ADR Software, a Reston, VA-based provider of an innovative solution for construction general contractors and project owners to collect, document, and evaluate labor information in real-time, received an investment from CIT GAP Funds.
The amount of the deal was not disclosed.
The company intends to use the funds to expand the work force and continue business and product development.
Led by President Marty Pollak, ADR provides a Workforce Monitor™ service that captures and reports information about workforce traffic by monitoring the exits and entrances of construction sites with rapid deployment self-sufficient and cloud connected portals. It leverages wide area cellular networking and radio frequency identification (RFID) technologies to service the construction labor industry.
The company currently operates in nine states across the country.
FinSMEs
11/12/2013