Citadon
Citadon provider of Internet-based project collaboration and business process management services for the engineering and construction
About Citadon
Citadon was a software-as-a-service (SaaS) provider focused on the engineering and construction sector, founded in 2001 and headquartered in San Francisco, California. The company specialized in internet-based project collaboration and business process management, offering a platform to streamline operations for large, complex capital projects.
The firm's core product was Citadon CW, a web-based platform for document management and project collaboration. This service was designed to automate and streamline business processes and communications, both within and across enterprises. Key features included a comprehensive online document management system with the ability to link related documents, robust search capabilities including full-text search, and a business process engine that allowed customers to model workflows. The platform aimed to reduce project risk, shorten schedules, and lower overall costs for its clients. Citadon's target market included industries such as power, oil and gas, process plants, and transportation infrastructure. Its client roster featured prominent names like Shell Oil Products, The Bechtel Group, Fluor Corp., and GE Transportation Services.
Citadon secured significant funding to fuel its growth, raising a total of $34 million over two rounds from investors including Warburg Pincus, GE Capital, Insight Partners, and Bechtel. A key milestone for the company occurred in December 2006, when it merged with Build-Online.com to form a new entity called CTSpace. This move represented a strategic consolidation in the construction collaboration technology market.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Oct 2001 | $19M | $76M | GE Capital · Actua Corporation · Warburg Pincus | — |
Growth signals
Latest recorded traffic for Citadon is 110 monthly website visits, down 47.6% over the last three months.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later3 investors entered at this stage
Warburg Pincus
GE Capital
Actua Corporation
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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