Money makes the world go around, some say. Relationships make the world go around say others. Combine the two and you can get dizzy going around and around. In technology, though, the combination of funding and partnerships does, indeed, make things happen. Construction, being a niche market, often draws less interest from general software companies, leaving the field to the specialists. Once a product has been proven, however, general investors will come aboard, and like-minded technology companies will sign on as partners or integrators. Take StructionSite , as an example. The company is a provider of intelligent project tracking software for construction and recently announced $10 million in funding that includes new institutional capital from 500 Global as well as strategic investments from PCL Construction and GS Futures. The new funds will be used to expand StructionSite’s platform capabilities and extend its position in the market. The company also announced its latest partne...
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