Cosential Gets $35M For Construction Software - texastechpulse.com
Summary
Austin-based Cosential, a developer of customer relationship management (CRM) and proposal automation software for the architecture and engineering market, said on Wednesday that it has raised $34M in a funding round. The strategic growth investment came from private equity investor JMI Equity. According to Cosential, the new funds go towards market development, corporate infrastructure, and product innovation. Cosentials founder an CEO is Dan Cornish. JMI Equitys General Partner, Bob Nye, joins Cosentials board of directors as part of the funding.
Funding
Amount
$34.0M
Total raised
Date
July 11, 2018
Announcement date
Investors
JMI Equity
Lead investors
Company
http://www.cosential.com
Funded company
Classifications
industries
Construction
applications
Business Intelligence
AskAI Classifications
Labels
No AI classifications detected
Linked Companies
Cosential
$10M to $25M