Aras
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $500k | Series A | |
N/A | $4.2m | Series B | |
N/A | $12.4m | Series C | |
N/A | $6.3m | Late VC | |
N/A | $1.2m | Late VC | |
$1.0m | Late VC | ||
$2.8m | Late VC | ||
$40.0m | Late VC | ||
* | $70.0m | Series D | |
N/A | Secondary | ||
N/A | Growth Equity VC | ||
* | N/A | Merger | |
Total Funding | €126m |
Recent News about Aras
EditAras is a leading provider of enterprise Product Lifecycle Management (PLM) software, designed to support digital transformation initiatives for businesses across various industries. The company's core product, Aras Innovator, offers a platform-based approach that allows organizations to manage the entire lifecycle of a product from conception through design, manufacturing, and service. Aras Innovator is highly customizable, enabling companies to tailor the software to their specific needs while ensuring continuous upgrades without disrupting existing customizations.
Aras serves a diverse range of clients, including large enterprises in sectors such as aerospace, automotive, electronics, and industrial manufacturing. The company operates in the global PLM market, which is essential for businesses aiming to streamline their product development processes and improve operational efficiency.
The business model of Aras revolves around a subscription-based licensing system, where clients pay for access to the software and its continuous updates. This model ensures a steady revenue stream while providing clients with the latest features and improvements. Additionally, Aras generates income through professional services, including implementation, training, and support, helping clients maximize the value of their PLM investments.
Keywords: PLM software, digital transformation, customizable solutions, continuous upgrades, aerospace, automotive, electronics, industrial manufacturing, subscription-based, professional services.