Ciespace

Santa Clara, United States Founded: 2004 • Age: 22 yrs Acquired By ESI Group
Cloud-based CAE platform is developed for engineering sectors.

About Ciespace

Ciespace is an Industrial Goods & Manufacturing company based in Santa Clara (United States) founded in 2004, and was acquired by ESI Group in April 2015. Cloud-based CAE platform is developed for engineering sectors. Ciespace has raised $5 million across 3 funding rounds from investors including ESI Group, Arch Venture Partners and Innovation Works. The company was acqui-hired. Its focus areas include Enterprise Applications, Manufacturing Tech, Product Design & Development and Computer-Aided Engineering. Its competitors include Altair, Tech Soft and nTopology; 2 of its 3 listed competitors have raised funding.

Company details

Ciespace was founded in 2004 in Santa Clara, United States, where advanced 3D digital modeling and analysis solutions are developed and marketed. Aerospace, automotive, industrial, and government markets are served through an open engineering platform designed for mid-market manufacturers. Collaboration is facilitated, product quality is enhanced, and design cycles are shortened via on-demand subscription and usage-based pricing, which reduces digital simulation costs in global operations.

  • Headquarters Santa Clara, United States
  • Stage Acquired
  • Sectors
    Industrial Goods & Manufacturing
  • Website ciespace.com
  • Social LinkedIn X
  • Acquired by ESI Group (Apr 2015)
Key Metrics
  • Total Equity Funding
    $5M (USD)

    in 3 rounds

  • Latest Funding Round
    $1M (USD), Series A

    Jan 2013

  • Investors
    ESI Group

    & 3 more

  • Acquired by
    ESI Group

    (Apr 2015)

Funding Insights of Ciespace

Ciespace has successfully raised a total of $5M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1 million completed in January 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $5M
  • Total Rounds 3
  • Last Round Series A β€” $1M
  • Investors Count 3

All 3 funding rounds of Ciespace with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2013$1MSeries A––
–
Aug 2010$4MSeries A–Arch Venture Partners, UTEC
–
Jun 2007Seed––
Valuation history

4 investors in total: 4 institutional.

Investors in Ciespace

Ciespace has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include ESI Group, Arch Venture Partners and Innovation Works.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on life science companies
1986archventure.comChicago, United States
Seed and Early stage VC firm investing in Japan
ut-ec.co.jpTokyo, Japan
Software, hardware, and life sciences startups are funded and accelerated.
1999innovationworks.orgPittsburgh, United States
Design and simulation software is supplied to industrial manufacturers worldwide.
1973esi-group.comParis, France
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Investor details for Ciespace

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of Ciespace

4 dated milestones of Ciespace across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ciespace is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series A, of $1.0M.
  4. Exit Acquired by ESI Group.

Competitors of Ciespace

Ciespace has 3 listed competitors in our database, 2 of them funded. They include Altair, Tech Soft and nTopology.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
altair.com1985Troy, United States$35.05M831
AI-powered data science platform enables model deployment and analytics insights.
techsoft3d.com1996Berkeley, United States49
Provide 3D designing softwares for developers
ntop.com2015New York, United States$132.6M103
Computational design software is provided to accelerate product development.
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Detailed competitors of Ciespace

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Manufacturing Tech Solutions

3 companies that operate in the same segment as Ciespace (Manufacturing Tech Solutions) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based ERP software is offered for multiple industries.
2002New York, New York, United StatesUSD 1.52 BUSD 3.17 B22,153
Platform for on-demand distributed manufacturing and prototyping is provided.
2013Gaithersburg, Maryland, United StatesUSD 200.44 MUSD 686.63 M1,090
AI-based robotic arms are developed for industrial automation tasks.
2010San Francisco, California, United StatesUSD 123.02 M
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Frequently Asked Questions about Ciespace

Ciespace was founded in 2004 and raised its 1st funding round 3 years after it was founded.

Ciespace is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.

Ciespace is a funded company, having raised a total of $5M across 3 funding rounds to date.

Ciespace was founded in 2004 in Santa Clara, United States, where advanced 3D digital modeling and analysis solutions are developed and marketed. Aerospace, automotive, industrial, and government markets are served through an open engineering platform designed for mid-market manufacturers. Collaboration is facilitated, product quality is enhanced, and design cycles are shortened via on-demand subscription and usage-based pricing, which reduces digital simulation costs in global operations.

Ciespace's top competitors include Altair, Tech Soft and nTopology.

Ciespace has 4 investors. Key investors include ESI Group, Arch Venture Partners, Innovation Works, and UT-EC Japan.

Yes. Ciespace was acquired by ESI Group in April 2015.

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