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/
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/
Jun 12 2020
Envision has rebranded as E7. The Brisbane, Australia-based, mobile-first Software-as-a-Service construction management solution provider (first profiled in Extranet Evolution in May 2011, with an update – Envision: building construction transparency – in April 2019) says the old name was not perfect for all markets in which it operated. “As we secure more and more projects across …
Permanent link to this article: http://extranetevolution.com/2020/06/envision-renamed-e7/
May 15 2020
A GoReport/RICS proptech survey found industry respondents widely recognise digitisation opportunities, but adoption speeds vary, with privacy and ethical use of data seen as the biggest challenge to wider adoption. A proptech survey carried out by Belfast-based mobile survey technology vendor GoReport has found that industry respondents widely recognise digitisation opportunities, but adoption speeds vary. …
Permanent link to this article: http://extranetevolution.com/2020/05/goreport-rics-highlights-data-privacy-concerns/
