SpaceClaim
Provides 3D direct modeling CAD software for rapid geometry creation, editing, and preparation for additive manufacturing and simulation workflows.
- CEO / Founder
- Chris Randles
- Team Size
- 51-200
- Stage
- Acquired
- Total Funding
- $37.8M
- Latest Round
- Acquisition by ANSYS - $85M - April 2014
- Key Investors
- Borealis Ventures; Kodiak Venture Partners; Needham Capital Partners; North Bridge Venture Partners; ANSYS (acquirer)
Technology & Products
Key Products
SpaceClaim Engineer; SpaceClaim Style; 3D Print Prep Module; Additive Manufacturing Tools
Technological Advantage
Proprietary direct modeling technology allows intuitive, fast geometry manipulation for AM preparation; integrated with ANSYS simulation ecosystem post-acquisition.
Differentiation
Value Proposition
Reduces model pre-processing time from weeks/days to hours/minutes, eliminates need to outsource CAD modifications, and accelerates design iterations for additive manufacturing.
How They Differentiate
Integrated within ANSYS ecosystem as 3D direct modeling solution for simulation-driven product development; enables rapid geometry creation/modification without CAD expertise, accelerating design-to-simulation workflows.
Market & Competition
Target Customers
Engineers, designers, analysts in manufacturing, aerospace, automotive, and product development
Industry Verticals
Aerospace; Automotive; Manufacturing; Product Design; Education
Competitors
SOLIDWORKS (Dassault Systèmes); CATIA (Dassault Systèmes); Creo (PTC); Siemens NX
Growth & Milestones
Growth Metrics
35% small business customers (<$50M), 44% large enterprise customers (>$1000M); reduced simulation prep time from weeks to hours.
Major Milestones
Founded in 2005; First commercial release SpaceClaim 2007 Professional in 2007; Partnership with ANSYS in 2011; Acquired by ANSYS for $85 million in 2014
Notable Customers
Nokia Siemens Networks, BorgWarner, Medtronic, Lotus Cars, Sharp, K2 Medical Systems, FuelCell Energy, Emhart Glass, GE Aviation, General Dynamics, U.S. Navy