While Mark Suster is no longer involved in the day-to-day running of a construction collaboration business, he is still a strong believer in Software-as-a-Service (SaaS). Having taken up a non-executive role with CTSpace (see BuildOnline + Citadon = CTSpace) in order to devote his time to running Koral (which has apparently raised $4m funding), Mark’s …
Tag: CTSpace
Permanent link to this article: https://extranetevolution.com/2007/01/open_source_v_o/
Dec 22 2006
CTSpace raises $5.3m
According to its latest press release, CTSpace has raised $5.3m (about £2.7m) funding in a financing round led by previous investors Insight Venture Partners and GRP Partners. The funding will apparently be used by this “leading independent collaboration on-demand company”* to “extend its leadership position” by expanding “key areas of its business including sales, marketing and international operations” …
Permanent link to this article: https://extranetevolution.com/2006/12/ctspace_raises_/
Dec 18 2006
CTSpace: initial redundancies
According to a Growth Business article by Marc Barber, the merger of BuildOnline and Citadon to create CTSpace (see previous posts from here), will result in some redundancies. CEO Howard Koenig apparently “expects high-growth opportunities given the company now has a presence in Europe, North America and Asia-Pacific”, and “acknowledges initial ‘redundant costs’ will hit as the company, …
Permanent link to this article: https://extranetevolution.com/2006/12/ctspace_initial/
Dec 15 2006
CTSpace dissected further
Following on from yesterday’s post (CTSpace dissected), the Citadon/BuildOnline merger to form CTSpace has continued to occupy my thoughts. In today’s post, I point out that the merger marks yet another consolidation of the extranet space since the start of the 21st century, have a quick look at what the combined business is offering post-merger, discuss …
Permanent link to this article: https://extranetevolution.com/2006/12/ctspace_dissect_2/
Dec 14 2006
CTSpace dissected
Yesterday’s announcement of a merger of BuildOnline and Citadon to form CTSpace (see earlier post) presents a positive view of the past history of the two firms, so it is worth analysing some of the background. Let’s start with BuildOnline. BuildOnline backstory BuildOnline was actually originally founded in Ireland and set out to become an e-marketplace …
Permanent link to this article: https://extranetevolution.com/2006/12/ctspace_dissect/
Dec 14 2006
BuildOnline + Citadon = CTSpace
UK collaboration vendor BuildOnline is to merge with US-based vendor Citadon (see news release). The new business will trade as CTSpace. The move was confirmed late yesterday after several weeks of UK industry rumours (see 14 November BuildOnline and Koral, for example), and a succession of BO management changes over the past year or so, culminating in the …
Permanent link to this article: https://extranetevolution.com/2006/12/buildonline_cit/