PTC reports Core up 21%cc in FQ2 but leaves F2021 targets (mostly) alone

PTC’s Q4 ends fiscal year on a strong note

PTC’s Q4 ends fiscal year on a strong note PTC announced fiscal Q4 and 2020 results a week ago and I haven’t had time for a full write-up — and now the earnings are starting to pile up. So here’s a quick recap of what we learned during the PTC...
Quickie: PTC acquires Onshape

Quickie: PTC acquires Onshape

Day: October 23, 2019 PTC and Onshape just announced that they’re teaming up to, as Onshape founder Jon Hirschtick puts it “broaden the scope of what we deliver to [customers[, and broaden our reach in the market to bring Onshape to more users even...
PTC reports Core up 21%cc in FQ2 but leaves F2021 targets (mostly) alone

OnScale secures $10 million investment

Yesterday, I wrote about the continuing buying spree in CAE. Then came the news that OnScale has secured $10 million in Series A funding led by Intel Capital and Gradient Ventures, Google’s investment fund, along with Thornton Tomasetti, Stage 2 Capital, Cultivation...
PTC reports Core up 21%cc in FQ2 but leaves F2021 targets (mostly) alone

Quickies: OnShape, Bentley, Hexagon and PP&M — oh my!

So much news, so little time. A quick roundup of interesting news: A couple of weeks ago, OnShape reported that it has now sold shares valued at a total of $105 million, an increase of $25 million from last year’s announcement. By my reckoning, this...
PTC reports Core up 21%cc in FQ2 but leaves F2021 targets (mostly) alone

Onshape raises another $80m, well ahead of schedule

Onshape announced today that it has raised another $80 million in new equity financing in a new round led by Andreessen Horowitz and with existing investors New Enterprise Associates, Commonwealth Capital Ventures and North Bridge Venture Partners upping their...
Onshape’s here! Finally, we can talk about it …

Onshape’s here! Finally, we can talk about it …

Onshape, the latest CAD company founded by Jon Hirschtick, John McEleney and other names you likely recognize, took the wraps off this morning to finally let us talk about the worst-kept secret in the CAD world. To skip right to the part you probably care about: What...