What is SoftSource?
Founded in 1982, SoftSource specializes in developing sophisticated CAD drafting, translation, and management software solutions. Its product suite, utilized by tens of thousands of CAD, facility, and project supervisors, includes pioneering programs like the Drawing Librarian and Block Librarian. A key technological contribution is the Drawing eXchange Engine (DXE), an industry-standard AutoCAD read-write API developed in 1990, which serves as a foundation for its Vdraft editor. SoftSource emphasizes technical quality, integrating high-performance application engineering, well-designed tools, industry-standard technology, and a state-of-the-art user interface to empower CAD users.
How much funding has SoftSource raised?
SoftSource has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in SoftSource
PPP
Public-Private Partnership
What's next for SoftSource?
With the recent strategic investment of $350K, SoftSource is poised for further expansion and technological advancement. The substantial capital infusion, contributing to its $350K total funding, suggests a focus on scaling operations, enhancing its existing product lines, and potentially exploring new market opportunities. This late-stage funding indicates a mature company leveraging its established technology, such as the DXE, to solidify its market leadership and drive innovation in the competitive CAD software landscape.
See full SoftSource company page