IQMS
Latest round
- Series B
Last raised
- Jul 2015
Total raised
- $40M
Investors
- 2
About IQMS
IQMS Inc.Founded in 1989 and headquartered in Paso Robles, US, IQMS Inc. offers manufacturing ERP solutions tailored for the mid-market. The company has undergone significant growth, culminating in its acquisition by Dassault Systemes in January 2019, following a TRADE SALE agreement in December 2018.DELMIAWorks provides a comprehensive end-to-end Manufacturing ERP system specifically designed for mid-market manufacturers. This platform integrates functionalities such as manufacturing execution systems (MES), financial management, quality management, and supply chain management, all with a focus on enhancing shop floor operations. It serves a diverse clientele, from startups needing to upgrade from basic accounting software to larger mid-sized manufacturers requiring improved operational visibility.DELMIAWorks generates revenue through a subscription-based model, with clients paying for access to its ERP software solutions. This includes tailored modules for different operational needs, such as financial management and inventory control. The company focuses on establishing B2B partnerships, directly offering its products to manufacturing firms.In December 2018, IQMS Inc. was acquired by Dassault Systemes, which will leverage its resources to support future product development and market expansion initiatives. Plans are underway to enhance the DELMIAWorks platform with new functionalities aimed at improving user experience and operational efficiency. The company is targeting further expansion into European and Asian markets with specific initiatives planned for 2023, utilizing the capital from the recent TRADE SALE to enhance product offerings and strengthen its market presence.
Who invested in IQMS
2 investors across 2 rounds
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Questions about IQMS
Who invested in IQMS?
IQMS has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has IQMS raised?
IQMS has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did IQMS last raise money?
IQMS's most recent round on record is a Series B, in Jul 2015.
What does IQMS do?
IQMS is a software company.
Where is IQMS headquartered?
IQMS is headquartered in Paso Robles, US.
Which VCs invest in companies like IQMS?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at IQMS's stage. Their profiles are linked below.
VCs backing software startups at Series B
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