Coaxis Raises $10M from Updata Partners

Coaxis, Inc., a Portland Oregon-based developer of a construction enterprise software, secured $10m in funding from Updata Partners, a leading US growth equity firm.
Coaxis is the parent company of Viewpoint Construction Software, a provider of information-management solutions to the commercial construction market in the USA, Canada and Australia.
The funds will be used to accelerate the company’s expansion in North America and Australia through marketing and product distribution efforts. 
In conjunction with the funding, John Burton, Updata’s founder and Managing Director, will serve on the Coaxis board.

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