Doxel, a construction management software application that uses computer vision to track, monitor progress and predict potential problems with everything from design, constructability to scheduling, recently announced that it has raised $40 million in Series B funding.
Insight Partners contributed to the round, with existing backers Andreessen Horowitz (also known as a16z) and Amplo bringing the startup’s total amount of cash raised to $56.5 million since its founding nearly six years ago. A16z participated in all of Doxel’s rounds from seed to Series B.