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September 18th, 2011
Bentley Invests in TEEC, Developer of SpecWave Software to Intelligently Manage AEC

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Bentley Systems, Incorporated announced that it has inaugurated a strategic relationship with The Engineering Essentials Company (TEEC) by investing in a minority equity position and by placing a Bentley representative on its board.

Based in Philadelphia, Pa., TEEC is developing software to help AEC (architectural, engineering, and construction) organizations intelligently manage their engineering specifications and related codes and standards. The principals of TEEC are Leon Gorbaty, CEO, and Adam Klatzkin, CTO.

Commenting on the new investment, Bentley Systems Executive Vice President Barry Bentley said, “We are eagerly enthusiastic about the work that the TEEC team is doing to eliminate the current disconnect between design and specification management. TEEC’s development of SpecWave® is an important step towards software interoperability across the infrastructure lifecycle, and we look forward to the fruits of this investment, for all project constituents.” Read More

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