About ThingWorx
ThingWorx is a company based in Boston (United States) founded in 2009 was acquired by PTC in December 2013. ThingWorx has raised $18.4 million across 3 funding rounds from investors including PTC and Safeguard Scientifics. The company has 2,559 employees as of December 31, 2023. ThingWorx has completed 1 acquisition, including Palantiri Systems. ThingWorx operates in a competitive market with competitors including PubNub, Uptime AI, Augury, Uptake and TRACTIAN, among others.
- Headquarter Boston, United States
- Employees 2559 as on 31 Dec, 2023
-
Sectors
TechnologyIndustrial Goods & Manufacturing
-
Phone
Locked
-
Website
Locked
- Legal Name Ptc Inc.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of ThingWorx
Unlock access to complete
Unlock access to complete
Software Development Team
251 people
Leadership Team
130 people
Sales and Marketing
102 people
Product Management Team
58 people
Senior Team
44 people
Operations Team
35 people
Principal Team
24 people
Human Resources and Administration
22 people
Unlock access to complete
Funding Insights of ThingWorx
ThingWorx has successfully raised a total of $18.4M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $8 million completed in February 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in ThingWorx
ThingWorx has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include PTC and Safeguard Scientifics.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm investing in early and growth stage companies
|
Locked | Locked | Locked | |
|
PTC is recognized as a global leader in product lifecycle management software.
|
Locked | Locked | Locked |
Investor details for ThingWorx
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by ThingWorx
ThingWorx has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Palantiri Systems.
Investment portfolio details for ThingWorx
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Real-time M2M device connections are facilitated by cloud-based software.
|
Locked | Locked | 2008 | Locked |
Complete acquisition details for ThingWorx
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - ThingWorx
Detailed financials for ThingWorx
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Thingworx Comparisons
Peer comparison for ThingWorx
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of ThingWorx
ThingWorx 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 PubNub, Uptime AI, Augury, Uptake and TRACTIAN, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Real-time app development is facilitated via cloud-based infrastructure.
|
|
| Locked | Locked | Locked |
Provider of cloud based management solutions
|
|
| Locked | Locked | Locked |
Provider of IoT and cloud-based machine analytics and predictive maintenance solutions
|
|
| Locked | Locked | Locked |
Cloud-based predictive analytics platform is utilized for asset maintenance insights.
|
|
| Locked | Locked | Locked |
Provider of industrial maintenance and reliability solutions using sensors and software
|
Detailed competitors of ThingWorx
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Thingworx
Complete news archive for ThingWorx
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about ThingWorx
ThingWorx was founded in 2009 and raised its 1st funding round 2 years after it was founded.
ThingWorx is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
ThingWorx is a funded company, having raised a total of $18.4M across 3 funding rounds to date.
As of Dec 31, 2023, the latest employee count at ThingWorx is 2,559.
ThingWorx was founded in 2009 in Boston, United States, as a platform for developing and deploying applications tailored to connected devices. Operations center on the industrial Internet of Things sector, where tools are provided for application development to support operational processes and resource management. The company was acquired by PTC for 112 million in December 2013, integrating its capabilities into broader product lifecycle management services.
ThingWorx has made 1 acquisition, including Palantiri Systems.
ThingWorx has 2 investors. Key investors include PTC, and Safeguard Scientifics.