About ViRTEK
ViRTEK is a company based in Waterloo (Canada) founded in 1986 was acquired by Gerber Technology in August 2008.. ViRTEK operates in a competitive market with competitors including Cumulus Digital Systems, Sparta Systems, MicroDynamics, SensoVision and BuildStream, among others.
- Headquarter Waterloo, Canada
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Gerber Technology
(Aug 29, 2008)
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Funding Insights of ViRTEK
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ViRTEK
ViRTEK has secured backing from 1 investor. Prominent investors backing the company include Gerber Technology. 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.
| Investor | Description | Founded Year | Domain | Location |
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PLM solutions are provided for fashion design and manufacturing.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ViRTEK
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ViRTEK
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Virtek Comparisons
Competitors of ViRTEK
ViRTEK 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 Cumulus Digital Systems, Sparta Systems, MicroDynamics, SensoVision and BuildStream, 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 |
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| domain | founded_year | HQ Location |
Cloud-based platform for construction operations and maintenance management is provided.
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Cloud-based quality management software is offered for organizational processes.
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| domain | founded_year | HQ Location |
Quality inspection software solutions for printing are provided by MicroDynamics.
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| domain | founded_year | HQ Location |
Vision-based quality inspection solutions are provided for manufacturing.
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Online staffing marketplace for construction sector workers is operated.
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Compliance software for regulated industries
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ViRTEK
When was ViRTEK founded?
ViRTEK was founded in 1986.
Where is ViRTEK located?
ViRTEK is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.
Who is the current CEO of ViRTEK?
Bob Sandiness is the current CEO of ViRTEK.
What does ViRTEK do?
Virtek Vision International ULC is a market leader in laser projection and quality inspection systems for various industries. It caters to industries such as aerospace, construction, oil gas, and transportation. It provides solutions for application such as laser templating, composite manufacturing, sheet metal inspection, welded assembly, prefab construction, and heavy equipment fabrication. Its product offerings include Virtek Iris 3D, Virtek LaserEdge, Virtek QC, Virtek Iris SPS, and Virtek TrussLine. Virtek Iris 3D system is an advanced software for laser-guided assembly with new integrated vision technology and it reduces maintenance time with field-replaceable components.
Who are the top competitors of ViRTEK?
ViRTEK's top competitors include Cumulus Digital Systems, Sparta Systems and MicroDynamics.
Who are ViRTEK's investors?
ViRTEK has 1 investor. Key investors include Gerber Technology.
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