Photo Software - Monday, June 18, 2007
3D CAD Software Maker SpaceClaim Raises $13M+
Having assembled a CAD dream team, SpaceClaim has raised another round of funding. Investors are saying that SpaceClaim is pushing CAD innovation like nobody else in the past two decades. SpaceClaim is positioned as both a front end tool for conceptual mechanical design and a downstream tool for working with 3D design models. Among SpaceClaim's founders is Mike Payne, co-founder of PTC and SolidWorks.
Reviewers have been blown away by SpaceClaim
SpaceClaim has closed $13.5M in Series B funding led by existing investors, North Bridge Venture Partners and Kodiak Venture Partners, which co-led Series A funding of $7.5M. Also participating in the financing round are returning investor Borealis Ventures and Needham Capital Partners.
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