Tag: SaaS

GenieBelt and Aproplan merge to form LetsBuild

Thomas Goubau and Klaus Nyengaard

Consolidation in the European SaaS/mobile construction software market as complementary solutions from GenieBelt and Aproplan combine, forming LetsBuild. Belgium-based construction software developer Aproplan and Denmark’s GenieBelt are to merge, creating a new business, LetsBuild, providing a “build phase end-to-end digital platform”. According to the joint news release, the (no cash) merger responds “to a rising …

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Permanent link to this article: http://extranetevolution.com/2019/01/geniebelt-and-aproplan-merge-to-form-letsbuild/

Autodesk buys BuildingConnected

BuildingConnect World

Autodesk’s December 2018 acquisition of the BuildingConnected bid management platform for US $275m embeds Autodesk in the US pre-construction sector. On 20 December 2018, just over a month after announcing it was acquiring US-based SaaS construction management developer Plangrid, Autodesk announced it was also acquiring another US company: BuildingConnected, for US$275m. This San Francisco-based company specialises …

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Permanent link to this article: http://extranetevolution.com/2019/01/autodesk-buys-buildingconnected/

BIMtech provider Opentree acquired by Graitec

Andrew Frank

UK-based document and BIM process management software developer Opentree has been acquired by Graitec. Teesside, UK-based Opentree, a provider of enterprise document management solutions, has been acquired – for an undisclosed amount – by France-based Graitec, an Autodesk reseller and developer of BIM, fabrication and design software (it has a UK office in Southampton). Opentree’s …

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Permanent link to this article: http://extranetevolution.com/2019/01/opentree-acquired-by-graitec/

Deltek acquires Avitru

Avitru logo

Deltek has expanded its software offering to architectural and other design firms by acquiring US-based Avitru, a deal which brings with it an ongoing commercial partnership with the US architects body, the AIA. In yet another consolidation in the architecture, engineering and construction software space, Deltek, the ever-acquisitive Virginia, US-based ERP software vendor, has bought …

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Permanent link to this article: http://extranetevolution.com/2019/01/deltek-acquires-avitru/

A first look at ACCA’s usBIM CDE

usBIM environment

usBIM is a cloud-based BIM collaboration platform or common data environment (CDE) from Italian software developer ACCA, set to be launched in 2019. ACCA Based in Italy, about 40km east of Naples, ACCA is a software developer specialising in applications for the architectural, engineering and construction industries. Founded in 1989, it has been  developing solutions …

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Permanent link to this article: http://extranetevolution.com/2018/12/a-first-look-at-accas-usbim-cde/

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/

Plangrid Connect launched

San-Francisco-based provider of SaaS construction productivity software Plangrid (set to become part of Autodesk) recently announced the launch of PlanGrid Connect: an out-of-box, no-code platform, which gives teams the flexibility to create custom integrations and enables real-time access to critical data with any application. In parallel, updates to the Plangrid API allow information entered in …

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Permanent link to this article: http://extranetevolution.com/2018/12/plangrid-connect-launched/

RIB plans further cloud expansion

Mads Bording

Stuttgart, Germany’s RIB Software is expanding aggressively beyond its central European heartland, winning customers in Australia, the US, Asia and the UK, and plans growth in its cloud-delivered construction ecosystem developed in partnership with Microsoft. Earlier this autumn, I talked to RIB’s COO and executive board member Mads Bording about the company, which he joined …

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Permanent link to this article: http://extranetevolution.com/2018/11/rib-plans-further-cloud-expansion/

Construction-savvy Plangrid adds to Autodesk toolset

Bill Smith - Plangrid president, global ops

Plangrid has been expanding into the UK since 2017 with internationalisation now largely complete, and the solution now more about workflows than ‘sheet’ management. Company executive Bill Smith also identified how Plangrid complemented Autodesk’s design strengths. On 18 October 2018, around a month before Autodesk announced its US$875m acquisition of Plangrid, I talked to Bill …

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Permanent link to this article: http://extranetevolution.com/2018/11/construction-savvy-plangrid-adds-to-autodesk-toolset/

Autodesk acquires Plangrid for $875m

Surprise consolidation in the construction cloud collaboration space as Autodesk acquires the rapidly expanding Plangrid. Autodesk has announced it is to acquire PlanGrid, the San-Francisco-based provider of construction productivity software, for US$875 million, saying it will “enable Autodesk to offer a more comprehensive, cloud-based construction platform.” PlanGrid software lets general contractors, subcontractors and owners in commercial, …

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Permanent link to this article: http://extranetevolution.com/2018/11/autodesk-acquires-plangrid-for-875m/

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