{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgIOrxJwKDA","lastupdate":"2024-04-08T00:00:00.000Z","update_date":"2024-04-08T00:00:00.000Z","lastModified":"Jun 29, 2024","active":1,"confidence_score":100,"confidence_score_reason":"markets","urlname":"nortecview","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$atMK5Y2mL4IXf4D9G1uKhheGlKytF6nV2TInVF421tK11Ti3C24CN3.webp","name":"Locusview","oneliner":"Digital Construction Management for Utilities","registrar":"515160091","website":"https://www.locusview.com/","careerspage":"https://www.locusview.com/careers","founded_month":11,"founded_year":2014,"formernames":["NortecView"],"sociallinks":{"twitter":"https://twitter.com/LocusView","youtube":"https://www.youtube.com/channel/UCXR2MtX9p2HayjYOHp4dXHg","facebook":"https://www.facebook.com/Locusview","linkedin":"https://www.linkedin.com/company/4000129","instagram":""},"social":["https://www.facebook.com/Locusview","https://twitter.com/LocusView","https://www.linkedin.com/company/4000129","https://www.youtube.com/channel/UCXR2MtX9p2HayjYOHp4dXHg"],"flattenedsociallinks":"https://www.facebook.com/Locusview|https://twitter.com/LocusView|https://www.linkedin.com/company/4000129|https://www.youtube.com/channel/UCXR2MtX9p2HayjYOHp4dXHg","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"51-200","employees_exact":142,"patent":0,"raised":95492073,"stage":"A","public_stage":"A","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4Puanf0LDA","primary_sector":"Industrial Technologies","alternativenames":["Nortec View","NortecView"],"about":"Locusview specializes in Digital Construction Management (DCM) for utility construction projects. 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He warned that Israel is lagging behind in these areas, which could impact its technological and economic future.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["infrastructure","energy","investment","technology","AI"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$80 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"HCF1NylxNuKpjKsq3UiRd0FwZIhRdSXb2uzyqt0UR34HXPv0CvwIDj","news_summary":"Shahar Levi, CEO of Locusview, warns that outdated infrastructure and soaring energy demands threaten Israel's ability to sustain innovation and compete in the AI revolution.","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"EA5TeEs8oCdX3P75aegr21tcR9FQxfzrk9bof38J9Iu9SLyj1PTJGw","date":"May 8, 2023","link":"https://www.calcalistech.com/ctechnews/article/rk8limuvh","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"Management Changes","company":"Locusview","layoffs":"Not mentioned","summary":"Locusview, an Israeli project management platform for energy infrastructure, has appointed Ayelet Gavish as Chief HRO & Chief Corporate Strategy. 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Locusview has raised a total of $80 million to date, including a $64 million Series A round in 2021.","partners":"PwC Israel","customers":"Not mentioned","investors":"Not mentioned","confidence":9,"key_topics":["Appointment","Human Resource","Project Management","Startups","Funding"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"$80 million","structured_issues":["Management Changes"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Management Changes","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"CWRhLN1cevdzP7Jko1EhJKvGAoVjZXFzlHHesW6QfhwpzYNXnKhh9l","news_summary":"Locusview appoints Ayelet Gavish as Chief HRO and Chief Corporate Strategy | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"chl2BF463Jqwwe20uKW4grpomb3rU4B1K8ZW80ZA0PizTKKslWHJcM","date":"May 2, 2023","link":"https://www.calcalistech.com/ctechnews/article/bjtw6nr7n","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"Cleantech, Investment","company":"Locusview","layoffs":"Not mentioned","summary":"Shahar Levi, CEO and Founder of Locusview, discussed the companys efforts to assist large utility companies in the US with their plans to renew and upgrade their energy networks. Locusview, founded in 2014 by Levi and GTI Energy, has developed a Digital Construction Management (DCM) platform for energy, telecom, and water industries. The platform is designed to help these industries manage infrastructure capital projects and meet stricter, climate-friendly regulations. Levi expressed confidence in the companys future growth, citing climate change and the need for technological tools as key drivers for investment in their industry.","partners":"GTI Energy","customers":"Large utility companies in the U.S.","investors":"GTI Energy","confidence":9,"key_topics":["Climate Change","Infrastructure Upgrade","Digital Construction Management","Energy Network","Investment"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"Growth-Positive","investment_amount":"Not mentioned","structured_issues":["Customers","Investment"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Customers  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"Growth-Positive","analysisId":"l3GDeaCfhGRPpLSds4EqboqDXK33NknZvKQ3GoHYFMpzJ0NodPo7vg","news_summary":"Locusview CEO: \"Lucky to be on the right side of history\" | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"8373a7dc-0fe3-4560-9e5c-c65239467b03","date":"Jun 25, 2021","link":"https://finance.yahoo.com/news/locusview-announces-chief-product-officer-134400360.html","source":"finance.yahoo.com","visible":1,"analysis":{"entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"nMfj2mldPOxAQBeWrPkzAgWuw6hLMAJMQEybNIyqR0mXMojHR1fJoY","news_summary":"Locusview Announces New Chief Product Officer, Sassi Idan","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"848ea885-c03c-41d5-965b-a6e49d1ee982","date":"Jun 9, 2021","link":"https://indianinfrastructure.com/2021/06/09/bpcl-partners-with-locusview-to-digitise-its-pipeline-laying-process/","source":"indianinfrastructure.com","visible":1,"analysis":{"tags":"partnership","company":"Bharat Petroleum Corporation Limited (BPCL)","layoffs":null,"summary":"BPCL has partnered with Locusview, a technology company specializing in Digital Construction Management, to digitize its pipeline laying process. The partnership aims to solve challenges related to paper-based collection methods and impaired GIS data, which have caused delays and hindered asset defect detection. Locusviews solution provides real-time visibility of field activities and captures high accuracy data during construction. The partnership is expected to improve data quality, ensure pipeline integrity, and reduce delays. Both companies are committed to the projects success and plan to continue providing long-term value.","partners":"Locusview","customers":null,"investors":null,"confidence":9,"key_topics":["Digital Construction Management","Pipeline laying process","Real-time visibility","Data quality","Project completion"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"K1JJ5zvw1GM59hGz7XDwv95NvAgM6dvevnDqLRreWGfkpmL2Pgc1R9","news_summary":"BPCL partners with Locusview to digitise its pipeline laying process - Indian Infrastructure","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"cfac5f0b-ad5e-49f4-bdfb-8fed565e348e","date":"May 4, 2021","link":"https://www.nasdaq.com/articles/the-missing-link%3A-why-utilities-should-adopt-a-digital-construction-management-solution","source":"www.nasdaq.com","visible":1,"analysis":{"tags":"Digital Transformation, Utilities Sector","company":"Locusview","layoffs":"Not mentioned","summary":"The article discusses the slow adoption of digital transformation in the utilities sector. It highlights the challenges faced by utility leaders in implementing digital solutions, such as resistance to change, inefficiencies in existing technologies, and the lack of a comprehensive solution. The article suggests that utility leaders need to adopt a single technology platform that manages data flow and acts as a single source of truth for the entire organization. It predicts that over the next 5-10 years, utilities will increasingly rely on Digital Construction Management technology to optimize their operations.","partners":"Not mentioned","customers":"Not mentioned","investors":"None","confidence":8,"key_topics":"Digital Transformation, Utility Sector, Digital Construction Management, Grid Modernization, Digital Twin","date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"Neutral","investment_amount":"Not mentioned","structured_issues":"None","acquisition_amount":"Not mentioned","structuredIssuesShow":"#None","entityGrowthIconPath":"none;"},"sentiment":"Neutral","analysisId":"2JNDWNDWjt0RV8SN26jtkmBuWdMpBdELYygAYzrIFjL56Q6g0Q5i7P","news_summary":"The Missing Link: Why Utilities Should Adopt a Digital Construction Management Solution","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"b2c3dbfb-2d09-4016-944a-7551e47d7367","date":"Apr 28, 2021","link":"https://en.globes.co.il/en/article-digital-construction-management-co-locusview-raises-64m-1001369134","source":"en.globes.co.il","visible":1,"analysis":{"tags":"digital construction management","company":"Locusview","layoffs":null,"summary":"Locusview, an Israeli digital construction management company, has raised $64 million in a Series A financing round led by Israel Growth Partners. The total amount raised by Locusview to date is $80 million. The investment will support the companys global reach, expansion into electric utilities, additional product development, and acquisition opportunities. Locusview has developed a digital construction management platform for energy, telecom, and water industries. The company plans to double its staff by year-end and expand its platform capabilities. Locusview aims to lead the digital revolution of critical infrastructure construction globally. The company has already become a trusted partner for over 20 of the largest utility companies in the US. 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The interior design focused on merging low-tech and high-tech elements and creating a beautiful design in line with the companys values. The design included a cafeteria lounge, a spacious kitchen space, and a relaxing terrace. The goal was to provide users with a top-notch experience. The article does not mention any specific partners, customers, valuation amount, acquisition amount, investment amount, layoffs, or date of the event.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["interior design","cafeteria lounge","kitchen space","terrace","user experience"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"1dCpCow7FGNqH2Q0sPP0YfGqNwj7S24vftMRoLzHrFgoYVZ4uhLVK5","news_summary":"Office Tour: Locusview Offices - Herzliya","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"0700ace0-fbb5-43b3-a7c6-ac32adc6462a","date":"Apr 6, 2018","link":"http://www.gastechnology.org/news/Pages/LocusView-Solutions-Acquired-by-NortecView.aspx","source":"www.gastechnology.org","visible":1,"analysis":{"tags":"acquisition","company":"LocusView Solutions","layoffs":"N/A","summary":"LocusView Solutions, a subsidiary of GTI International, has been acquired by NortecView. 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