Mastercam

Tolland, United States Founded: 1983 • Age: 43 yrs Acquired By Sandvik
CAM software for CNC programming and multi-tool operations is offered.
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About Mastercam

Mastercam is a company based in Tolland (United States) founded in 1983 was acquired by Sandvik in August 2021.. Mastercam has completed 2 acquisitions, including Mcamnw and Shopwareinc. Mastercam operates in a competitive market with competitors including CloudNC, Vero S, Cimatron, OPEN MIND Technologies and GibbsCAM, among others.

  • Headquarter Tolland, United States
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cnc Software Llc
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Mcamnw

    & 1 more

  • Acquired by
    Sandvik

    (Aug 25, 2021)

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People of Mastercam
Headcount 50-200
Employee Profiles 53
Board Members and Advisors 3
Employee Profiles
People
T.J. Boberek
Principal Software Architect
People
Geoff Nevins
Chief Operating Officer
People
Meghan West
President and CEO
People
Gary Hargreaves
Chief Legal Officer

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Board Members and Advisors
people
Jamie Summers
Owner
people
Mark Summers
Chairman
people
Brian Summers
Marketing Advisor

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Funding Insights of Mastercam

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Mastercam

Mastercam has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sandvik. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Mining and construction equipment tools are manufactured and supplied.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Mastercam

Mastercam has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Mcamnw and Shopwareinc. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of CAD/CAM software and related services
1998
The company provides software and support for computer-aided manufacturing
1992
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Mastercam

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mastercam Comparisons

Employees
+
Add Comparison
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Competitors of Mastercam

Mastercam 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 CloudNC, Vero S, Cimatron, OPEN MIND Technologies and GibbsCAM, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
CNC machines are controlled and optimized through cloud-based AI solutions.
domain founded_year HQ Location
Provider of CAD & CAM software solution
domain founded_year HQ Location
3D modeling and CAD/CAM software are supplied for manufacturing processes.
domain founded_year HQ Location
CAD CAM software for 2d 3d 5-axis milling
domain founded_year HQ Location
CAM software is utilized for CNC machine programming by GibbsCAM.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Mastercam

Frequently Asked Questions about Mastercam

When was Mastercam founded?

Mastercam was founded in 1983.

Where is Mastercam located?

Mastercam is headquartered in Tolland, United States. It is registered at Tolland, Connecticut, United States.

What does Mastercam do?

Founded in 1983 and headquartered in Tolland, United States, Mastercam specializes in CAM software for numerical control programming. Solutions are developed for milling, turning, wire EDM, free-form modeling, cutting, and mill-turn processes. These tools support industries such as aerospace, energy, pharmaceuticals, consumer goods, and heavy manufacturing, enabling efficient operations across diverse sectors.

Who are the top competitors of Mastercam?

Mastercam's top competitors include CloudNC, Cimatron and GibbsCAM.

How many acquisitions has Mastercam made?

Mastercam has made 2 acquisitions, including Mcamnw, and Shopwareinc.

Who are Mastercam's investors?

Mastercam has 1 investor. Key investors include Sandvik.

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