HammerTech Accelerates Expansion Plans with $70M Investment

Tuesday, 16 July 2024, 20:43

HammerTech, a construction safety software company, secures $70 million growth investment from Riverwood Capital. The funding aims to drive business expansion and enhance product innovation. The investment signifies the confidence in HammerTech's potential for growth and scalability in the tech industry.
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HammerTech Accelerates Expansion Plans with $70M Investment

HammerTech: Boosting Growth with $70 Million Investment

Construction safety software company HammerTech announced plans to accelerate business expansion and product innovation following a $70 million (A$105 million) growth investment from US-based Riverwood Capital, a leading tech-focused investment firm.

Key Points:

  • Investment: $70 million from Riverwood Capital
  • Objective: Accelerate business expansion and product innovation
  • Partnership: Riverwood Capital, dedicated to technology growth
  • Impact: Confidence in HammerTech's growth potential

The investment marks a significant milestone for HammerTech and sets a strong foundation for future growth and scalability in the technology sector.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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