fBusiness has made a strategic investment of $2.5 million in TraceCost. The acquisition will drive digital adoption in construction-focused companies across India, North America and the Middle East, OfBusiness said in a press statement.
Tracecost is an online real-time construction cost tracking software which provides real-time collaboration software to manage resources and finances of construction projects. Its software lets builders review site operations remotely, predict the right inventory levels and optimize delivery schedules.