Australian construction technology startup Matrak is attracting a lot of interest, having just raised Au$3 million in new funding. Melbourne, Australia-based construction technology startup Matrak is attracting a lot of interest, particularly after being described (by a former Aconex chairman) as the next potential Australian contech “unicorn” following the success of Aconex (acquired by Oracle …
Tag: Australia
Permanent link to this article: https://extranetevolution.com/2019/07/melbourne-start-up-matrak-attracts-interest/
Apr 30 2019
RIB invests in UK’s Cadline
RIB acquires a stake in the UK AEC software reseller Cadline and plans ten-fold growth of its MTWO cloud platform in 2019. RIB Software, the Stuttgart, Germany-based provider of enterprise software for the building, construction and real estate industries, has announced an investment in the UK and Holland-based software reseller Cadline to grow the market …
Permanent link to this article: https://extranetevolution.com/2019/04/rib-invests-cadline/
Apr 10 2019
Envision: building construction transparency
Envision is winning new infrastructure customers, and its data-centric approach fits with data-driven visions of the future of the industry currently known as construction. Envision is expanding its reach into civil engineering projects, and even reaching outside its Australasian heartland. The Brisbane, Australia-based field construction data platform is now being used extensively on road, rail …
Permanent link to this article: https://extranetevolution.com/2019/04/envision-building-construction-transparency/
Apr 03 2019
HammerTech raises Au$10m (US$7.1m)
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 …
Permanent link to this article: https://extranetevolution.com/2019/04/hammertech-raises-10m/
Jan 11 2019
Deltek acquires Avitru
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 …
Permanent link to this article: https://extranetevolution.com/2019/01/deltek-acquires-avitru/
Dec 20 2018
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 …
Permanent link to this article: https://extranetevolution.com/2018/12/procore-closes-us75m-funding-round/
Nov 23 2018
RIB plans further cloud expansion
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 …
Permanent link to this article: https://extranetevolution.com/2018/11/rib-plans-further-cloud-expansion/
Oct 22 2018
Total Synergy launches enterprise solution
Total Synergy’s latest SaaS product, Enterprise, features advanced forecasting and resource planning tools for architects, engineers and construction design firms. In time for last week’s Digital Construction Week show in London, North Sydney, Australia-based AEC project management software developer Total Synergy launched its new Synergy Enterprise platform, targeted at architects, engineers and construction design professionals. …
Permanent link to this article: https://extranetevolution.com/2018/10/total-synergy-launches-enterprise-solution/
Aug 28 2018
Collaboration and BIM – news updates
Recent BIM and collaboration vendor news from Kubus in the Netherlands, and NBS and Script&Go in the UK. Kubus expands BIMcollab ecosystem In July 2018, Netherlands-based software developer Kubus announced the launch of a software development kit (SDK) to enable easy, seamless integration of BIM software using BCF (BIM Collaboration Format) and BIMcollab, the company’s own cloud-based …
Permanent link to this article: https://extranetevolution.com/2018/08/collaboration-and-bim-news-updates/
Aug 10 2018
Wiseworking: bespoke cloud workflows
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 …
Permanent link to this article: https://extranetevolution.com/2018/08/wiseworking/










