The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

Stage

Series B | Alive

Total Raised

$13.28M

Last Raised

$13.28M | 22 yrs ago

About Simutech

Simutech is a Vancouver, Washington-based Media (Traditional) company.

Simutech Headquarter Location

Vancouver, Washington, 98683,

United States

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Latest Simutech News

TPC Training Acquires Simutech Multimedia, Strengthening its Digital...

Aug 4, 2020

Share Article TPC Training continues to accelerate its focus on investing in inventive technologies with the acquisition of Simutech Multimedia. Adding the Simutech simulations to our existing digital training offerings is a tremendous benefit to our customer base, who have come to expect innovative and experiential solutions from TPC Training. BUFFALO GROVE, Ill. (PRWEB)August 04, 2020 TPC Training , the leader in workforce training, performance, and compliance solutions, announced today the acquisition of Simutech Multimedia, a provider of simulation based training for maintenance and operations professionals across a wide range of industries. “Adding the Simutech simulations to our existing digital training offerings is a tremendous benefit to our customer base, who have come to expect innovative and experiential solutions from TPC Training. This enables us to add another hands-on training experience where learners can troubleshoot real world challenges in a virtual environment,” said Derek Dunaway, CEO at TPC Training. Simutech represents a key element of the company’s strategy of developing a comprehensive workforce management platform. The addition of Simutech’s training software to TPC’s digital training offering, in-person and virtual instructor led training, EHS solutions and compliance and certification programs allows TPC to add simulation learning to its already industry leading platform. The software is built on cutting edge technology and offers a gamified learning experience where students troubleshoot real world situations in a fully immersive virtual environment. The simulation training and troubleshooting system provided by Simutech will build upon the success of TPC Training’s current product portfolio in assisting the manufacturing industry with overcoming the workforce skills gap. Bridging this skills gap calls for innovative approaches, such as simulation training, to equip employees with the technical skills they need to succeed in the industry. “We are proud to be joining the TPC Training family and continuing our contribution to re-imagining the future of workforce growth and management,” said Samer Forzley, CEO of Simutech. “Both companies have been leaders in training and troubleshooting for many years and we look forward to combining our complementary strengths and common passion for providing immense value to our clients.” TPC Training continues to accelerate its focus on investing in inventive technologies that will streamline the delivery of workforce management offerings to its customer base. This is one of the largest acquisitions in TPC’s recent history and the company’s third acquisition in less than two years.

  • Where is Simutech's headquarters?

    Simutech's headquarters is located at Vancouver.

  • What is Simutech's latest funding round?

    Simutech's latest funding round is Series B.

  • How much did Simutech raise?

    Simutech raised a total of $13.28M.

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