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Construction site tech firm OpenSpace raises $55M


OpenSpace, the global leader in 360° construction photo
documentation and analysis, today announced a $55 million Series C funding
round, led by Alkeon Capital Management.
Additional participants in the round include PSP Partners,
GreenPoint Partners and New World Development, as well as returning investors
Lux Capital, Menlo Ventures, JLL Spark, Navitas Capital and Zigg Capital.
The funding comes as the company expands access to the
ClearSight Progress Tracking platform to its full customer base.
Over the past year, accelerated global adoption of
digitization and remote work has fueled growth for OpenSpace, which has seen
revenue triple, customer count increase by more than 150 percent, and customer ....

Mark Mclaughlin , World Development , Alkeon Capital , Greenpoint Partners , New World Development , Lux Capital , Menlo Ventures , Navitas Capital , Clearsight Progress Tracking , Progress Tracking , General Partner , குறி ம்கிலௌஊகிலின் , உலகம் வளர்ச்சி , கிரீன் பாயிண்ட் கூட்டாளர்கள் , புதியது உலகம் வளர்ச்சி , லக்ஸ் மூலதனம் , மென்லோ முயற்சிகள் , நாவிடச் மூலதனம் , ப்ரோக்ரெஸ் கண்காணிப்பு , ஜநரல் கூட்டாளர் ,

OpenSpace Raises $50M for Construction Site-Tracking Tech


OpenSpace
OpenSpace announced that it has raised a $50 million Series C funding round.
A former commerce secretary invested as part of the round, led by hedge fund Alkeon Capital Management.
The construction tech company said it saw a 150% growth in customers last year.
OpenSpace CEO Jeevan Kalanithi wasn t planning to raise any more money after a fundraising effort last year netted the company $15.9 million.
The Series B round in July 2020 helped the company hone and expand the use of its software, which uses video to help contractors, architects, and developers track the progress of under-construction buildings remotely.
But then pandemic brought in even more customers who wanted to monitor construction sites from afar via photos, videos, and artificial intelligence. ....

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Construction Map Startup OpenSpace Raises $55M


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Tishman Speyer , Jeevan Kalanithi , World Development , Alkeon Capital Management , Penny Pritzker , Greenpoint Partners , New World , Lux Capital , Menlo Ventures , Navitas Capital , Zigg Capital , Francisco Based Openspace , Suffolk Construction , டிஷ்மேன் ஸ்பீயர் , உலகம் வளர்ச்சி , பைசா பிரீதிஜ்கேர் , கிரீன் பாயிண்ட் கூட்டாளர்கள் , புதியது உலகம் , லக்ஸ் மூலதனம் , மென்லோ முயற்சிகள் , நாவிடச் மூலதனம் , மூச்சுத் திணறல் கட்டுமானம் ,

OpenSpace Raises $55M in Series C Funding


OpenSpace, a San Francisco, CA-based provider of a 360° construction photo documentation and analysis platform, raised $55M in Series C funding.
The round was led by Alkeon Capital Management. with participation from PSP Partners, GreenPoint Partners and New World Development, as well as returning investors Lux Capital, Menlo Ventures, JLL Spark, Navitas Capital and Zigg Capital.
The company intends to use the funds to further expand its ClearSight analytics suite into areas like safety management and quality control, as well as accelerating its international expansion.
Founded in 2017 by CEO Jeevan Kalanithi, OpenSpace provides solutions that combine simple 360° cameras, computer vision and AI to make it easy to capture a complete visual record of the jobsite, share it via the cloud and track progress. To date, customers have used the platform to capture more than four billion square feet of imagery from active construction projects across thousands of sites in ....

San Francisco , United States , Jeevan Kalanithi , World Development , Alkeon Capital , Greenpoint Partners , New World Development , Lux Capital , Menlo Ventures , Navitas Capital , சான் பிரான்சிஸ்கோ , ஒன்றுபட்டது மாநிலங்களில் , உலகம் வளர்ச்சி , கிரீன் பாயிண்ட் கூட்டாளர்கள் , புதியது உலகம் வளர்ச்சி , லக்ஸ் மூலதனம் , மென்லோ முயற்சிகள் , நாவிடச் மூலதனம் ,

Built lands $88M in funding | Nashville Post


Six-year-old firm’s platform has in past year doubled spending managed to $68B
One of Nashville’s biggest recent technology success stories has secured its next round of funding, landing $88 million from a consortium of investors led by the man who has also backed Peloton and SurveyMonkey.
The leaders of Built Technologies, which sells software that helps construction sector players more efficiently track and move their money, say they will use their Series C funding from the Addition fund run by Lee Fixel and other investors to further scale their business. Fixel, who also funded Flipkart and has
been very active during the pandemic, is joining Built’s board. ....

Lee Fixel , Third Bank , Pinnacle Financial Partners , Goldman Sachs , Regions Bank , Witkoff Group , Fifth Third Bank , Built Technologies , Chase Gilbert , Canapi Ventures , Index Ventures , Nyca Partners , Fifth Wall Ventures , Nine Four , Joining Built , Jordan Park , Renegade Partners , Greenpoint Partners , மூன்றாவது வங்கி , உச்சம் நிதி கூட்டாளர்கள் , கோல்ட்மேன் சாக்ஸ் , பகுதிகள் வங்கி , ஐந்தாவது மூன்றாவது வங்கி , கட்டப்பட்டது தொழில்நுட்பங்கள் , துரத்து கில்பர்ட் , கனப்பி முயற்சிகள் ,