DraftingSPACE announced Wednesday that it has been acquired by Vancouver-based BuildDirect, an online platform for home improvement.
BuildDirect made the purchase for an undisclosed amount.
For the University of Waterloo Velocity company, which helps homeowners design rooms with its software, the acquisition means setting up a new BuildDirect Waterloo office.
“We’ll be heading up the design centre team,” said Beth Nenniger, CEO and co-founder of DraftingSPACE. “We get to continue to do what we love to do, which is automating the home design space and making it possible for every homeowner to be their own designer.”
Read the full article on Communitech.