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PTC

company

About

PTC develops, markets, and supports product lifecycle management software solutions and associated services.

Details

Last Funding Type
Post-IPO Equity
Last Funding Money Raised
$1B
Industries
3D Technology,CAD,Enterprise Software,Product Design,Software
Founded date
Jan 1, 1985
Number Of Employee
5001 - 10000
Operating Status
Active
Stock Symbol
nasdaq:PTC
Legal Name
PTC Inc.
Also Known As
Parametric Technology Corporation

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$1B
PTC has raised a total of $1B in funding over 2 rounds. Their latest funding was raised on Jun 11, 2018 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 11, 2018 Post-IPO Equity $1B 1 Rockwell Automation Detail
Dec 15, 1989 IPO Detail

Investments

Number of Investments
Number of Lead Investments
4
1
PTC has made 4 investments. Their most recent investment was on Jan 4, 2022, when Mojo Vision raised $45M.
Date Company Name
Round Money Raised Industry Lead Investor
Jan 4, 2022 Mojo Vision
Series B $45M Big Data
Jun 12, 2019 Matterport
Corporate Round 3D Technology Yes
Dec 16, 2015 Mtell
Series A Artificial Intelligence
Jun 23, 2015 ServiceMax
Series F $82M Cloud Infrastructure

Investors

Number of Lead Investors
Number of Investors
1
1
PTC is funded by 1 investors. Rockwell Automation are the most recent investors.
Investor Name Lead Investor Funding Round
Rockwell Automation Yes Post-IPO Equity

Employee Profiles

Number of Employee Profiles
210
PTC has 210 current employee profiles, including Executive James Heppelmann
Executive
Executive
Executive
Executive

Exits

PTC has had 3 exits. PTC most notable exits include ServiceMax ,   Matterport

Date Company Name Exit Type Industry
Nov 17, 2022 ServiceMax M&A Cloud Infrastructure Detail
Jul 23, 2021 Matterport IPO 3D Technology Detail
Oct 27, 2016 Mtell M&A Artificial Intelligence Detail

Acquisition

PTC has acquired 35 organizations. Their most recent acquisition was InPart Design on Oct 2, 1998. They acquired InPart Design for 0.

Date Company Name
Industry Acquisition Type Price
Oct 2, 1998 InPart Design
Internet acquisition Detail
Dec 12, 1998 Computervision
CAD acquisition Detail
Mar 9, 1999 Auxilium, inc.
Software acquisition Detail
Software acquisition $ 12M Detail
Manufacturing acquisition Detail