Raken Gets $2M For Construction Reporting Software

San Diego-based Raken has raised $2M in a funding round, for the company's construction reporting and compliance software. The funding was led by Rincon Venture Partners, and also included Eniac Ventures and Spider Capital. Raken is led and was co-founded by CEO Kyle Slager and CTO/CPO Dr. Sergey Sundukovskiy. The company develops cloud-based software used to help monitor construction project progress and compliance, and was founded in 2013. More information »