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Aconex Limited

Aconex is a construction software developer that connects teams on construction and engineering projects through its online platform.

Backed by

Francisco PartnersFrancisco Partners

Raised 107.5M EQUITY on September 22, 2008

About

Aconex is an Australian construction project collaboration platform providing cloud-based document management, workflow, and communication tools for engineering, construction, and project teams.

Mission

Aconex is an Australian software firm. The company secured $107.5 million in funding from U.S.-based private equity firm Francisco Partners. The deal was approved at a meeting of existing Aconex shareholders. Aconex has around 100 investors, mainly high-net-worth individuals, families and friends of Aconex executives. The new capital will be used for product development, acquisitions and geographic expansion. The transaction is described as one of Australia’s biggest private equity deals of the year.

Quick Facts

Founded

2000

Funding

EQUITY

Industry

Cloud Computing, Construction, Enterprise Software, Software

Team Size

501-1000

Headquarters

Melbourne, Victoria, Australia