Well, it's official. Procore have their first ever overseas office at 5 Martin Place Sydney, for Australia and NZ. That is in addition to their 8 offices in the US.
Compare that with Aconex's 53 offices in 29 countries, with 5 in Australia and 2 in NZ. And Aconex's offices also employ product support staff- not so sure about Procore though.
Still, it's good that they will provide some more awareness about collaboration software.
Next maybe they will have an office in Canada, where Aconex has had 3 offices for a number of years. Then maybe, or maybe not, they might start to think about Europe. Who knows? Maybe one day.
------------------------------------------------------------------------------------------------------------- This post is based on my own research and is not investment advice. When making investment decisions, always DYOR.
ACX Price at posting:
$3.90 Sentiment: Buy Disclosure: Held
