Salesforce Ventures returned for a $37.3m round for the construction management platform developer that was led by Globis Capital Partners.

Globis Capital Partners, the corporate venturing vehicle for education services provider Globis, led a ¥4bn ($37.3m) funding round for Japan-based construction management technology provider Andpad yesterday.

Enterprise software producer Salesforce’s investment arm, Salesforce Ventures, also took part in the round, along with venture capital firms DNX Ventures and Beenext. The company aims to close it at $56m in September this year.

Founded in 2012 as Oct, Andpad has created a cloud-based software tool to help construction project managers streamline on-site…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.