Construction Tech Co. Prescient Gets $90M Financing
By Sierra Jackson (June 3, 2020, 8:11 PM EDT) -- Construction engineering company Prescient Co. Inc. announced Wednesday it has received $90 million in financing from Greenwich, Connecticut-based holding company Eldridge Industries LLC.
Prescient's CEO Magued Eldaief said in an interview with Law360 that the funds will be used to complete more projects and further develop its technology. He added that the financing shows investors believe in the company's Digital Thread software's future in a post-COVID-19 environment.
"You would think that in this time, people would be hesitant to make that kind of commitment or investment with all of the uncertainty," Eldaief said. "For me, it just reaffirms that we are on...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!