Procore Technologies Finds $30M For Construction Project Management Software

Carpinteria-based Procore, the developer of construction project management software led by Craig "Tooey" Courtemanche, said this morning that it has raised $30M in a growth funding round. The funding was led by ICONIQ Capital, and also included existing investor Bessemer Venture Partners. Procore said the funding will go towards accelerating growth of its business. Procore develops cloud-based software which is used to manage large construction projects, using both the web and mobile phones. The software handles access to all project documents, including contracts, RFIs, schedules, and drawings. More information »