Nov 04 2020
Procore’s Groundbreak included news of a new acquisition – US estimating software provider Esticom – and a slew of product announcements, but no mention of the IPO, seemingly delayed due to the continuing impacts of the pandemic. The week after Bentley Systems’ Year in Infrastructure 2020 (see previous post) was Procore‘s annual Groundbreak event, also …
Permanent link to this article: http://extranetevolution.com/2020/11/procore-acquires-estimating-esticom/
Sep 23 2020
FieldLens, the New York City-based mobile construction management technology provider, acquired by WeWork in June 2017, is set to shut down. FieldLens, the New York City-based mobile construction management technology provider once dubbed the “Facebook of Construction” is said to be closing down. The business largely disappeared after being acquired by WeWork in June 2017 (FieldLens acquired …
Permanent link to this article: http://extranetevolution.com/2020/09/former-facebook-construction-fieldlens-closing/
Sep 03 2020
Fonn, a Norwegian sofware startup raises $3m to help fund its continued expansion in US, UK and European housebuilding markets. Norwegian construction SaaS software startup Fonn has announced a US$3m (c. €2.5m or £2.25m) funding round led by Oslo-based venture capital firm Idekapital. Aidiom, Investinor, Skagerak Maturo and Oxer Kapital were co-investors in the business, …
Permanent link to this article: http://extranetevolution.com/2020/09/norways-fonn-attracts-3m-targets-uk-us/
Aug 27 2020
Self-proclaimed skip hire disruptor, London’s Skrap has raised £1.2m and plans expansion to cover other construction hire needs. Skrap, a London-based startup, has raised £1.2m in seed funding as it sets out to transform how everything is hired in the construction industry by making it available on-demand. It claims a reputation as a ‘skip hire …
Permanent link to this article: http://extranetevolution.com/2020/08/skrap-automating-construction-hire/
Aug 25 2020
RIB Software’s Scandinavian development team in Copenhagen has been extending the capabilities of the former Docia toolset, applying an ‘open BIM’ approach to delivering new Connex BIM functionality. Stuttgart, Germany-based RIB Software, now part of the French Schneider Electric group, has expanded through a series of acquisitions in recent years, while also growing its Software-as-a-Service …
Permanent link to this article: http://extranetevolution.com/2020/08/rib-launches-connex-platform/
Aug 10 2020
Growing Africa’s BIM capabilities is facing new challenges due to COVID-19, but Exceptional BIM, an online learning portal backed by Asite, is aiming to maintain momentum. BIM adoption in southern Africa has historically lagged more developed markets such as Europe, the US and the Asia Pacific region (Dec 2016: South Africa lagging …). However, there …
Permanent link to this article: http://extranetevolution.com/2020/08/asite-supports-africa-exceptional-bim/
Aug 07 2020
Well-established in France, Resolving is extending its mobile-first application to support international markets and BIM-based processes. The solution captures field progress, conformity inspections, commissioning and other field activities. There have been numerous changes of ownership among the leading vendors of Software-as-a-Service construction collaboration technologies in recent years. The spate of mergers and acquisitions has also …
Permanent link to this article: http://extranetevolution.com/2020/08/resolving-mobile-first-collaboration/
Jul 31 2020
Field image capture technology provider Buildots has raised £12m in funding to fuel its expansion plan. Tel Aviv, Israel-based startup Buildots has raised £12m (US$16m) in venture capital backing to fund its expansion plans (reports The Construction Index and TechCrunch). As described in Extranet Evolution in December 2019, Buildots’ solution combines 360-degree body-worn cameras with artificial …
Permanent link to this article: http://extranetevolution.com/2020/07/buildots-expansion/
Jul 15 2020
Autodesk leads a strategic investment in Bridgit, and plans integration between Bridgit Bench and Autodesk Construction Cloud. Toronto, Canada-based construction SaaS technology developer Bridgit has announced (news release) that it has raised US$7 million in a funding round led by Autodesk, and supported by existing investors, BDS, Salesforce Ventures, Sands Capital and StandUp Ventures. This …
Permanent link to this article: http://extranetevolution.com/2020/07/autodesk-invests-bridgit-bench/
Jun 12 2020
Bentley Systems has acquired US-based NoteVault, a provider of voice-based field automation for construction management. Bentley Systems‘ latest acquisition (announced on 3 June 2020 – no value given) is NoteVault, a San Diego, California-based provider of voice-based field automation for construction management. According to Bentley: “the acquisition expands Bentley’s SYNCHRO digital construction environment with industry-leading …
Permanent link to this article: http://extranetevolution.com/2020/06/bentley-acquires-notevault/
