Briq: Briq Adds $10M

Santa Barbara-based Briq, a developer of software used for financial forecasting in the construction industry, raised $10M this week, in what it says was a Series A funding round. The funding was led by existing investor Blackhorn Ventures, and also included Eniac Ventures, MetaProp Ventures, and Darling Ventures. Briq was founded by Bassem Hamdy and Ron Coldschmidt, and previously had announced $3M funding round in October of 2019. It's unclear if the announced funding this week includes that prior round, which had been described as a "strategic" funding. That earlier funding also had included all four of the same investors in the company.