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FARO company logo
Corporation
ELECTRONICS | Technical & Scientific Instrumentation
faro.com

Investments

1

Partners & Customers

10

About FARO

FARO ( Nasdaq: FARO) develops 3D measurement technology. It provides and markets computer-aided measurement and imaging devices and software. Its devices are used for inspecting components and assemblies, rapid prototyping, documenting spaces or structures in 3D, surveying, and construction, as well as for investigation and reconstruction of accident sites or crime scenes. FARO provides its services to aerospace, defense, architecture engineering and construction, automotive, energy and natural resources, fire investigation and more industries. The company was founded in 1981 and is based in Lake Mary, Florida.

Headquarters Location

250 Technology Park

Lake Mary, Florida, 32746,

United States

407-333-9911

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Expert Collections containing FARO

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find FARO in 2 Expert Collections, including Job Site Tech.

J

Job Site Tech

460 items

Companies offering tech solutions for the future of the job site for industries like construction, mining, discrete and process manufacturing, oil & gas, forestry, and more

C

Construction Tech

873 items

Companies using technology to improve processes in the construction industry.

Latest FARO News

3.7 earthquake on the Richter scale felt in the municipalities of Albufeira and Loulé – Portugal

Mar 17, 2023

March 17, 2023 An earthquake of magnitude 3.7 on the Richter scale was felt this Friday in the municipalities of Albufeira and Loulé, in the district of Faro, without causing personal or material damage, according to the Portuguese Institute of the Sea and the Atmosphere (IPMA). In a statement, the IPMA said that the earthquake had its epicenter about 4 kilometers northeast of Albufeira and was recorded at 03:35 at the stations of the Mainland Seismic Network. This shock was felt with maximum intensity IV/V (modified Mercalli scale) in the municipalities of Albufeira and Loulé (Faro). It was even felt with less intensity in the municipalities of Faro, Lagoa, Portimão and Silves (Faro). Earthquakes are classified according to their magnitude as micro (less than 2.0), very small (2.0-2.9), small (3.0-3.9), slight (4.0-4.9 ), moderate (5.0-5.9), strong (6.0-6.9), large (7.0-7.9), important (8.0-8.9), exceptional (9. 0-9.9) and extreme (greater than 10). The maximum intensity IV (moderate) and V (strong) of the modified Mercalli scale means that the vibration is similar to that caused by passing vehicles, parked cars sway, windows and doors shake and is felt outside the home. *The article has been translated based on the content of Correio da Manhã by www.cmjornal.pt . If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much! *We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language. *We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards! Report Content

FARO Investments

1 Investments

FARO has made 1 investments. Their latest investment was in present4D as part of their Corporate Minority on May 5, 2018.

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FARO Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/3/2018

Corporate Minority

present4D

Yes

1

Date

5/3/2018

Round

Corporate Minority

Company

present4D

Amount

New?

Yes

Co-Investors

Sources

1

FARO Acquisitions

15 Acquisitions

FARO acquired 15 companies. Their latest acquisition was SiteScape on December 01, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

12/1/2022

$99M

Acquired

6

9/1/2022

$99M

Acquired

13

6/7/2021

Debt

$99M

$2.93M

Acquired

6

8/21/2020

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$99M

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10

7/16/2018

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$99M

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10

Date

12/1/2022

9/1/2022

6/7/2021

8/21/2020

7/16/2018

Investment Stage

Debt

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$2.93M

Note

Acquired

Acquired

Acquired

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Sources

6

13

6

10

10

FARO Partners & Customers

10 Partners and customers

FARO has 10 strategic partners and customers. FARO recently partnered with Boston Dynamics on November 11, 2019.

Date

Type

Business Partner

Country

News Snippet

Sources

11/11/2019

Partner

United States

Unlocking Jobsite Data with Spot. Boston Dynamics Announces Construction Partnerships with HoloBuilder, FARO, and Trimble at Autodesk University.

`` With the partnership between FARO Technologies , Inc. and Boston Dynamics we are dramatically closer to meeting our customers ' demands for making scanning in construction an autonomous operation '' states Scott Diaz , Director of Business Development , AEC , FARO Technologies , Inc. `` This will be FARO Technologies , Inc. 's first live demonstration to show intent to meet customer and industry demand . ''

2

2/21/2019

Partner

Netherlands

ATS and Faro Announce Partnership - ATS Global

This partnership allows both companies to combine their forces by offering Faro 's devices completed with ATS CM4D -- product quality validation software , which compares the physical properties of a product with its original CAD design.Customers including Ford Motor Company have already adopted ATS CM4D as their global standard .

1

10/2/2018

Partner

United States

Airborne 3D scanning from FARO & STORMBEE

FARO Technologies , Inc. ® and STORMBEE have partnered to combine FARO Technologies , Inc. 's highly accurate laser scanners with STORMBEE 's durable drones for 3D data capture for crash reconstruction , security pre-planning and military reconnaissance applications .

3

5/24/2017

Partner

United States

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10

5/24/2017

Vendor

United States

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10

Date

11/11/2019

2/21/2019

10/2/2018

5/24/2017

5/24/2017

Type

Partner

Partner

Partner

Partner

Vendor

Business Partner

Country

United States

Netherlands

United States

United States

United States

News Snippet

Unlocking Jobsite Data with Spot. Boston Dynamics Announces Construction Partnerships with HoloBuilder, FARO, and Trimble at Autodesk University.

`` With the partnership between FARO Technologies , Inc. and Boston Dynamics we are dramatically closer to meeting our customers ' demands for making scanning in construction an autonomous operation '' states Scott Diaz , Director of Business Development , AEC , FARO Technologies , Inc. `` This will be FARO Technologies , Inc. 's first live demonstration to show intent to meet customer and industry demand . ''

ATS and Faro Announce Partnership - ATS Global

This partnership allows both companies to combine their forces by offering Faro 's devices completed with ATS CM4D -- product quality validation software , which compares the physical properties of a product with its original CAD design.Customers including Ford Motor Company have already adopted ATS CM4D as their global standard .

Airborne 3D scanning from FARO & STORMBEE

FARO Technologies , Inc. ® and STORMBEE have partnered to combine FARO Technologies , Inc. 's highly accurate laser scanners with STORMBEE 's durable drones for 3D data capture for crash reconstruction , security pre-planning and military reconnaissance applications .

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Sources

2

1

3

10

10

FARO Team

2 Team Members

FARO has 2 team members, including former Chief Financial Officer, Laura Murphy.

Name

Work History

Title

Status

Laura Murphy

Chief Financial Officer

Former

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Name

Laura Murphy

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Work History

Title

Chief Financial Officer

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Status

Former

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