Eyrus, the leading jobsite intelligence platform for the construction and oil and gas industries, today announced that it has closed $12 million in Series A funding. The round was led by Spring Mountain Capital. Existing investors from Eyrus' seed round, Motley Fool Ventures and Fuel Venture Capital, participated in the round as well.

Eyrus is a leading jobsite intelligence platform working to define the future of work. With best-in-class technology tailored to deliver actionable insights in real time, Eyrus ensures workers are deployed where needed at the right time, tracks progress across key areas of infrastructure projects, forecasts schedule deviations, and enables seamless communications among stakeholders and the fast and secure transfer of assets. Since launching in 2015, Eyrus has developed solutions that are single-mindedly focused on cost, accuracy and operational efficiency.