XL Innovate leads $2.75mn funding for Pillar

XL's venture capital fund XL Innovate has led a $2.75mn seed
funding round for construction smart sensor firm Pillar
Technologies.
Pillar Technologies captures, measures, and distributes risk
data on construction sites with a series of smart sensors.
The funding from XL Innovate, Hyperplane VC, and Techstars
Ventures will to scale the manufacturing of its sensors, and expand
the team building its real-time risk management software platform
for construction companies and contractors.
Martha Notar