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

Automation Software & Engineering has secured significant capital, with its total funding reaching $407K. The company recently announced a $257K in a major strategic investment, underscoring its position in the industrial automation and software solutions market. This latest financing round signifies a critical juncture for the company as it continues to scale its operations and expand its technological offerings.

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 excels in the design and implementation of process monitoring, control, and machine vision systems. With extensive experience across diverse factory environments, AS&E applies best practices to deliver effective automation, control, and vision solutions tailored to specific client requirements. Their expertise lies in proactively identifying and resolving production challenges to prevent downtime and ensure optimal productivity. AS&E develops Windows, Unix, and Open VMS-based systems, enhancing product quality and cost efficiency for industries ranging from manufacturing to financial institutions. Their team's depth and diversity enable rapid needs assessment and the delivery of results aligned with business objectives.

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

What's next for Automation Software & Engineering?

The recent major strategic investment, within the context of large-scale late-stage funding, positions Automation Software & Engineering for accelerated growth and market expansion. This capital infusion is expected to fuel further development of their advanced automation, control, and machine vision technologies. AS&E is likely to focus on enhancing its product suite, potentially exploring new industry verticals, and strengthening its market presence. The company's strategic direction will likely involve leveraging its established expertise to capture greater market share and solidify its reputation as a leader in industrial productivity solutions. Future initiatives may include expanding its engineering and software development capabilities to meet the evolving demands of its clientele.

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 ServicesSecurity Information and Event Management (SIEM)
Business ServicesSoftware Testing
Business ServicesSoftware Testing
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