Orlando tech firm to expand after landing venture capital

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    An Orlando company that creates cloud management software for construction management plans to expand after landing venture capital.

    RedTeam Software got an investment for an undisclosed amount from Riverside Acceleration Capital, part of Dallas-based The Riverside Co. The investment will allow the company to increase its number of products, add 20 employees and expand its 5,000-square-foot office at 8623 Commodity Circle by 2,500 square feet this year, CEO Michael Wrighttold Orlando Business Journal.