About Itus Digital
Itus Digital is a Technology company based in Roanoke (United States) founded in 2018 by Joe Nichols and Jason Cline, and was acquired by Hexagon in April 2024. Digital twin solutions for asset performance management are provided. It operates in the Technology and Industrial Goods & Manufacturing sectors. Its focus areas include High Tech, Digital Twin, Digital Twin Platforms and Products. Its competitors include Matterport, Hexagon and MoBagel; 3 of its 3 listed competitors have raised funding.
Company details
Itus Digital provides digital twin-based asset performance management solution. Claims to enable mitigation of asset failure risk and emerging threats through embedded digital twin library that supports 181 equipment classes. Supports on-premises cloud deployment options and utilizes real-time indicators, health scoring, excursion event logging for analyzing the current state of assets detect emerging threats.
- Headquarters Roanoke, United States
- Founders Joe Nichols, Jason Cline
- Stage Acquired
- SectorsTechnologyIndustrial Goods & Manufacturing
- Email••••••••
- Website itusdigital.com
- Social LinkedIn X
- Acquired by Hexagon (Apr 2024)
Investors in Itus Digital
Itus Digital has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Hexagon.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Hexagon is recognized for delivering advanced measurement and automation technologies. | 1980 | hexagon.com | Stockholm, Sweden |
Investor details for Itus Digital
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People of Itus Digital
4 people are tracked at Itus Digital (2 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Joe Nichols | Co-Founder & President | Leadership |
Jason Cline | Co-Founder & CTO | Leadership |
David Wardell | Devops Leader | Team |
Rachel Wagner | Sales Account Executive | Team |
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Timeline of Itus Digital
2 dated milestones of Itus Digital across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Itus Digital is founded.
- Exit Acquired by Hexagon.
Competitors of Itus Digital
Itus Digital has 3 listed competitors in our database, 3 of them funded. They include Matterport, Hexagon and MoBagel.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| matterport.com | 2011 | Sunnyvale, United States | $163.18M | 497 | Provider of cloud and AI-based virtual tour solutions for construction professionals | |
| pas.com | 1993 | Houston, United States | $40M | 111 | Threat detection and vulnerability assessment for ICS/DCS/SCADA are provided. | |
| mobagel.com | 2009 | Mountain View, United States | $5.16M | IoT analytics software is offered for device manufacturers and designers. |
Detailed competitors of Itus Digital
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Top companies in Digital Twin & Simulation Platforms
3 companies that operate in the same segment as Itus Digital (Digital Twin & Simulation Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of AI models to generate and understand interactive 3D environments | 2023 | San Francisco, California, United States | USD 1.23 B | 105 | ||
Provider of cloud and AI-based virtual tour solutions for construction professionals | 2011 | Sunnyvale, California, United States | USD 163.18 M | |||
Construction sites are monitored via AI-powered SaaS technology. | 2017 | San Francisco, California, United States | USD 198.7 M |
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Related news about Itus Digital
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Frequently Asked Questions about Itus Digital
Itus Digital was founded in 2018.
Itus Digital is headquartered in Roanoke, United States. It is registered at Roanoke, Virginia, United States.
Itus Digital provides digital twin-based asset performance management solution. Claims to enable mitigation of asset failure risk and emerging threats through embedded digital twin library that supports 181 equipment classes. Supports on-premises cloud deployment options and utilizes real-time indicators, health scoring, excursion event logging for analyzing the current state of assets detect emerging threats.
Itus Digital's top competitors include Matterport, MoBagel and Hexagon.
Itus Digital has 1 investor. Key investors include Hexagon.
Yes. Itus Digital was acquired by Hexagon in April 2024.