ANDPAD: Japan's cloud-based house construction management platform Andpad raises $3.8M

Tokyo-based Oct, the Japanese startup developing and providing the Andpad house construction management platform, announced earlier this month that it has fundraised about 400 million yen ($3.8 million US) from Draper Nexus Ventures, Salesforce Ventures, Beenext, and individual investors. Details of the stock ratios, payment date, and individual investors were not disclosed. In accordance with this, Draper Nexus Venture’s Managing Director Akira Kurabayashi will be appointed as an Outside Director.