Dive Brief:
- FieldLens, a tool that runs on smart phones, tablets, or via the Web to manage construction site issues has persuaded a venture capital investment that it is worth an $8 million boost.
- FieldLens is designed by a former construction project manager and became available in March.
- The software uses a social technology approach to let managers "effectively document, assign and manage" issues and to allow users to see where projects stand.
Dive Insight:
OpenView Venture Partners made the investment, and announced with FieldLens CEO Doug Chambers that the funding will go toward expanding capabilities.
"A major emphasis will be placed on developing virtual onboarding and coaching tools for customers, along with providing resources focusing on best practices to maximize productivity on the jobsite," the announcement said.