure customers, and its data-centric approach fits with data-driven visions of the future of the industry currently known as construction. Envision is expanding its reach into civil engineering projects, and even reaching outside its Australasian heartland. The Brisbane, Australia-based field construction data platform is now being used extensively on road, rail …

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Permanent link to this article: http://extranetevolution.com/2019/04/envision-building-construction-transparency/

HammerTech raises Au$10m (US$7.1m)

HammerTech homepage

HammerTech raises Au$10m (US$7.11m) to fund expansion into the US, and accelerate its product development and sales and marketing. HammerTech, the Melbourne, Australia-based mobile provider of health, safety and quality software for the construction industry, has announced completion of a Au$10 million (US$7.11m – £5.4m or €6.33m) Series A financing. The funding was led by …

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Permanent link to this article: http://extranetevolution.com/2019/04/hammertech-raises-10m/

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