FieldLens Raises $1.925M in Seed Funding
FieldLens, a NYC-based mobile communication platform designed for the construction industry, has raised $1.925m in seed funding.
The round was co-led by High Peaks Venture Partners and Softbank Capital, with participation from Quotidian Ventures, NYC Seed and Contour Venture Partners, and angel investors including Tom Falus, former President of Cushman & Wakefield, Ryan Moore of Atlas Venture, Simon Hopkins of New York Angels, Ed Tolson of New York Angels, and Rick Webb, co-founder of The Barbarian Group.
The amount includes a $300k angel investment secured in December 2011, led by Quotidian Ventures.
The company intends to use the funding to continue developing its platform.
Founded in 2011 by CEO Doug Chambers, Matt Sena and David Small, FieldLens provides construction project teams with real-time mobile access to all critical job-site data, allowing faster responses to issues that typically would require massive amounts of paperwork, emails, faxes, and site visits.
It streamlines communication among managers, contractors, architects, engineers, design consultants, and real estate developers, along with secondary service providers like construction attorneys and accountants, who can use tools such as video, tagging, and touch screen to convey field issues.
FieldLens is in private beta and expects to be available for open beta by November 2012.