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Acquired byAutodesk
Date6/2012

General Information

Offices

HQ
164 Middlesex Turnpike
Burlington, MA, 01803
USA

People

Funding

TOTAL $22.5M
FUNDING TOTAL $22.5M
Venture Round, 5/2006
CommonAngels
Series A, 7/2007
CommonAngels
Commonwealth Capital Ventures
LaunchPad Venture Group
GrandBanks Capital
$6M
Venture Round, 7/2009
$10.5M
Series B, 9/2010
Autodesk
Commonwealth Capital Ventures
GrandBanks Capital
$6M

Tags

Vela Systems

Vela Systems software automates the execution and oversight of field activities on construction and capital projects for contractors, architects, engineers and owners.

Instead of carrying a field notebook and paper plans or specs, jobsite users work with Vela software on mobile computers to electronically access documents and to complete QA/QC inspections, worklists, punchlists, field reports, update the Building Information Model, and carry out many other critical field activities. Customers routinely save 5-10 hours per week per user, accelerate project delivery by two days per month, capture the true Cost of Quality® and reduce litigation risk through standardized documentation.

Recent Milestones

Videos

Screenshots

Vela Systems screenshot
Above: Vela Systems Screenshot -- #1
Uploaded: 3/16/10

Sources

  1. Autodesk Acquires Vela Systems, Aims To Bring Construction Management Systems To Tablets (techcrunch.com) [edit]
  2. Commonangels Source [edit]
  3. Vela Systems Secures $6 Million in Series A Funding (velasystems.com) [edit]
  4. SEC (sec.gov) [edit]
  5. Vela Systems lands $6M Series B round, led by Autodesk (masshightech.com) [edit]
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Last Edited 3/8/14

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