Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9e674c82-27fb-4e80-89da-71aea6f176f6&Preview=1
Date 9/2/2010
Company Name Vela Systems
Mailing Address 52 Third Avenue Burlington, MA 01803
Company Description Through a unique combination of technical capabilities and deep industry knowledge, Vela Systems empowers the AEC industry with mobile technologies, streamlining field administration processes in construction, capital projects and capital equipment. Vela Systems replaces paper and clipboard with easy-to-use software and mobile devices such as Tablet PCs, enabling teams to Work Faster, Collaborate Easier, and Finish Sooner.
Proceeds Purposes Vela will use a portion of the investment to help support and expand the Autodesk partnership especially as it relates to bringing Building Information Models (BIM) to the point-of-construction.