October 14, 2024
Loading...
You are here:  Home  >  Latest news  >  Current Article

Procore reportedly raises $150M but postpones IPO

IN THIS ARTICLE

Carpinteria-based Procore Technologies moved up from No. 880 last year to No. 697 this year. (Nik Blaskovich)
Carpinteria construction software developer Procore reportedly raised another $150 million in venture capital as it postponed its planned IPO. Bloomberg News said on April 30 that the funds had come from D1 Capital Partners — the New York firm led by hedge fund manager Dan Sundheim — at a $5 billion valuation, citing anonymous sources. …

Subscribe

    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.