Parsec Automation Corp.

Anaheim, United States Founded: 1987 • Age: 39 yrs
Real-time operations and performance management software is developed for manufacturing.
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About Parsec Automation Corp.

Parsec Automation Corp. is a company based in Anaheim (United States) founded in 1987.. Parsec Automation Corp. offers products and services including TrakSYS, Inventory Management, and Quality Management. Parsec Automation Corp. operates in a competitive market with competitors including MAVERICK Technologies, Luminovo, ATS Applied Tech Systems, China Intelligence and Steelhead Technologies, among others.

  • Headquarter Anaheim, United States
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Parsec Automation, 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
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Products & Services of Parsec Automation Corp.

Parsec Automation Corp. offers a comprehensive portfolio of products and services, including TrakSYS, Inventory Management, and Quality Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Software for real-time manufacturing operations and data analysis

System to control inventory and improve production efficiency

Tool for real-time insights into quality issues and process control

People of Parsec Automation Corp.
Headcount 50-200
Employee Profiles 24
Employee Profiles
People
Mitchell Saulnier
Solutions Architect
People
Eddy Azad
CEO
People
Alissa Colaruotolo
Software Implementation Engineer
People
Cody Boardman
Head Of Global Sales

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Funding Insights of Parsec Automation Corp.

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2023 Amount Private Equity Round - Parsec Automation Corp. Valuation Bessemer Venture Partners
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 Parsec Automation Corp.

Parsec Automation Corp. has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners. 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
Venture Fund
Investor Description Founded Year Domain Location
Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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 Parsec Automation Corp.

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

Financial Statements - Parsec Automation Corp.

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

Parsec Automation Corp. Comparisons

Employees
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Competitors of Parsec Automation Corp.

Parsec Automation Corp. 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 MAVERICK Technologies, Luminovo, ATS Applied Tech Systems, China Intelligence and Steelhead Technologies, 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
Industrial automation and process control solutions are delivered to manufacturing.
domain founded_year HQ Location
Software suite for electronics supply chain management is provided.
domain founded_year HQ Location
Products and services for automation pyramid levels are provided.
domain founded_year HQ Location
Cloud-based solutions for manufacturing and logistics are provided.
domain founded_year HQ Location
Provider of a platform offering reporting and dashboarding solutions
domain founded_year HQ Location
MES software is supplied for high-tech manufacturing sectors.
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 Parsec Automation Corp.

Frequently Asked Questions about Parsec Automation Corp.

When was Parsec Automation Corp. founded?

Parsec Automation Corp. was founded in 1987 and raised its 1st funding round 36 years after it was founded.

Where is Parsec Automation Corp. located?

Parsec Automation Corp. is headquartered in Anaheim, United States. It is registered at Anaheim, California, United States.

What does Parsec Automation Corp. do?

Parsec Automation Corp. was founded in 1987 and is headquartered in Anaheim, United States. TrakSYS software is provided for real-time operations and performance management in manufacturing. Key features encompass production planning, workflow management, inventory control, quality monitoring, and maintenance scheduling. Industries served include pharmaceuticals, food and beverage, automotive, metals, and process sectors, with operations extending to the United States and international markets.

Who are the top competitors of Parsec Automation Corp.?

Parsec Automation Corp.'s top competitors include MAVERICK Technologies, Luminovo and ATS Applied Tech Systems.

What products or services does Parsec Automation Corp. offer?

Parsec Automation Corp. offers TrakSYS, Inventory Management, and Quality Management.

Who are Parsec Automation Corp.'s investors?

Parsec Automation Corp. has 1 investor. Key investors include Bessemer Venture Partners.

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