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…

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Fernando Moncada Rivera

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