We’re just a few days out from Waypoint 2023: Simple & Fast Coordination—Connecting Field & VDC through Reality Capture, happening on 8th June 2023 from 8-11:45 am PT. This year, we’re thrilled to bring you our best program yet. We’ve lined up more speakers than ever, representing different paths of the construction industry—experts from top…
I’m excited to announce that we now have registration open to attend Waypoint, our annual customer summit. The event is free of charge and open to all our OpenSpace customers and anyone who is interested in learning more about the advanced technologies that are simplifying the work of the built world. Our theme this year…
Monday update: We’re gratified that the U.S. Federal Government stepped in to extend FDIC protection for all Silicon Valley Bank depositors. While our business was not at risk because of this, we know others in the startup community who were facing the prospect of not meeting payroll this week. We’re relieved this crisis has been…
In 2022, the construction industry faced many challenges, including labor shortages and economic headwinds. However, these challenges also created opportunities for new solutions and a shift in the way the industry thinks about and responds to adversity. To gain insight into what we’ll see moving forward in 2023, we conducted a year-end survey, polling general…
At OpenSpace, we focus a ton of effort on continually improving our products in order to make builders’ lives easier. Creating the best possible platform for reality capture and analysis is our goal, but that doesn’t mean that all of my energy as CEO is spent on our product roadmap. In fact, my energy is primarily…
Earlier this year, we announced our $102M Series D funding, marking an exciting milestone for our company as we continue our quest to serve builders, real estate professionals, and others with industry-leading reality capture products and technologies. Today, we’re thrilled to share that an additional $9M in funding has been added to the Series D…
Over the past two years, many process changes have come to construction sites. One of the key indicators of these changes has been the continued adoption of construction technology (contech), which has progressed at an impressively rapid pace. We’ve seen this anecdotally in our own data; when we announced our Series C funding in April,…
Studies have shown that nearly 70% of activities carried out in the construction industry are non-value-added or outright wasteful, according to the Lean Construction Institute. But construction firms that follow lean principles can dramatically reduce waste, resulting in lower costs, faster delivery, and better quality. The eight wastes, originally defined by Toyota’s Chief Engineer Taiichi…
The world we’re operating in today is very different from the one we lived in when we launched OpenSpace two years ago. For months, our team has been working from home and, like many others, relying on videoconferencing, chat apps, and cloud-based documents to replace what had previously been in-person interactions. We know that the…
