About ITI
ITI is an Industrial Goods & Manufacturing company based in Milford Center (United States) founded in 1983, and was acquired by Wipro in June 2019. CAD data migration, validation, and integration solutions are provided. It operates on a SaaS (Software-as-a-Service) and Professional Services model. ITI has completed 3 acquisitions, including Glacier Technologies, MechWorks and Proficiency. Its chief executive, as recorded, is Tom Gregory. ITI offers products and services including CADfix, CADIQ, and PLM Migration Solutions. Its focus areas include Technology, Software and Engineering Software. Its legal entity is International TechneGroup Incorporated. Its competitors include Onshape, Intergraph and Tech Soft; 1 of its 3 listed competitors has raised funding.
Company details
ITI, a Wipro Company, is engaged in delivering product data interoperability solutions for manufacturers. The company is focused on PLM solutions, CADCAMCAE software, and interoperability products. Services are provided across various sectors including engineering and manufacturing. Solutions such as CADfix and CADIQ are developed to address complex integration challenges. Enterprise-wide product development software issues are tackled through innovative tools and expertise.
- Headquarters Milford Center, United States
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website iti-global.com
- Social LinkedIn X Facebook
- Acquired by Wipro (Jun 2019)
- Legal Name International Technegroup Incorporated
- Latest Funding Round$642.51K (USD), Grant
Jan 2017
- InvestorsWipro
& 1 more
- Investments & AcquisitionsGlacier Technologies
& 2 more
- Acquired byWipro
(Jun 2019)
Products & Services of ITI
ITI offers a comprehensive portfolio of products and services, including CADfix, CADIQ, and PLM Migration Solutions.
CADfix is used for CAD-to-CAE model conversion solutions.
CADIQ is utilized for CAD model validation and comparison.
PLM Migration Solutions are offered for data management expertise.
Funding Insights of ITI
- Total Rounds 3
- Last Round Grant — $642,514
- Investors Count 1
All 3 funding rounds of ITI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2017 | $642,514 | Grant | – | – | |
| Oct 2015 | $1.46M | Grant | – | – | |
| May 2009 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in ITI
ITI has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Wipro and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Wipro is recognized as a consulting-led, AI-powered technology services company. | 1945 | wipro.com | Bengaluru, India |
Investor details for ITI
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People of ITI
2 people are tracked at ITI (2 in leadership).
| Name | Role | Group |
|---|---|---|
Tom Gregory | CEO | Leadership |
Geoffrey Butlin | Chairman & CEO | Leadership |
Complete people profiles for ITI
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Investments & Acquisitions by ITI
ITI has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Glacier Technologies, MechWorks and Proficiency.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Digital transformation services are provided by MechWorks to various clients. | mechworks.com | Bologna, Italy | 1998 | Feb 2018 | •••• | |
Data storage, networking, managed IT, and integration services are provided. | glacier-tech.com | El Paso, United States | 2004 | Feb 2016 | •••• | |
Online CAD data translation and migration software is offered. | proficiency.com | Tel Aviv, Israel | 1998 | Jul 2009 | •••• |
Complete acquisition details for ITI
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Timeline of ITI
7 dated milestones of ITI across 36 years, from founding to its latest funding, stage changes and deals.
- Founded ITI is founded.
- Funding First funding round.
- Acquisition Acquires Proficiency.
- Acquisition Acquires Glacier Technologies.
- Funding Latest funding round, Grant, of $643K.
- Acquisition Acquires MechWorks.
- Exit Acquired by Wipro.
Competitors of ITI
ITI has 3 listed competitors in our database, 1 of them funded. They include Onshape, Intergraph and Tech Soft.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| onshape.com | 2012 | Cambridge, United States | $348.69M | 98 | Cloud-based 3D CAD system is accessed via web browsers. | |
| intergraph.com | 1969 | Nashville, United States | 4,237 | Computer-aided design and geospatial intelligence software is supplied for enterprises. | ||
| techsoft3d.com | 1996 | Berkeley, United States | 49 | Provide 3D designing softwares for developers |
Detailed competitors of ITI
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Web traffic of ITI
The website of ITI (iti-global.com) receives about 4.4K visits a month.
- Monthly visits4.4K
▲ 4.4% vs previous month
Websites whose visitors overlap most with ITI. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
transcendata.com | transcendata.com | 100% | – | ||
| zwsoft.com | 85% | 181.3K | #236,057 | View details | |
skylightit.com | skylightit.com | 85% | – | ||
projects.zoho.com | projects.zoho.com | 53% | – | ||
| aconex.com | 53% | 2.3M | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for ITI
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- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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 ITI (Manufacturing Tech Solutions) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | USD 3.17 B | 22,153 | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 200.44 M | USD 686.63 M | 1,090 | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M |
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Related news about Iti
Complete news archive for ITI
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Frequently Asked Questions about ITI
ITI was founded in 1983 and raised its 1st funding round 26 years after it was founded.
ITI is headquartered in Milford Center, United States. It is registered at Milford Center, Ohio, United States.
Tom Gregory is the CEO of ITI, as recorded in our data.
ITI, a Wipro Company, is engaged in delivering product data interoperability solutions for manufacturers. The company is focused on PLM solutions, CADCAMCAE software, and interoperability products. Services are provided across various sectors including engineering and manufacturing. Solutions such as CADfix and CADIQ are developed to address complex integration challenges. Enterprise-wide product development software issues are tackled through innovative tools and expertise.
ITI's top competitors include Onshape, Tech Soft and Intergraph.
ITI offers CADfix, CADIQ, and PLM Migration Solutions.
ITI has made 3 acquisitions, including Glacier Technologies, MechWorks, and Proficiency.
ITI has 2 investors. Key investors include Wipro, and European Union.
ITI operates through International Technegroup Incorporated.
Yes. ITI was acquired by Wipro in June 2019.