About GlobalSpec
GlobalSpec is a company based in East Greenbush (United States) founded in 1996 was acquired by CompareNetworks in July 2020. GlobalSpec has raised $20 million across 1 funding round from investors including IHS Markit, IEEE and CompareNetworks. The company has 211 employees as of December 31, 2022. GlobalSpec operates in a competitive market with competitors including ORDITAL, MachiningCloud, NIMBLE, Smart Market Intelligence and PLANTAXIS, among others.
- Headquarter East Greenbush, United States
- Employees 211 as on 31 Dec, 2022
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Ieee Globalspec, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$20 M (USD)
in 1 rounds
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Latest Funding Round
$20 M (USD), Series B
Nov 18, 1999
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Investors
IHS Markit
& 3 more
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Employee Count
211
as on Dec 31, 2022
- Acquired by
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Funding Insights of GlobalSpec
GlobalSpec has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Series B round of $20 million completed in November 1999. 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 GlobalSpec
GlobalSpec has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include IHS Markit, IEEE and CompareNetworks.
| Investor | Description | Founded Year | Domain | Location |
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Multi-stage private equity investments are pursued across diverse sectors.
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Online data source platform for information, analytics, and solutions for governments and financial markets
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Technology and engineering disciplines are advanced through educational initiatives.
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Investor details for GlobalSpec
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Investments & Acquisitions by GlobalSpec
Investment portfolio details for GlobalSpec
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Financial Statements - GlobalSpec
Detailed financials for GlobalSpec
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Globalspec Comparisons
Peer comparison for GlobalSpec
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of GlobalSpec
GlobalSpec 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 ORDITAL, MachiningCloud, NIMBLE, Smart Market Intelligence and PLANTAXIS, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Data capture solutions for asset management are offered by ORDITAL.
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Provides a cloud-based solution for managing tool data and assemblies in manufacturing.
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Cloud-based platform enabling B2B connectivity for supply chain management.
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Provides market intelligence focused on the air conditioning industry.
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Provides equipment information and solutions for factory operations.
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Detailed competitors of GlobalSpec
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Latest news on Globalspec
Complete news archive for GlobalSpec
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Frequently Asked Questions about GlobalSpec
GlobalSpec was founded in 1996 and raised its 1st funding round 3 years after it was founded.
GlobalSpec is headquartered in East Greenbush, United States. It is registered at East Greenbush, New York, United States.
GlobalSpec is a funded company, having raised a total of $20M across 1 funding round to date.
As of Dec 31, 2022, the latest employee count at GlobalSpec is 211.
GlobalSpec has developed a search engine of engineering and industrial products. The company has indexed over 180 million parts divided into more than 2 million product families, from over 24000 manufacturer and distributor catalogs. GlobalSpec is a domain specific tool, in that its focused domain allows for optimized results. GlobalSpec has partnerships with several well-known companies, including: AltaVista, IEEE, ISA, McGraw Hill and SolidWorks. SolidWorks has embedded access to GlobalSpecs search engine inside its computer-aided design software. Warburg Pincus, a PE firm sold GlobalSpec to IHS in 2012.
GlobalSpec's top competitors include ORDITAL, MachiningCloud and NIMBLE.
GlobalSpec has 4 investors. Key investors include IHS Markit, IEEE, CompareNetworks, and Warburg Pincus.