How Much Did Automation Software & Engineering Raise?
Funding & Key Investors

Automation Software & Engineering has secured significant capital, with a total funding amount of $407K. The company recently announced a major strategic investment, bringing in $257K in its latest funding round. This substantial backing underscores the company's established position in the industrial automation and software solutions market, particularly given its large-scale late-stage funding context.

What is Automation Software & Engineering?

Automation Software & Engineering
Business ServicesSoftware TestingEngineering Software

Founded in 1990, Automation Software & Engineering (AS&E) specializes in providing comprehensive productivity solutions for industrial clients. The company leverages deep expertise in the design and implementation of process monitoring, control, and machine vision systems. With a proven track record across numerous factory environments, AS&E excels at identifying and mitigating potential production challenges before they lead to downtime or impact profitability. Their tailored engineering and software development services, spanning Windows, Unix, and Open VMS platforms, are designed to expedite product development and enhance product quality and cost efficiency. AS&E has delivered solutions to a diverse clientele, including major corporations like General Electric and ArcelorMittal, demonstrating their capacity to address complex automation, monitoring, and web-based application needs across various sectors.

How much funding has Automation Software & Engineering raised?

Automation Software & Engineering has raised a total of $407K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$257K

Debt (2020): $150K with participation from PPP

Debt (2021): $257K led by PPP

Key Investors in Automation Software & Engineering

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Automation Software & Engineering?

The recent major strategic investment signals a pivotal phase for Automation Software & Engineering, likely aimed at accelerating market penetration and expanding its service offerings. As a company with a long history of delivering advanced automation and control solutions, this capital infusion is expected to fuel further innovation in areas such as AI-driven process optimization and enhanced machine vision capabilities. The strategic nature of this financing suggests a focus on scaling operations, potentially through new market entries or the development of next-generation industrial software platforms. Automation Software & Engineering is well-positioned to capitalize on the growing demand for smart manufacturing and Industry 4.0 solutions, leveraging this investment to solidify its leadership in the industrial automation sector.

See full Automation Software & Engineering company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Business ServicesSoftware Testing
Business ServicesProject ManagementHolding Companies & Conglomerates
Business ServicesResearch & Development
Business ServicesResearch & Development

Frequently Asked Questions Regarding Automation Software & Engineering Financial Insights

What are the most recent funding rounds that Automation Software & Engineering has completed, and what were the funding rounds?
Automation Software & Engineering has recently completed 2 funding rounds: Debt on Feb 18, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Automation Software & Engineering has raised to date?
Automation Software & Engineering has raised a total of $407K in funding to date.
How many funding rounds has Automation Software & Engineering completed?
Automation Software & Engineering has completed 2 funding rounds.
How much funding did Automation Software & Engineering raise in its most recent funding round?
Automation Software & Engineering raised $257K in its most recent funding round.
Who are the lead investors in Automation Software & Engineering's latest funding round?
The lead investor in Automation Software & Engineering's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Automation Software & Engineering's history?
The largest funding round in Automation Software & Engineering's history was $257K.
See more information about Automation Software & Engineering