Built Technologies | May 02, 2022
Built Technologies, the fastest growing construction and real estate finance platform in the United States, was nominated to the first SMBTech 50 List, which recognizes innovative technology solutions for small and mid-sized enterprises in various sectors. The list, created by venture capital firm GGV Capital and business information platform Crunchbase, honors rising stars in SMB technology.
“We’re solving the cash flow problem across this $1.6 trillion US sector between lenders, developers, general contractors, sub-contractors and suppliers by moving money quickly in a secure and compliant way, This award honors our team’s hard work creating a construction finance platform that helps some of the nation’s top financial institutions and the small and mid-sized developers and contractors responsible for building the communities around us.”
Chase Gilbert, CEO and Co-founder, Built
The SMBTech 50 list includes 50 early and late-stage companies that have raised a combined $10 billion in funding, with 75% raising capital in the last 12 months. For example, in September 2021, Built raised a $125 million Series D round at a valuation of $1.5 billion.
Built's platform was utilized to manage moreover $200 billion in money for lenders and borrowers during the last fiscal year, including approximately 135,000 active projects and 400,000 draw disbursements. Visit getbuilt.com to learn more about how Built facilitates money flow throughout the construction and real estate ecosystem.
MiTek | May 04, 2021
MiTek Inc., a Berkshire Hathaway company, today announces the realignment of three well-known brands providing structural framing solutions to the building industry. Driven by industry demand and organizational collaboration, these structural framing building solutions will proudly be offered as a part of the great MiTek® portfolio of building solutions.
These structural framing building solutions include:
• Benson® Curtain Wall and Benson® Glass, a worldwide design, prefabrication, and installation custom solution for glass and curtain walls;
• SidePlate™ Connection Designs, the innovative and optimized moment frame connection design; and
• Ultra-Span® Floor and Ultra-Span® Roof Trusses, prefabricated cold-formed steel framing products.
• Now offered under the MiTek® name, customers will still receive equivalent great solutions and services they need come to expect.
MiTek collaborates across the building industry to rework the way its customers' design, make and build utilizing off-site construction. With MiTek's expanding specialization in accelerating design and supporting the building industry with a growing set of services and off-site building solutions, customers and partners are equipped to satisfy their challenges and therefore the demands of the present positive market cycle with greater efficiency and overall confidence.
"Integrating these three former standalone operations into a unified MiTek portfolio of solutions is a component of what has been a multi-year journey for us, following a period of acquisitions beginning in 2008," said Mark A. Thom, Chairman & Chief military officer of MiTek. "We're excited to further simplify our branding to MiTek® while maximizing how these solutions add value to our customers' business and therefore the way we help them use off-site means to create better. Our vision and complete focus are to raised leverage all our technology and capabilities as MiTek, to further help our partners transform global communities. the necessity has never been greater for speed and efficiency from design to completion to assist meet the rapidly growing demand for smarter, cheaper, and more sustainable homes and buildings. We still reshape MiTek to unlock that power."
MiTek believes that the building industry's future relies on better design methods and overall connectivity of the availability chain and therefore the information, services, and building methods required to finish any project. Better end-to-end approaches and therefore the use of off-site methods whenever possible should help to satisfy today's global building challenges more robustly and sustainably.
"Bringing these structural framing solutions together with more fully under the MiTek name will give our customers expanded access to new services and software solutions, and further innovations in the off-site building which will transform the way the industry designs, makes, and builds," said Lance Howard, President, Commercial Building Solutions. "This may be a natural next step which will further harmonize our team and solutions within MiTek's broader technology solutions. within the end, this could help us even better function as an ally for our partners."
MiTek may be a platform innovator and enabler that exists to rework the building industry with better building solutions. In 1955, MiTek transformed residential construction with the invention of the Gang-Nail plate and a digital platform that provided a reasonable and scalable thanks to manufacturing wood trusses. Today, MiTek delivers software, services, engineered products, and automatic solutions that enable the building industry to enhance efficiencies by optimizing the balance between off-site and on-site. With nearly 5,600 team members worldwide, MiTek collaborates across the building industry to enable and accelerate transformational breakthroughs in design and construction to rework the way the industry designs, makes, and builds.
TCS | October 23, 2020
Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has introduced a composite quality engineering (QE) service for blockchain applications called TCS Blockchain QE Services that combines smart contract auditing with cloud deployment design, API audits, and usability testing to help enterprises safeguard against security, privacy, and reliability threats. Leveraging the experience and capabilities of TCS' Quality Engineering and Transformation Platform Services, the new services cater to applications over a wide range of blockchain platforms. The offering reimagines testing by leveraging innovative methods from the proven Quality Engineering Platform ecosystem. TCS provides smart contract testing services as part of this offering to thwart vulnerabilities in the business logic codified in smart contracts. It can also ring fence the entire blockchain solution at protocol and ecosystem level to ensure safety and security of enterprise applications.