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

Software Defined Automation has secured significant capital, with its total funding reaching $10M. The company recently announced a major strategic investment of $10M, underscoring its pivotal role in the industrial automation sector. This latest financing round highlights the growing investor confidence in Software Defined Automation's innovative approach to transforming manufacturing processes through cloud-based solutions.

What is Software Defined Automation?

Software Defined Automation
SoftwareEngineering SoftwareStorage & System Management Software

Software Defined Automation, based in Boston, MA, is a pioneering provider of an industrial-focused automation platform. The company offers Industrial-Control-as-a-Service, which redefines how automation engineers operate by converting Programmable Logic Controllers (PLCs) into software functions. This groundbreaking approach liberates industrial automation from the limitations of proprietary hardware, thereby unlocking new levels of operational freedom, enhancing productivity, and bolstering resilience for manufacturers. Their core offerings encompass cloud-based PLC management (TechOps), modern PLC code versioning and Git-based collaboration (DevOps), and the virtualization of PLCs on non-proprietary servers (Virtual PLC).

How much funding has Software Defined Automation raised?

Software Defined Automation has raised a total of $10M across 1 funding round:

2022

Angel/Seed

$10M

Angel/Seed (2022): $10M with participation from Fly Ventures, First Momentum Ventures, Baukunst VC, and Insight Partners

Key Investors in Software Defined Automation

Fly Ventures

Fly Ventures is an early-stage venture capital firm that invests in technology startups. Their focus is on identifying and supporting innovative companies with high growth potential.

First Momentum Ventures

First Momentum Ventures is a pre-seed venture capital fund focused on technical B2B and Deep Tech startups in Europe. The team, composed of engineers and scientists, provides extensive support in areas such as fundraising and recruitment, understanding the complexities of technical products and markets.

Insight Partners

Insight Partners is a global venture capital and private equity firm focused on high-growth technology and software companies. They provide capital and strategic support to help their portfolio companies scale.

What's next for Software Defined Automation?

The recent major strategic investment in Software Defined Automation signals a strong commitment to scaling its operations and further developing its Industrial-Control-as-a-Service platform. This capital infusion is expected to accelerate product development, expand market reach within the manufacturing sector, and enhance its cloud-based offerings. The company's focus on decoupling automation software from hardware constraints positions it for significant growth as industries increasingly seek flexible, resilient, and efficient automation solutions. Future developments will likely concentrate on broadening the compatibility of their platform and deepening its integration into existing industrial ecosystems.

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Frequently Asked Questions Regarding Software Defined Automation Financial Insights

What are the most recent funding rounds that Software Defined Automation has completed, and what were the funding rounds?
Software Defined Automation has recently completed 1 funding rounds: Angel/Seed on Oct 31, 2022.
What is the total amount of funding Software Defined Automation has raised to date?
Software Defined Automation has raised a total of $10M in funding to date.
How many funding rounds has Software Defined Automation completed?
Software Defined Automation has completed 1 funding rounds.
How much funding did Software Defined Automation raise in its most recent funding round?
Software Defined Automation raised $10M in its most recent funding round.
Who are the lead investors in Software Defined Automation's latest funding round?
The lead investor in Software Defined Automation's latest funding round was Fly Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Software Defined Automation's history?
The largest funding round in Software Defined Automation's history was $10M.
See more information about Software Defined Automation