The round was led by Founders Equity with participation from private investment firms. In conjunction with the funding, Warren Haber, managing director at Founders Equity, joined the Board of Building Intelligence.
The company intends to use the capital to expand its engineering team, build out additional integrations with other software products, expand its focus on larger enterprise customers, and enhance customer support.
Founded by Jeffrey C. Friedman, Building Intelligence is a software company providing innovative technology solutions for security practitioners and building owners to manage visitors, vehicles and vendors. Its cloud-based solutions (SV3®) are positioned to provide the tools for managing visitors and vendors as they enter on foot through the front door or in a vehicle at the loading dock or parking area.