Jul 06 2021
Stuttgart, Germany-based RIB Software − since July 2020 part of French multinational Schneider Electric (post) − has announced that René Wolf will become managing director and CEO of the company with effect from 1 February 2022, succeeding Tom Wolf, who will step down as MD on 31 March 2022. René Wolf, 47, has many years of …
Permanent link to this article: http://extranetevolution.com/2021/07/rib-software-leadership-changes/
Jun 30 2021
Recently receiving US$2m in seed funding, Hong Kong-based startup viAct is aiming to use artificial intelligence (AI) to create a “zero risk” smart construction site. Founded in 2016 and based in Hong Kong, viAct has developed an artificial intelligence (AI)-based cloud platform that provides construction sites with round-the-clock visual monitoring for quality, security, safety and …
Permanent link to this article: http://extranetevolution.com/2021/06/viact-ai-powered-construction-safety/
Jun 29 2021
UK construction technology vendor Causeway plans strategic acquisitions and accelerated organic growth following £120 million Rothschild private equity injection. Causeway, the Buckinghamshire, UK-based construction technology group, has secured a £120 million (c US$166m or €139m) investment from Five Arrows Principal Investments (the European corporate private equity arm of Rothschild & Co). The company says the …
Permanent link to this article: http://extranetevolution.com/2021/06/causeway-secures-120m-expand/
Jun 23 2021
Since buying Seequent in March, Bentley Systems has added several more software businesses to its portfolio, including an India-based mobile project controls business, Nadhi, and two IoT specialists. Bentley Systems has continued to expand its portfolio in recent months. Since investing around $900m in New Zealand-based geoscience modelling software provider, Seequent (post) in March 2021, …
Permanent link to this article: http://extranetevolution.com/2021/06/bentley-systems-busy-buying-spree/
Jun 11 2021
US AEC SaaS player Procore raised over $600m in its May 2021 IPO, but its global ambitions face significant competition. In February 2020, US-based construction Software-as-a-Service (SaaS) provider Procore filed its intention to make an initial public offering of its shares on the New York Stock Exchange. But the onset of the global COVID-19 pandemic …
Permanent link to this article: http://extranetevolution.com/2021/06/reflecting-procore-2021-ipo/
Jun 09 2021
Rennes, France-based Script & Go is looking to establish itself in the UK with a new focus on the house-building sector, capitalising upon its strong experience in this sector in France. Based in Rennes in north-west France, Script & Go, previously best known in the UK for its Site Diary application (Script&Go’s Site Diary revamped …
Permanent link to this article: http://extranetevolution.com/2021/06/scriptgo-relaunch-uk-housebuilder/
Jun 08 2021
Now a subsidiary of a VC-backed Swedish ERP business, Checkd enjoyed its best ever year in 2020, and is looking to continue its 50% year-on-year growth. Since first featuring in Extranet Evolution in January 2015 (Checkd mobile checked out), the Norwegian mobile-first and Software-as-a-Service (SaaS) construction application provider Checkd has, despite BIM advances, continued to …
Permanent link to this article: http://extranetevolution.com/2021/06/checking-checkd/
Jun 07 2021
California-based Holobuilder, a pioneer in AEC 360-degree photogrammetry, has been acquired by FARO Technologies in a US$34 million deal. FARO Technologies has invested $US34 million to acquire HoloBuilder, the San Francisco, US-based 360-degree reality capture technology developer. The Florida, US-based corporation known for its 3D measurement, imaging, and realisation solutions for architecture, engineering and construction, says: …
Permanent link to this article: http://extranetevolution.com/2021/06/faro-acquires-holobuilder/
Jun 07 2021
US-based Corecon Technologies has continued upgrading its cloud-based construction estimating, project management and job cost software suite. California, US-based construction software-as-a-service (SaaS) provider Corecon Technologies has completely rebuilt its TeamLink Portal for use with its cloud-based construction estimating, project management and job cost software suite. For Corecon subscribers, the portal connects internal and external project …
Permanent link to this article: http://extranetevolution.com/2021/06/corecon-upgrades-project-team-portal/
Jun 07 2021
The Nemetschek Group has participated in a series A financing round of the fast-growing German contech startup Sablono, while also expanding its own SaaS operations. Berlin, Germany-based Sablono, described by Nemetschek as a “market leader in digital lean technology for construction enterprises”, raised €5.3 million, and plans to accelerate its international growth (read news release). …
Permanent link to this article: http://extranetevolution.com/2021/06/nemetschek-invests-sablono/
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