What is mCube?
mCube Systems is a seasoned technology and business consulting firm with over three decades of experience, specializing in PLC design, digital manufacturing solutions, and bespoke software development tailored for the manufacturing industry. The company enhances operational efficiency for its clients through services like process simulation, robotic programming, and systems integration. mCube primarily targets businesses in the automotive and manufacturing sectors across North America and Asia, distinguishing itself through adaptability and expertise in emerging technologies, ensuring robust project delivery and effective problem resolution.
How much funding has mCube raised?
mCube has raised a total of $48.2M across 3 funding rounds:
Series B
$10.8M
Series C
$37M
Debt
$350K
Series B (2011): $10.9M with participation from Eastward Capital Partners and Streamlined Ventures
Series C (2014): $37M led by DAG Ventures, Kleiner Perkins Caufield & Byers, iD Ventures America, Korea Investment Partners, MediaTek, and SK Telecom (China) Ventures
Debt (2020): $350K supported by PPP
Key Investors in mCube
DAG Ventures
DAG Ventures is a mid-stage venture capital partnership that focuses on supporting visionary entrepreneurs and the elite early-stage VCs who back them. The firm emphasizes a service-oriented mindset, aiming for speed, consistency, and simplicity in its operations.
Kleiner Perkins Caufield & Byers
Kleiner Perkins is a Menlo Parkbased venture capital firm that raises dedicated funds and invests in early and growthstage technology and lifescience companies, backing founders across consumer, enterprise, healthcare, and climate/hard tech with capital and operational support from seed through IPO or acquisition.
iD Ventures America
iD Ventures America is an investment firm that focuses on identifying and investing in North American companies characterized by visionary innovation and strong growth potential. The firm leverages its seasoned team's expertise in markets, manufacturing, and operations to provide valuable support to entrepreneurs.
What's next for mCube?
The recent major strategic investment, alongside its substantial total funding, positions mCube for accelerated growth and innovation. This capital infusion is likely to fuel the expansion of its digital manufacturing solutions and custom software development services, potentially enabling deeper penetration into key markets like automotive and broader manufacturing sectors. The company's focus on emerging technologies suggests a strategic direction towards further enhancing its capabilities in areas such as AI-driven process optimization and advanced systems integration, solidifying its competitive edge and market leadership.
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