Status
Acquired by Autodesk on June 9, 2012
Funding Received
$23.8 Million in 4 Rounds from 5 Investors
Headquarters:
Burlington, MA
Description:
Vela Systems offers software that automates the execution and oversight of field activities on construction and capital projects.
Categories:
Construction, Mobile, iPad, Software
Website:
http://www.velasystems.com

Company Details

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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.

Current Team (2)

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Funding Rounds (4) - $23.8M

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Investors (5)

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  • Cb default image

    CommonAngels

    CommonAngels is a hybrid venture capital investing in technology-based seed and early-stage...
  • N4jfrd4dpxbktuur5hmj

    Autodesk

    Autodesk is a software firm focused on 3D design software for use in the architecture,...
  • 27b4e5e117fc5decdf398f0ea72577d8

    Commonwealth Capital Ventures

    Commonwealth Capital Ventures is a leading venture capital firm focused on early and growth stage...
  • 1678d671e89abc6ccb91e25c188adb6e

    GrandBanks Capital

    GrandBanks Capital is an early-stage venture capital firm that invests in wireless and mobile...
  • 0a1b4af89618adf8bd7f3ba674693e50

    LaunchPad Venture Group

    Launchpad Venture Group is a Boston-based angel investment group that provides funding to...

Offices/Locations (1)

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  • HQ

    164 Middlesex Turnpike

    Burlington, MA 01803

    USA

Images (1)

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  • Fab2cb4df0052561424085a799a3997b