PTC

PTC Inc. is a US-based company that is engaged in developing, marketing, and supporting product lifecycle management (PLM) software solutions and associated services. It is a provider of technology platforms and enterprise applications for smart and connected products, operations, and systems. It serves its products to various industries including manufacturing, publishing, services, government, and life sciences sectors. Currently, PTC employs more than 6,000 professionals and serving more than 28,000 businesses worldwide. It was established in 1985.

Samuel P. Geisberg

Founder

36 past transactions

Mojo Vision

Series B in 2022
Mojo Vision is focused on developing and commercializing high-performance micro-LED display technology for consumer, enterprise, and government applications. The company combines breakthrough technology, leading display and semiconductor expertise, and an advanced 300mm manufacturing process to deliver on the promise of micro-LED displays. Mojo’s proprietary quantum-dot technology brings full-color capability to its display platform and meets the superior performance demands for all form factors. Mojo Vision developed the world’s smallest, densest dynamic display for the first AR smart contact lens and is now applying this innovation and expertise to lead the disruption of the $160 billion display industry. Mojo Vision was founded in 2015 and headquartered in Saratoga, California.

Arena Solutions

Acquisition in 2020
Arena Solutions helps innovative electronic high tech and medical device companies create products that change the world. Arena unifies product lifecycle (PLM) and quality management (QMS) processes, allowing every participant throughout the product realization process from design to manufacturing to work together. With Arena, teams accelerate product development and delivery to increase profits. For more information, visit ArenaSolutions.com.

Onshape

Acquisition in 2019
Onshape is a product development platform that unites CAD, data management, collaboration tools, and real-time analytics. Its modern CAD system eliminates design gridlock so professional engineers can do their best work. Onshape unites advanced modeling tools and design data management in a secure cloud workspace that is accessible on any device and never loses data. Professional engineers at thousands of companies rely on Onshape to modernize their design process. Onshape users have logged over 3 million hours modeling advanced robotics, biomedical devices, industrial machinery, and myriad other products. Founded in 2012 by the creators of SOLIDWORKS, Onshape has raised $169 million from Andreessen Horowitz, NEA, North Bridge, and other leading investors.

Matterport

Corporate Round in 2019
Matterport is a spatial data firm dedicated to digitizing and indexing the built environment. Its all-in-one 3D data platform allows anyone to transform a location into an exact and immersive digital twin that can be used to design, develop, operate, promote, and comprehend any environment.

TWNKLS

Acquisition in 2019
TWNKLS is an augmented reality agency that combines developing its own tracking and recognition technology with developing mobile solutions. It specializes in augmented reality productions, real time 3D, and online projects. The company creates, develops, produces, and implements augmented reality applications. Their clients are from the sectors of edutainment, marketing, branding, and construction industry. TWNKLS was founded by Gerben Harmsen in 2011 and is headquartered in Netherlands.

Frustum Inc.

Acquisition in 2018
Frustum is an innovative software company that is entirely focused on developing the latest design and topology optimization tools for designers through the Generate software platform.

Waypoint Labs

Acquisition in 2018
Waypoint uses augmented reality to change the way front-line workers capture, distribute, and access expert knowledge on the job. It allows trainers to build a three-dimensional set of instructions for workers in real-time using an AR headset such as the Microsoft HoloLens. Waypoint was born out of MIT in November 2017 and was acquired by PTC in June 2018.

Kepware Technologies

Acquisition in 2015
Kepware is the world leader in communication software for automation and offers a unique experience in both OPC and embedded device communications. Since 1995, Kepware has focused on the development of communication drivers to automation controllers, I/O and field devices, OEM Licensable communications and Licensable OPC Interoperability solutions. Applications include M2M (Machine to Machine) and M2E (Machine to Enterprise) communications. Operating system support includes; Microsoft Windows Desktop, Windows Server and Windows Embedded (Windows CE and Windows Embedded NT/XP). Today, with over 140 communication protocols, and through the efforts of our direct sales, distribution and embedded partners, Kepware is the leading provider of communications with annual shipments exceeding 100,000 units. Kepware's responsiveness to customer needs and strong partnerships with other leading automation suppliers ensures that your next application will be a success.

Mtell

Series A in 2015
Founded in 2006, Mtell provides software solutions for managing the health of industrial equipment with machine learning. Making machines smart, Mtell plays an important role in developing the Industrial Internet. In addition to reducing risk to people safety, and the environment, Mtell is a significant contributor to equipment performance and profitability. Solutions are deployed globally in the oil and gas, mining, pharmaceutical, and wastewater industries. For more information, visit us online at http://www.mtell.com.

Vuforia

Acquisition in 2015
Vuforia, a PTC Technology, is the industry's most advanced and widely adopted augmented reality platform. Vuforia is used by hundreds of thousands of developers worldwide. When coupled with the ThingWorx platform, the Vuforia platform unlocks a world of possibilities for creating new ways to create, operate, and service products. Vuforia is supported by a global ecosystem of 250,000+ registered developers and has powered 25,000+ apps with more than 275 million app installs worldwide.

ServiceMax

Series F in 2015
ServiceMax is the global leader in Service Execution Management, a software category that includes both Field Service Management and Asset Service Management. ServiceMax provides a cloud-based software platform that improves the productivity of complex, equipment-centric service execution for OEMs, operators, and 3rd-party service providers. Enterprise companies across the globe have turned to ServiceMax to help them keep the world running while reaping the benefits of increased revenue, higher productivity, improved customer experience, secure enterprise communication, greater safety, and better compliance.

ColdLight Solutions

Acquisition in 2015
ColdLight is a leader in advanced analytics, predictive technology, and machine learning science. At the center is Neuron, a secure and flexible automated learning engine that learns from massive amounts of data, discover patterns, and then delivers mathematically validated recommendations directly to the business teams that can take action. Neuron can be deployed as a SaaS cloud service, minimizing any infrastructure impact for its customers.

Caugnate

Acquisition in 2015
Caugnate leverages computer vision and augmented reality technologies to create new tools for remote collaboration, allowing collaborators to more directly experience one another's spatial environment. This is a critical advantage in collaborative tasks that involve the physical world, such as equipment maintenance and repair.

Axeda

Acquisition in 2014
Axeda Corporation provides remote monitoring and management software and services to manufacturing companies, service providers, and enterprises. The company offers Axeda ServiceLink, an enterprise software system that enables product manufacturers to provide remote service to their customers; and Axeda On-Demand, the software-as-a-service version of Axeda ServiceLink that enables to outsource the IT management responsibilities of remote service implementation. Its software is used in various applications, including diagnosis and repair, remote access, and proactive problem detection, as well as case and patch management, preventive maintenance, and usage monitoring. The company also provides consulting and implementation, customer support, education, and hosting services. It serves homeland security, medical, life sciences, information technology, telecommunications, print and imaging, kiosks, industrial, semiconductor, and building automation markets. The company was founded in 2000 and is headquartered in Foxboro, Massachusetts. Axeda Corporation is a former subsidiary of ITA Holdings, Inc.

Atego

Acquisition in 2014
Atego is a global software tools and professional services company focused on helping organizations engineer complex, mission- and safety-critical systems and software. Atego has more than 30 years experience in delivering solutions for the world’s largest engineering companies developing complex systems and software for Real-time, Embedded and Mission/Safety Critical applications. These companies are involved in; aerospace & defense, automotive & rail, energy & utilities as well as automation, medical and the electronics industries. Atego pioneered the creation and delivery of standard’s based solutions for UML, SysML, UPDM, Ada, Real-time Java and is actively involved with global standards bodies for systems engineering and software development. Many of our current customers have been using our products and services for decades and continue to rely on Atego’s superior engineering talent and support team dedication.

ThingWorx

Acquisition in 2013
ThingWorx radically transforms application development for the the connected world, allowing companies to achieve a step change in operational innovation and resource efficiency.

NetIDEAS, Inc.

Acquisition in 2013
NetIDEAS, Inc., a leading provider of software hosting and technical consulting services specializing in the areas of product development and product lifecycle management (PLM). NetIDEAS has served as PTC’s preferred hosting solution provider, offering PTC Windchill® solutions in a hosted environment to customers across a wide range of industries. In June, NetIDEAS added PTC Windchill Quality Solutions to its portfolio of PTC hosted solutions.

Enigma Inc

Acquisition in 2013
Enigma is a developer of software for the management and maintenance of large and complex equipment often found in industrial machinery. Enigma’s software handles the maintenance of databases containing large stores of technical components including heavy industrial equipment, aircraft spare parts and components, mechanical equipment and the like. The software is designed to help manage the maintenance of a product throughout the course of its lifecycle, from the moment it comes off the assembly line all the way through to its installation. Enigma is used in companies throughout the world with client’s including Ford and FedEx to name a few.

Servigistics

Acquisition in 2012
Servigistics is the world's leading enterprise software solution provider for Service Lifecycle Management (SLM). As the recognized leader in SLM, Servigistics’ main goal is to help their clients transform their service business operations to achieve new sources of revenue, profits, competitive differentiation and customer loyalty. At Servigistics, their mission is to consistently deliver beyond their client expectations so they can consistently deliver beyond their customer expectations.

4C Solutions

Acquisition in 2011
4CS provides warranty software solutions. 4CS iWarranty software helps reduce the warranty cost of the products significantly by improving the quality and reliability of the products, sharing the cost and information with suppliers and business partners along with automating the warranty management processes. The iWarranty product directly connects manufacturers, suppliers, dealers, partners and customers in a service network. It optimizes the entire warranty cycle through the integration of the following applications: Claim Submittal, Claim Processing, Claim Review & Payment, Parts Return, Supplier Warranty, Purchased Warranty, Warranty Analytics, and Warranty Center Founded in 1995 by Ashok Kartham, 4CS is built upon a foundation of four key values: Commitment, Collaboration, Creativity, and Computing Excellence. These are the values that the 4CS team internalizes to provide reliable and creative business computing solutions while building long lasting partnerships with our customers. 4CS provides integrated e-business solutions to many Global 1000 companies with a national and global presence.

MKS Inc

Acquisition in 2011
MKS, an application lifecycle management (ALM) technology provider. MKS Integrity coordinates and manages all activities and artefacts associated with developing software intensive products, including requirements, models, code and test, ensuring comprehensive lifecycle traceability.

Planet Metrics

Acquisition in 2010
Planet Metrics is a carbon information management (CIM) software company that provides streamlined modeling, analytics and complex data visualization for corporate sustainability strategists and product innovation teams. Planet Metric's goal is to guide customers in their corporate decision making to achieve sustainability goals and improve financial performance. Working with major brands in automotive, consumer packaged goods, retail, technology, and other industries, Planet Metrics provides Rapid Carbon Modeling (RCM) technology which offers organizations software to model, visualize, and manage carbon reduction efforts throughout the company's operations. Integrated analytics and visualizations make it easy to identify hot spots of carbon intensity in packaging, supply chain, transportation, logistics, and disposal. Planet Metrics solutions are typically deployed in under 30 days, and integrate existing Lifecycle Assessment (LCA) data, GHG Inventories, and other enterprise business application data.

Synapsis Technology

Acquisition in 2009
Synapsis Technology, a software and consulting company, provides environmental compliance and product lifecycle management (PLM) software solutions and services for manufacturing companies. The company has strategic partnerships with Siemens Product Lifecycle Management Software, IBM, Oracle, RosettaNet, and TetraTech / MDSMap. The company was founded in 1999 and is based in Spring House, Pennsylvania with a software development center in Noida, India. As of November 23, 2008, Synapsis Technology operates as a subsidiary of Parametric Technology Corporation.

Relex Software

Acquisition in 2009
Relex Software is an advanced reliability engineering software that provides key system performance metrics such as reliability, maintainability and prediction in a flexible and intuitive framework.

CoCreate Software

Acquisition in 2007
CoCreate Software is an explicit modeling tool enables PTC to offer the industry’s most comprehensive suite of modeling solutions.

NetRegulus

Acquisition in 2007
NetRegulus is a global technology company that provides its users with IoT and AR platforms and enterprise applications. Its enterprise applications serve manufacturers and other businesses that create, connect, operate, analyze, and service products. NetRegulus was founded in 1982 and is based in Oak Brook, Illinois.

NC Graphics (Cambridge) Ltd.

Acquisition in 2007
NC Graphics is a privately held company supplies CADCAM software for the toolmaking, moulding, and die and precision engineering industries.

ITEDO Software

Acquisition in 2006
ITEDO Software provides development and sale of technical illustration software services. It offers software products to the automotive industry, aerospace, defense and construction equipment industry.
Mathsoft Engineering and Education, Inc., the company that sells these products was one division of the former MathSoft. In 2001, MathSoft sold its Engineering & Education Products Division to the division managers as a privately held company. One of the former MathSoft divisions, FreeScholarships.com, was shut down, and MathSoft renamed itself Insightful. Insightful develops custom math programs for businesses and also sells a data analysis package called StatServer. Mathsoft Engineering & Education continued to develop and sell the its flagship Mathcad product as well as the Mathcad Calculation Server, an enterprise server for sharing technical calculations.

Arbortext

Acquisition in 2005
Arbortext offers a XML-based software solution that enables its users to create, edit, and publish contents on multichannel platforms. Arbortext is acquired by Parametric Technology. Arbortext was founded in December 1982 and is based in Ann Arbor, Michigan.

Aptavis Technologies Corp.

Acquisition in 2005
Aptavis Technologies Corp. is a Windchill-based technology and expertise for retail, footwear and apparel.

Polyplan Technologies

Acquisition in 2005
Polyplan Technologies is a privately held technology and expertise in manufacturing process management company. It provides manufacturing process planning software. Its technology enables the development of products and related manufacturing process plans.

OHIO Design Automation

Acquisition in 2004
OHIO Design Automation is an electronics design collaboration software. OHIO-DA’s flagship product is InterComm, an electronic design verification, visualisation and collaboration product in use in over 400 companies throughout more than 20 countries.

Auxilium, inc.

Acquisition in 1999
Auxilium is a supplier of packaged EAI software for manufacturing organizations, providing connectivity between engineering, planning, manufacturing, purchasing, suppliers and customers. auxilium's Info*Engine web-enabled application suite leverages the power and flexibility of web technology for scalable extended-enterprise solutions integrating people, information and processes for business impact.

Computervision

Acquisition in 1998
Computervision was an early pioneer in Computer Aided Design and Manufacturing computer systems until its acquisition in 1998. Computervision initially offered the CADDS-1, an automated design and drafting system targeting the printed circuit layout market. An improved version of the system is currently used in ship building. The U.S. Navy was also customer of the company and used the CADDS system for its ship designs. The company was acquired by Parametric Technology Corporation in 1998.

InPart Design

Acquisition in 1998
InPart Design, Inc. is a privately held company provides mechanical component data and CD content on the Internet.
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