Sees Rapid Growth

May 18, 2000
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Since its launch Nov. 1, has experienced rapid growth, averaging 300 new building and design projects a week to its Web-based collaboration workspace. It currently holds approximately 5,500 active projects, and will continue to expand with the completion of its second round of financing totaling $75 million. has also joined with the Ariba Inc. e-commerce platform to build a global business-to-business construction marketplace. Joins Forces With ec-Content

As we went to press, also announced it has entered into a long-term strategic partnership with ec-Content, a leading provider of comprehensive digital catalog content for digital marketplaces. The marketplace, an online trading exchange for suppliers, specifiers and buyers in the construction industry, will be connected to electrical, mechanical and plumbing catalogs from ec-Contents Building Essentials Library, representing more than 1,300 manufacturers. Additionally, has formed alliances with other companies, yet to be announced, that are affiliated partners with Trade Service Corp. and offer access to an integrated online network of building product suppliers.

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