Ciespace

company

About

Ciespace delivers a SaaS- based computer-aided engineering platform for advanced mechanical engineering design and analysis.

  • 11 - 50

Details

Last Funding Type
Series A
Last Funding Money Raised
$5M
Industries
Enterprise Software,Mechanical Engineering,SaaS,Software
Founded date
Jan 1, 2010
Number Of Employee
11 - 50
Operating Status
Active

Ciespace Corporation is an early stage software technology company based in Santa Clara, California, delivering an innovative Software-as-a-Service (SaaS) based computer-aided engineering (CAE) platform for advanced mechanical engineering design and analysis. The Ciespace solution will be the first commercially-available end-to-end CAE solution built entirely on an open, web services platform – leveraging the latest technology developments in cloud computing, high performance distributed networking, and advanced graphics processing – to deliver an entirely new paradigm of engineering design and analysis solutions.


The Ciespace mission is to empower engineers with the critical tools and technology to accelerate innovation in a rapidly-changing, internet-connected global engineering marketplace. Our goal is to provide mid-market manufacturing companies with an open, easily-extendable engineering platform that will allow organizations to more effectively compete on a global basis – enabling improved collaboration, higher product quality, and shorter product design cycles – all delivered through an on-demand variable subscription and usage-based pricing model, to significantly lower the overall cost of digital simulation.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$5M
Ciespace has raised a total of $5M in funding over 2 rounds. Their latest funding was raised on Aug 10, 2010 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 10, 2010 Series A $5M 1 ARCH Venture Partners Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Ciespace is funded by 1 investors. ARCH Venture Partners are the most recent investors.
Investor Name Lead Investor Funding Round
ARCH Venture Partners Yes Series A