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Corporation
SOFTWARE (NON-INTERNET/MOBILE) | Scientific, Engineering Software
ptc.com

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Investments

3

Portfolio Exits

2

Partners & Customers

10

Service Providers

1

About PTC

Parametric Technology Corporation (PTC) develops, markets, and supports integrated product development and lifecycle management solutions that help companies spur innovation and achieve sustained competitive advantage. The firm's software solutions are complemented by the strength and experience of its professional services organization, which provides training, consulting, and support to customers worldwide.

PTC Headquarter Location

121 Seaport Blvd

Boston, Massachusetts, 02210,

United States

781 370 5000

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The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing PTC

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

Find PTC in 3 Expert Collections, including Smart Money VCs (2017-2019).

S

Smart Money VCs (2017-2019)

6,297 items

We crunched the data to identify the 24 VC firms with the best combination of portfolio valuations and investment outcomes.

T

The Edge Computing Landscape

343 items

Edge computing companies facilitate workload deployment in addition to providing data processing and storage at the farthest reaches of the network. These edge computing companies range from data centers at the edge to workload management tools designed to orchestrate edge deploy

I

Internet of Things ( IoT )

3,149 items

PTC Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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PTC Rank

Research containing PTC

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned PTC in 2 CB Insights research briefs, most recently on Jul 7, 2021.

Latest PTC News

Parametric (PMTC) Shares Given New $27.00 Price Target by Analyst at Brigantine

Jan 26, 2012

Investment analysts at Brigantine boosted their price target on shares of Parametric (NASDAQ: PMTC) from $25.00 to $27.00 in a note issued to investors on Thursday. They currently have a “buy” rating on the company’s shares. Separately, analysts at Jefferies Group (NYSE: JEF) raised their price target on shares of Parametric to $23.00 in a research note to investors on Thursday, January 19th. They now have a “buy” rating on the stock. Analysts at Zacks Investment Re

PTC Investments

3 Investments

PTC has made 3 investments. Their latest investment was in Matterport as part of their Corporate Minority on June 6, 2019.

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PTC Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/12/2019

Corporate Minority

Matterport

Yes

3

8/26/2015

Series F

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$99M

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10

12/31/2002

Series A

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$99M

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10

Date

6/12/2019

8/26/2015

12/31/2002

Round

Corporate Minority

Series F

Series A

Company

Matterport

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Amount

$99M

$99M

New?

Yes

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Co-Investors

Sources

3

10

10

PTC Portfolio Exits

2 Portfolio Exits

PTC has 2 portfolio exits. Their latest portfolio exit was Matterport on July 22, 2021.

Date

Exit

Companies

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

Acquirer

Sources

7/22/2021

Reverse Merger

$991

9

00/00/0000

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$991

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10

Date

7/22/2021

00/00/0000

Exit

Reverse Merger

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Companies

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Valuation

$991

$991

Acquirer

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Sources

9

10

PTC Acquisitions

23 Acquisitions

PTC acquired 23 companies. Their latest acquisition was Arena Solutions on December 14, 2020.

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

12/14/2020

Growth Equity

$991

$139.67M

Acquired

5

9/30/2020

Acquired

1

10/23/2019

Series D - II

$991

$169M

Acquired

1

6/11/2019

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$99M

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10

11/20/2018

Series A

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$991

$99M

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10

Date

12/14/2020

9/30/2020

10/23/2019

6/11/2019

11/20/2018

Investment Stage

Growth Equity

Series D - II

Series A

Companies

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Valuation

$991

$991

$991

Total Funding

$139.67M

$169M

$99M

$99M

Note

Acquired

Acquired

Acquired

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Sources

5

1

1

10

10

PTC Partners & Customers

10 Partners and customers

PTC has 10 strategic partners and customers. PTC recently partnered with L&T Technology Services on June 6, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

6/3/2021

Partner

L&T Technology Services

India

LTTS Recognized by PTC for Excellence in Product Lifecycle Management. L&T Technology Services becomes first PTC GSI partner from APAC to receive Advanced Partner Status.

Bangalore , June 3 , 2021 : L&T Technology Services Limited , a global leading pure play engineering services company , announced today that it has achieved ` Advanced Partner ' status within the PTC program for demonstrating excellence in product lifecycle management .

1

4/21/2021

Client

Dixon

United States

Dixons Carphone PLC Taps PTC for New Retail PLM Cloud Solution.

`` With those as our selection criteria , PTC emerged as the best possible choice , and Dixon \'s Carphone are excited to deepen our relationship from here . ''

1

3/9/2021

Distributor

Fujitsu

Japan

IoT Platform Partnerships Continue to Gain Traction

Through the new partnership , Fujitsu and PTC hope to support shop floor efficiencies , enable customers to reduce costs , increase productivity , and redeploy previously idled assets .

1

2/16/2021

Licensor

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10

1/25/2021

Licensee

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10

Date

6/3/2021

4/21/2021

3/9/2021

2/16/2021

1/25/2021

Type

Partner

Client

Distributor

Licensor

Licensee

Business Partner

L&T Technology Services

Dixon

Fujitsu

Country

India

United States

Japan

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News Snippet

LTTS Recognized by PTC for Excellence in Product Lifecycle Management. L&T Technology Services becomes first PTC GSI partner from APAC to receive Advanced Partner Status.

Bangalore , June 3 , 2021 : L&T Technology Services Limited , a global leading pure play engineering services company , announced today that it has achieved ` Advanced Partner ' status within the PTC program for demonstrating excellence in product lifecycle management .

Dixons Carphone PLC Taps PTC for New Retail PLM Cloud Solution.

`` With those as our selection criteria , PTC emerged as the best possible choice , and Dixon \'s Carphone are excited to deepen our relationship from here . ''

IoT Platform Partnerships Continue to Gain Traction

Through the new partnership , Fujitsu and PTC hope to support shop floor efficiencies , enable customers to reduce costs , increase productivity , and redeploy previously idled assets .

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Sources

1

1

1

10

10

PTC Service Providers

1 Service Provider

PTC has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired

Investment Bank

Financial Advisor

Service Provider

Associated Rounds

Acquired

Provider Type

Investment Bank

Service Type

Financial Advisor

Partnership data by VentureSource

PTC Team

42 Team Members

PTC has 42 team members, including current Chief Executive Officer, President, James Heppelmann.

Name

Work History

Title

Status

Richards Massa

Founder

Current

James Heppelmann

Chief Executive Officer, President

Current

Clayton Hile

Chief Executive Officer

Current

Jesse Coors-Blankenship

President, Senior Vice President

Current

Jill Larsen

Chief People Officer, Executive Vice President

Current

Name

Richards Massa

James Heppelmann

Clayton Hile

Jesse Coors-Blankenship

Jill Larsen

Work History

Title

Founder

Chief Executive Officer, President

Chief Executive Officer

President, Senior Vice President

Chief People Officer, Executive Vice President

Status

Current

Current

Current

Current

Current

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