Tag Archive: funding

Sep 27 2016

Finalcad raises €20m Series B funding

Showing once again that there is a lot of investor interest in mobile-oriented construction collaboration platforms, Paris-based Finalcad has announced that is has secured €20m (US$22.4m or £17.25m) Series B funding to help finance its international development ambitions. FinalCad was established in France in 2011 and started to grew domestically following adoption by several major clients, …

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Permanent link to this article: http://extranetevolution.com/2016/09/finalcad-raises-e20m-series-b-funding/

Sep 16 2016

Geniebelt raises €2m funding

TechCrunch reports that Copenhagen, Denmark-based construction Software-as-a-Service vendor GenieBelt has secured €2 million in new investment to ramp up marketing for its platform. TechCrunch says the round was led by Danish Solar A/S, a publicly listed European sourcing and services company operating within the electrical, heating and plumbing, and ventilation technology sectors. GenieBelt chairman Klaus Nyengaard, formerly CEO of …

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Permanent link to this article: http://extranetevolution.com/2016/09/geniebelt-raises-e2m-funding/

Apr 25 2016

Bridgit closes $1.7m seed funding round

Bridgit, the Ontario, Canada-based construction project management technology startup, has closed a US$1.7 million seed round led by Hyde Park Venture Partners with participation from Vanedge Capital. The business, which I first wrote about in August 2014, plans to use the funding to hire new engineers and salespeople and acquire more US customers for its …

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Permanent link to this article: http://extranetevolution.com/2016/04/bridgit-closes-1-7m-seed-funding-round/

Nov 03 2015

SpecifiedBy raises further funding

UK construction product data start-up SpecifiedBy has closed a second seed round of investment of £350,000. Some 18 months after securing an initial round of seed funding (post), Edinburgh & Newcastle based startup, SpecifiedBy, has closed a second seed round of investment of £350,000, led by existing investors IP Group Plc and Northstar Ventures, with …

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Permanent link to this article: http://extranetevolution.com/2015/11/specifiedby-raises-further-funding/

May 19 2015

Plangrid gets $18m funding

San Francisco, California, US-based construction mobile solutions provider PlanGrid has raised $18 million in series A financing to help fuel its growth. As part of the investment deal, Sequoia Capital‘s Doug Leone has joined the PlanGrid board of directors. In its news release, co-founder and CEO of PlanGrid, Tracy Young says: “Despite significant gains driven by technology …

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Permanent link to this article: http://extranetevolution.com/2015/05/plangrid-gets-18m-funding/

Feb 11 2015

GenieBelt announces €700k funding round

GenieBelt, the Copenhagen, Denmark-based provider of a free SaaS construction collaboration platform (launched in November 2014), today announced a new angel round led by European angel investor and former CEO of Just Eat, Klaus Nyengaard. Ditlev Bredahl, CEO of OnApp, also contributed to the €700,000 funding round. GenieBelt says it will use the angel funding round …

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Permanent link to this article: http://extranetevolution.com/2015/02/geniebelt-announces-e700k-funding-round/

Nov 25 2008

Aconex reports…

Australia-based construction collaboration Software-as-a-Service (SaaS) vendor Aconex has published its financial results for the year ending 30 June 2008. As with most annual reports and accounts, there is a lot of dry legal/accounting talk to wade through (thankfully, I am no accountant!), but for me the key points are: Aconex revenues and order book are …

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Permanent link to this article: http://extranetevolution.com/2008/11/aconex-reports/