Textura Welcomes David R. Smith as Executive Vice President of Global Sales

CHICAGO, Feb. 17 /PRNewswire/ -- Textura Corporation, the leading provider of collaborative solutions for the construction industry, announces the addition of David Smith to its management team as EVP of Global Sales

Mr. Smith brings a depth of experience in multi-product and international sales as well as strong knowledge of Software-As-A-Service (SAAS) applications.  As Textura expands beyond its current applications and markets he will be responsible for all revenue opportunities associated with Textura's solutions for general contractors, subcontractors, owners, developers, sub-tier contractors and suppliers in the US, Canada and around the globe.  

Mr. Smith will ensure new products are launched successfully to both current and new clients.  He will work closely with our strategic partners to ensure benefits are achieved for partners and clients.   In the very near future Mr. Smith will assess other areas of the world for global expansion of Textura's services.  

Patrick Allin, Chief Executive Officer, said: "Dave brings a seasoned, experienced perspective to our new opportunities.  His knowledge will be invaluable as we expand our range of solutions for contractors and as we enter new markets.  Dave has demonstrated an ability to scale the sales function to satisfy client demand, expand into new channels and develop new markets.  We are extremely pleased to have him join Textura and look forward to the new level of sales capability he brings."  

Commenting on his appointment, Mr. Smith said: "I am delighted to join Textura at this moment.  Textura provides a technology platform that is unique – and delivers exceptional value to its customers.  The opportunity for revenue growth at Textura is very exciting; the company grew 200% in 2009 in a very difficult market.  Textura has all the elements for even more extraordinary growth going forward.  Most impressive is the current list of customers that use Textura's applications and their high satisfaction with our client service."  

Mr. Smith joins Textura after 6 years at FrontRange Solutions where he ran sales and was part of a management team that grew the company from $60 Million to $130 Million.  Mr. Smith also helped lead the company to a liquidity event with Francisco Partners.  During that time he restructured the sales team and introduced new products to the market to help rapidly grow revenue.  Prior to FrontRange Solutions, Mr. Smith was Vice President of Sales and Service for 3Com Corporation for 7 years where he gained experience running a $1 Billion business with multiple distribution channels.  Mr. Smith also served as an Area Director at Oracle Corporation where his team sold the Oracle Application Suite.

About Textura

Founded in 2004, Textura has developed the only robust collaborative industry solutions for construction payment management, Textura—CPM, and for pre-qualification, Textura—PQM.  Textura—CPM integrates all construction payment management process components into one seamless work flow, helping contractors and others involved in construction projects realize significant benefits from automation and streamlining.  Textura—PQM automates the entire pre-qualification process for everyone by facilitating the electronic submission, review, approval and updating of all pre-qualification documents.  Please visit our website at www.texturacorp.com.  

You can also call us at 866-TEXTURA (866-839-8872) or email your question to [email protected].  You can submit questions or requests for additional information through our web site at http://www.texturacorp.com/contact.php.  

SOURCE Textura Corporation