About Frustum
Frustum is a company based in Boulder (United States) founded in 2014 was acquired by PTC in November 2018. Frustum has raised $3 million across 2 funding rounds from investors including PTC and Next47. Frustum operates in a competitive market with competitors including Tech Soft, GrabCAD, TOffeeAM, Mixed Dimensions and Vectorworks, among others.
- Headquarter Boulder, United States
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Funding Insights of Frustum
Frustum has successfully raised a total of $3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in June 2017. 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.
Investors in Frustum
Frustum has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include PTC and Next47.
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Venture investments in systems, infrastructure, and applications for enterprise founders.
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PTC is recognized as a global leader in product lifecycle management software.
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Investor details for Frustum
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Investments & Acquisitions by Frustum
Investment portfolio details for Frustum
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Financial Statements - Frustum
Detailed financials for Frustum
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Frustum Comparisons
Peer comparison for Frustum
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Competitors of Frustum
Frustum operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tech Soft, GrabCAD, TOffeeAM, Mixed Dimensions and Vectorworks, among others.
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Provide 3D designing softwares for developers
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Cloud-based design collaboration software
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Provider of AI and cloud-based 3D model fixing software
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3D model repair tools and content capture solutions are developed.
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CAD software for 3D modeling and design applications is developed.
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3D model fixing software is provided for 3D printing applications.
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Detailed competitors of Frustum
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Latest news on Frustum
Complete news archive for Frustum
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Frequently Asked Questions about Frustum
Frustum was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Frustum is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.
Frustum is a funded company, having raised a total of $3M across 2 funding rounds to date.
Frustum was founded in 2014 in Boulder, United States, as a software company in the engineering sector. Optimization tools for design and topology are developed through the Generate platform to support additive manufacturing geometries. Integration with Siemens NX software is being pursued for combined CAD, CAM, and CAE functions. A cloud-based solution is utilized to resolve design and feasibility challenges in additive processes.
Frustum's top competitors include GrabCAD, Tech Soft and Vectorworks.