IKIDO

Bill of Material Optimization Software

Industrial Technologies
Acquired (Inactive) by PTC on Sep 2024 - closed due to acquisition

Company Overview

Snapshot

Founded in September 2021 by Guy Eron and Roy Dar, IKIDO operates with 1–10 employees. The company has secured $2.5 million across one funding round from 3 investors. In September 2024, IKIDO was acquired by PTC, marking a significant milestone in its trajectory.

Business overview

IKIDO provides a software platform designed to assist hardware engineers in managing and maintaining electronic bills of materials within the dynamic semiconductor market. Its core technology enables improved component selection, helps avoid hard-to-source items, monitors components for evolving risks, and optimizes sourcing based on real-time data. The company serves manufacturers and operates within the Industrial Technologies sector, focusing on data analytics, risk management, procurement, and supply chain optimization for markets including North America and Europe.

Strategic signal

The acquisition of IKIDO by PTC in September 2024 signals a strategic move by PTC to enhance its industrial technology offerings, particularly in the realm of bill of material optimization and supply chain resilience. This event validates IKIDO's technology and its relevance in addressing the complexities of the semiconductor market, indicating a strong integration potential for its solutions within a larger enterprise framework.

Company Intelligence Q&A

When was IKIDO founded?
IKIDO was founded in September 2021 by co-founders Guy Eron and Roy Dar.
What is IKIDO's primary business?
IKIDO develops a software platform that helps hardware engineers optimize and maintain electronic bills of materials, focusing on component selection, risk monitoring, and sourcing in the semiconductor market.
When was IKIDO acquired?
IKIDO was acquired by PTC in September 2024.
What is IKIDO's employee count?
IKIDO operates with 1–10 employees.