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Construction Software Lands $5.5M in VC

CINCINNATI-River Cities Capital Funds leads the investment group in raising money for Construction Software Technologies Inc., whose 'iSqFt' puts the construction planning, bidding and post-bid processes on line.

By Jim McCartney | Updated on September 05, 2002

CINCINNATI-Construction Software Technologies Inc. has received a $5.5-million equity investment from a group of investors led by River Cities CapitalFunds. Construction Software Technologies provides online construction information for general contractors serving the commercial and industrial construction markets.

The company electronically hosts all project information including plans and specifications for online planning, bidding and the post-bid process for both public andprivate construction projects. Construction Software currently provides public plan room information in 17 states in conjunction with local chapters of the Associated General Contractors of America.

Construction Software Technologies, whose products are known in the market by the name “iSqFt,” will use the investment proceeds to enhance its national salesand marketing program; selling direct to general contractors and subcontractors through its strategic partnership with the Associated General Contractors of America.

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