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Short Take: Blueline Online, eBricks.com merge to create Cephren

Blueline Online and eBricks.com recently merged to form a new company called Cephren, which is focused on online project management for players in the construction industry--including builders, architects, real estate owners and designers. Cephren also announced a third funding round, bringing total investments to more than $60 million. The latest $41.5 million round was lead by GE Equity Investments, GE Power Systems, Goldman Sachs and Grupo Picking Pack.

Blueline Online and eBricks.com recently merged to form a new company called Cephren, which is focused on online project management for players in the construction industry--including builders, architects, real estate owners and designers. Cephren also announced a third funding round, bringing total investments to more than $60 million. The latest $41.5 million round was lead by GE Equity Investments, GE Power Systems, Goldman Sachs and Grupo Picking Pack.