Textura Achieves One Hundred Percent Growth for Fifth Consecutive Year

Market acceptance confirms the value of Textura's product suite.

Oct 26, 2012, 14:04 ET from Textura Corporation

CHICAGO, Oct. 26, 2012 /PRNewswire/ -- Textura Corporation, the leading provider of collaboration solutions for the construction industry, announced that Textura grew revenue over one hundred percent for the fifth year in a row. Textura's product suite continues to satisfy client demand for products that improve contractor efficiency, make processes more effective and enable collaboration between project participants.

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To support this significant growth Textura is constantly hiring, currently adding an average of ten employees a month. Over the last two years Textura Corporation has grown from eighty to two hundred twenty employees expanding our development capability and ensuring that we continue to provide outstanding client service.

"Construction projects require diverse organizations to work together towards a common goal," explained Howard Niden, Textura Chief Product Architect. "Only cloud-based solutions can do that.  That's why all our products are SaaS solutions that can facilitate the natural working process in the construction industry. All our applications deliver value to each participant – owner, architect, engineer, general contractor, subcontractor and supplier. We uniquely deliver solutions that are built with every user's needs in mind, and not just from the point of view of an owner or general contractor."

Patrick Allin, Textura Chairman and CEO, added, "Our focus has been on helping the industry and our clients work together efficiently. Clients tell us that our products help them lower costs, experience fewer delays, have greener projects and construct high quality buildings. GradeBeam, our Invitation to Bid system helps contractors bid and win more work. Our Submittal Exchange products ensure dramatic process efficiencies and a shared view of submittal and document status. Pre-Qualification Management lets all contractors focus on value added tasks rather than paperwork. Construction Payment Management compresses overall process timelines to help contractors get paid faster and protect their lien rights."

"Our ability to grow one hundred percent right through the recession and one hundred twenty percent the last fiscal year is testimony to the fact that clients embrace our solutions because they deliver real value. In response to this market demand we are investing very heavily in our products and our employees – to develop new products and to further enhance our existing products and service. Owners, general contractors, subcontractors and others can expect a fully integrated portfolio of applications that facilitate collaboration throughout the project lifecycle – and deliver benefits to each user."

About Textura
Textura is the leading provider of collaboration and productivity tools for the construction industry.  Our solutions serve all construction industry professionals across the project lifecycle – from design, pre-qualification and bid management to submittals, invoicing and LEED® management – on a single, integrated platform. 

Textura's collaboration platform and online product suite represent the first time the industry has all the tools needed to manage their business in an integrated fashion to save time and money and reduce exposure to risks. With award winning technology, world-class customer support and consistent growth, Textura is leading the construction industry's technology transformation.  www.texturacorp.com   

SOURCE Textura Corporation