Wednesday, January 24, 2007

Procore Announces Series B Funding

Santa Barbara-based Procore Technologies has closed a $4M Series B round of funding, the firm said this week. The round was led by Great Pacific Capital, and will be used to accelerate the company's sales and marketing efforts. Procore develops project management software for the construction industry. The company raised $2M in the first half of the funding in October, and previously had raised $950,000 in a seed round led by Kevin O'Connor of DoubleClick. More information »