# Advanced Diamond Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/advanced-diamond-technologies

- Industry: Semiconductors
- Headquarters: US
- Website: www.thindiamond.com
- Total disclosed funding: $2M
- Latest round: Series B (Sep 13, 2006)
- Investors on record: 3

## About

Advanced Diamond Technologies, Inc. specializes in developing and providing innovative diamond-based solutions for various industries, enhancing operational efficiency and user experiences through their advanced technology platforms.Founded in 2002 in the US by Orlando Auciello, Advanced Diamond Technologies, Inc. focuses on innovative diamond-based technologies. The company has participated in 12 deals, with its most recent funding round occurring on 16 December 2021, during which it raised USD 0.84 mn. The firm was acquired by Pearlman Enterprises, Inc., a portfolio company of The Stephens Group, in December 2021 to enhance capabilities within the stone fabrication sector.Advanced Diamond Technologies, Inc. offers a range of advanced technology platforms tailored to enhance user experience and improve operational efficiency for businesses. Their solutions cater to small to medium-sized enterprises as well as larger corporations, providing tools that boost productivity, reduce costs, and support informed decision-making. The company's products are marketed in key regions including North America, Europe, and parts of Asia, ensuring a broad customer reach.The company's revenue is primarily generated through a subscription-based model, allowing clients consistent access to its products and services. This model supports predictable budgeting for businesses while providing ongoing updates and support. Advanced Diamond Technologies, Inc. offers tiered pricing plans for various service levels, promoting long-term partnerships and consistent revenue streams.Following their most recent acquisition in December 2021, Advanced Diamond Technologies, Inc. aims to leverage new resources to expand into new market segments and geographic areas. There are plans to enhance their product offerings, although specific new products and launch dates have not been disclosed. The recent acquisition is expected to bolster Pearlman Enterprises, Inc.'s capabilities in the stone fabrication industry, aligning with their strategic growth initiatives.

## Funding rounds

- Series B, Sep 13, 2006, $1M — Illinois Ventures, Nomad Capital, LaSalle Investments
- Seed, Feb 28, 2005, $1M — Illinois Ventures, LaSalle Investments

## Investors

- Illinois Ventures (https://capitalatlas.ai/funds/illinois-ventures) — Seed, Series B
- LaSalle Investments — Seed, Series B
- Nomad Capital — Series B