What is Upverter?
Founded in 2010, Upverter offers a comprehensive Electronic Design Automation (EDA) system accessible via a web browser. This platform empowers users to design, share, and review schematics and printed circuit boards, streamlining the complex process of hardware development. The company operates within the competitive landscape of design software, aiming to provide a more accessible and collaborative solution for engineers and designers.
How much funding has Upverter raised?
Upverter has raised a total of $2.3M across 1 funding round:
Angel/Seed
$2.3M
Angel/Seed (2014): $2.3M with participation from Golden Venture Partners and Version One Ventures
Key Investors in Upverter
Golden Venture Partners
Golden Venture Partners is a venture capital fund specializing in mobile-focused seed and early-stage investments, providing early stage funding and mentorship to entrepreneurs leveraging mobile products and services.
Version One Ventures
Version One Ventures is an early-stage venture fund that invests in mission-driven founders in emerging markets, supporting entrepreneurs with innovative ideas to build generational tech companies.
What's next for Upverter?
The recent major strategic investment suggests Upverter is poised for significant expansion and product development. This capital infusion will likely fuel advancements in its EDA system, potentially enhancing collaboration features, expanding its component library, and improving its cloud-based infrastructure. The company's focus on a web-browser delivery model positions it to capitalize on the growing trend towards cloud-native software solutions in the engineering and design industries. Future growth may involve deeper integration with manufacturing processes or partnerships to broaden its market reach.
See full Upverter company page
