US-based contracting data management technology developer eSub Construction Software, which counts design software provider AutoDesk as an investor, has closed a $12m series B round.
Growth equity firm Catalyst Investors led the round, which also featured venture capital firm Revolution Ventures. Susan Bihler, a partner at Catalyst Investors, has joined the company’s board of directors.
Founded in 2008, eSub produces cloud-based software that helps contractors manage projects and access relevant documents in a single place. It will use the capital for product development as it looks to grow its business.
AutoDesk joined Revolution Ventures to provide $3m in series A funding for eSub in May 2018. Revolution Ventures had led the $5m first tranche of the round in 2016, which followed undisclosed amounts from The Investor Group and Stanford Farmers Investment Club.
