Tag: Procore

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/

Procore closes US$75m funding round

Carpinteria, California-based SaaS construction technology provider Procore has announced that it has closed a $75 million funding round led by Tiger Global Management (in October 2018, Tiger Global raised $3.75bn for its latest VC tech investment fund, surpassing its initial target of $3bn – FT). This round, which values the company at $3 billion (up from $1bn …

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Permanent link to this article: http://extranetevolution.com/2018/12/procore-closes-us75m-funding-round/

Catching up with Kahua

Kahua kstore

Kahua’s US expansion has seen it win a major deal with Balfour Beatty’s US arm, securing business from a customer that used Constructware – originally developed by Kahua’s founders. In July 2015, I wrote about Alpharetta, Georgia, US-based Platform-as-a-Service business Kahua, co-founded in 2009 by former Constructware executives Scott Unger and Brian Moore. Established in 1994, …

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Permanent link to this article: http://extranetevolution.com/2018/08/catching-up-with-kahua/

Wiseworking: bespoke cloud workflows

WiseWorking products

Eschewing the ‘one-size-fits-all, but configurable’ approach of some SaaS vendors, WiseWorking has opted to create cloud-based mobile solutions which are partially customised to meet the exact business process needs of its customers. In August 2014, I met Justin Williams, visiting London from Australia, to talk about Wiseworking, a Melbourne-based customer-focused construction app developer avoiding a …

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Permanent link to this article: http://extranetevolution.com/2018/08/wiseworking/

The next big AEC SaaS acquisition?

After Trimble’s US$1.2bn bid to acquire Viewpoint, which SaaS construction collaboration business might be the next to be acquired? Last summer, a year after Aconex had bought Conject and before Oracle had announced its bid to acquire Aconex, I was invited to speak privately to several groups of technology investors about the global SaaS construction …

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Permanent link to this article: http://extranetevolution.com/2018/04/the-next-big-aec-saas-acquisition/

Aconex delivers ‘solid’ first half growth

Melbourne, Australia-based SaaS construction collaboration technology provider Aconex has had what it describes as a ‘solid’ half-year performance. The company has announced its results for the six months to 31 December 2017, showing revenues growing 13% to A$86.9m – c. £49.1m or US$68.6m or €55.6m – compared to A$77m for the corresponding period in 2016. Aconex …

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Permanent link to this article: http://extranetevolution.com/2018/02/aconex-delivers-solid-first-half-growth/

Rhumbix and real-time site data

Rhumbix logo

Rhumbix automates construction workforce timekeeping and reporting at the field level via a mobile app, and provides real-time reporting, benchmarking and analysis to managers. Sometimes being separated by an ocean and continent doesn’t help communication. As a London-based writer, I received a news release about San Francisco, California’s Rhumbix, and reached out for an interview, …

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Permanent link to this article: http://extranetevolution.com/2017/11/rhumbix-and-real-time-site-data/

Collaborative BIM developments

Bluebeam logo

I visited the National Infrastructure Forum exhibition and conference at London’s ExCEL earlier this month and talked to staff on a couple of the technology vendors’ stands. Both the conversations focused on BIM and collaboration…. 3D Repo I have talked to people from London-based 3D Repo at various BIM events in recent months (and wrote …

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Permanent link to this article: http://extranetevolution.com/2017/06/collaborative-bim-developments/

Aconex: CEO Leigh Jasper interviewed (Pt 3)

Aconex shareprice all time to 17 May 2017

In the final section of this three-part Extranet Evolution interview with Aconex CEO Leigh Jasper (read part one; part two), the focus is digital transformation and long-term growth prospects. Digitising construction As a former McKinsey consultant, Jasper was pleased to talk about the McKinsey Global Institute’s ‘Digital Transformation’ reports showing how developed economies (like Australia, US, …

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Permanent link to this article: http://extranetevolution.com/2017/05/aconex-ceo-leigh-jasper-interviewed-pt-3/

Collaborative announcements

Catching up on some construction collaboration technology news…. from Konstru, 3DRepo, TenderSpace, Earthcam / Procore, STACK / Dodge Data, and Holobuilder. Konstru – web-based 3D BIM interoperability and version control I have long been interested in the potential of the web to help overcome issues relating to poor interoperability. Being able to share construction information in …

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Permanent link to this article: http://extranetevolution.com/2017/03/collaborative-announcements/

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