Katerra assembles $130m series C round

Apr 19, 2017 • Robert Lavine

The Foxconn-backed end-to-end construction services provider has emerged from stealth with $220m, $130m of which was just raised at a $1bn+ valuation.

Katerra, a US-based design and construction software developer backed by contract manufacturer Foxconn, emerged from stealth last week having just raised $130m at a valuation of more than $1bn, Fortune reported.

The amount was confirmed by Katerra itself, though the company did not reveal the participants in the series C round. It has raised $220m in total from backers also including Greenoaks Capital, Moore Capital Management, Khosla Ventures, DFJ and wealth management firm Paxion, according to Fortune.

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