RDV Systems closed a series B round of financing raising $1MM from Glodon (Hong Kong) Software, an investor based in Hong Kong, China , establishing a strategic partnership geared towards introducing RDV BIM visualization to Asian markets and expanding its North American presence in the AEC industry.
RDV, a visualization software company that is changing the way civil engineers, infrastructure professionals and many others create, visualize, share and present their project designs, raised $1.0 million in a Series B round of financing led by Glodon (Hong Kong) Software, a wholly owned overseas entity of Glodon Software Company Limited, a Chinese leader in BIM software and solution provider for AEC Industry. To help tighten cooperation, the new investors will receive a seat on the RDV board of directors.
RDV Systems’ cloud-based suite of BIM visualization tools and complementary services allow AEC industry professionals to create interactive 3D models of their civil engineering designs. RDV will deploy the current round of funding to grow the company’s North American footprint and to help make 3D design visualizations a mainstream component of the Architecture, Engineering and Construction (AEC) project lifecycle.
“Glodon Software wishes to join forces with outstanding software companies in the AEC industry to bring category-leading applications and solutions to our customers,” stated by Mr. Edward Wang, Director and SVP of Glodon. Mr. Robert Yuan, Director and SVP of Glodon, also the Glodon’s appointed director of RDV also comments: “RDV Systems has re-defined the BIM visualization software experience for AEC professionals and has set the stage for rapid adoption of its products and services. We are excited to partner with RDV and to help bring the RDV BIM visualization product line to the Asian market.”
“As we move into the next phase of our business expansion, we are pleased to partner with a strategic investor possessing the skills and global experience to assist in accelerating RDV’s growth in North America and penetration into Asian markets.“ Said Rod Zehavi, CEO of RDV Systems. “Moreover, collaboration with Glodon, a leading software provider to the AEC industry, will also help us (RDV) speed up the rate by which we can include novel features and components into our Building Information Modeling (BIM) visualization software.” added Zehavi.
RDV has been delivering innovative visualization and BIM software product since 2005, with a goal of helping engineers, designers, architects and planners effectively communicate project designs at a cost that makes visualization feasible for engineering projects of any size.
Traditional visualization focuses on the development of images and videos – a costly and time-consuming process used primarily for marketing purposes. RDV’s patented technologies have turned 3D visualizations into a rapid and affordable tool that multiple project stakeholders can use for a range of different tasks.
Whether your projects involve roads and highways, rail infrastructure, airports, ports and harbors, land development, municipal infrastructure, urban planning, landscape architecture, mining or plant and power, RDV helps you to shorten approval times, gain public support and in general, helps ensure that your projects succeed.
About Glodon Software:
Glodon Software Company Limited, founded in 1998, is the leader of Chinese AEC IT companies. In May 2010, Glodon was listed on the Shenzhen SME Board (Stock name: GLD, Stock code: 002410), and became the first listed company in AEC IT industry. Glodon offers products and services to the whole lifecycle of construction projects, and it has more than 30 core technologies, over 200 pieces of software copyright, and 20 patents. Glodon 3D graphics technology, BIM solution, cloud computing technology, and management platform are very advanced.
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