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PTC
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Product development software with focuses in product life cycles and engineering calculations

Founded in 1985
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Company type Public Public (PTC)
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TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Needham, MA Needham, United States
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Date Partner Type
06/11/2018
Rockwell Automation Rockwell Automation
As well as a $1 billion investment into PTC from Rockwell, the two companies will deepen their relationship by aligning their respective smart factory technologies.
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Confirmed by Rockwell Automation
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PTC

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Date Investors Type Amount
06/11/2018 Rockwell Automation Rockwell Automation (1)
Post-money valuation of
This investment comes as part of a strategic partnership between the two companies, in which they will align their smart factory technologies.
PIPE $1,000,000,000
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