About Propelware
Propelware is a company based in Lakeville (United States) founded in 2000 by Joe Dwyer, and was acquired by Right Networks in December 2018. High-strength forgings and lifting equipment are manufactured for heavy loads.
Company details
Manufacturer of high-strength forgings and lifting equipment. These products are designed to withstand significant static and dynamic loads. The manufacturing process emphasizes quality, incorporating specialized materials and proprietary forging techniques. In-house toolmaking, forging, and machining capabilities ensure complete control over the production process, from design to finished product. Close collaboration with clients during the design phase optimizes the forging process, leading to reduced lead times and enhanced product performance. The result is superior quality forgings meeting stringent safety standards.
- Headquarters Lakeville, United States
- Founders Joe Dwyer
- Stage Acquired
- Website propelware.com
- Social LinkedIn X Facebook
- Acquired by Right Networks (Dec 2018)
- Investors
- Acquired byRight Networks
(Dec 2018)
Investors in Propelware
Propelware has secured backing from 1 investor. Prominent investors backing the company include Right Networks.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Hosted accounting applications are provided for cloud-based operations. | 2002 | rightnetworks.com | Hudson, United States |
Investor details for Propelware
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Propelware
1 people are tracked at Propelware (1 in leadership).
| Name | Role | Group |
|---|---|---|
Joe Dwyer | Founder & CTO | Leadership |
Complete people profiles for Propelware
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Propelware
2 dated milestones of Propelware across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Propelware is founded.
- Exit Acquired by Right Networks.
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Frequently Asked Questions about Propelware
Propelware was founded in 2000.
Propelware is headquartered in Lakeville, United States. It is registered at Lakeville, Minnesota, United States.
Manufacturer of high-strength forgings and lifting equipment. These products are designed to withstand significant static and dynamic loads. The manufacturing process emphasizes quality, incorporating specialized materials and proprietary forging techniques. In-house toolmaking, forging, and machining capabilities ensure complete control over the production process, from design to finished product. Close collaboration with clients during the design phase optimizes the forging process, leading to reduced lead times and enhanced product performance. The result is superior quality forgings meeting stringent safety standards.
Propelware has 1 investor. Key investors include Right Networks.
Yes. Propelware was acquired by Right Networks in December 2018.