Boston, United States
Onshape by PTC stands as a pioneering force in the cloud-native CAD and PDM software industry. With its ability to operate seamlessly on any device without the need for IT involvement, it offers a distinct advantage in versatility and ease of use.
Founded in 2012, Onshape distinguishes itself by eliminating system crashes and data losses, enabling secure, real-time collaboration, and offering robust data tracking with infinite restore capabilities. Integrated PDM features, such as branching and merging, further underline its competitive edge. A unique proposition is the platform's ability to allow design professionals to trial the service free for up to six months.
Operating predominantly in United States, Onshape serves industries ranging from Analytics to SaaS. The most recent investment round was a $105.00M Series D in April 2016. Key investors include New Enterprise Associates, Andreessen Horowitz, Commonwealth Capital Ventures, and North Bridge Venture Partners & Growth Equity, validating the company's strong market position and growth potential.
