Monday, March 2, 2020

Procore, provider of construction management software, files for IPO, reveals revenue of $289.2M in 2019, up 55% YoY, on net loss of $83.1M vs. $56.7M in 2018 (Mary Ann Azevedo/Crunchbase News)

Mary Ann Azevedo / Crunchbase News:
Procore, provider of construction management software, files for IPO, reveals revenue of $289.2M in 2019, up 55% YoY, on net loss of $83.1M vs. $56.7M in 2018  —  Late Friday afternoon, construction management software provider Procore Technologies filed an S-1 with the U.S. Securities and Exchange Commission.



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Electricians are flocking to regions around the US to build data centers, as AI shapes up to be an economy-bending force that creates boom towns (New York Times)

New York Times : Electricians are flocking to regions around the US to build data centers, as AI shapes up to be an economy-bending force...