The Autodesk-backed cost management platform developer increased its valuation to $280m in its most recent round.

APriori Technologies, a US-based cost management software developer backed by architecture and design software producer Autodesk, raised $30m in a series D round on Tuesday.

Venture capital firms PBJ Capital and Omega Venture Partners co-led the round, which boosted the company’s valuation to $280m.

Founded in 2004, aPriori has created a software platform which lets industrial clients such as automotive manufacturers gain insight into cost and manufacturing feasibility of their designs in real time.

The funding will be used to…

Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.