The construction management software provider secured $12m in a round led by growth equity investor Catalyst Investors.

US-based contracting data management technology developer eSub Construction Software, which counts design software provider AutoDesk as an investor, has closed a $12m series B round.

Growth equity firm Catalyst Investors led the round, which also featured venture capital firm Revolution Ventures. Susan Bihler, a partner at Catalyst Investors, has joined the company’s board of directors.

Founded in 2008, eSub produces cloud-based software that helps contractors manage projects and access relevant documents in a single place. It will use the capital for product development as it looks to grow its business.

AutoDesk joined Revolution Ventures to provide $3m in series A funding for eSub in May 2018. Revolution Ventures had led the $5m first tranche of the round in 2016, which followed undisclosed amounts from The Investor Group and Stanford Farmers Investment Club.

Robert Lavine

Robert Lavine is special features editor for Global Venturing.