Procore Technologies Garners $50,000,000 New Round

  • Feed Type
  • Date
    12/12/2016
  • Company Name
    Procore Technologies
  • Mailing Address
    6309 Carpinteria Ave. Carpinteria, CA 93013 USA
  • Company Description
    Procore was founded in 2002 and provides contractors with software and services thatimprove the efficiency of construction projects. Procore’s web-based softwarecoordinates the project management activities of contractors, architects, and otherproject team members.
  • Website
    http://www.pro-core.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $50,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funding will be used to accelerate R&D investments, allowing Procore to expand its current product offering beyond its core project management suite.
  • M&A Terms
  • Venture Investor
    ICONIQ Capital
  • Venture Investor
    Undisclosed

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