Company Overview
Snapshot
Founded in January 2007 by Iris Shoor, PlanPlatform developed online software for collaborative 3D drafting. The company raised $4.3M across two funding rounds from Sequoia Capital. PlanPlatform was acquired by Autodesk in December 2009.
Business overview
PlanPlatform provides an online software platform designed to offer an alternative to traditional, high-cost two-dimensional and three-dimensional drafting tools used by engineers, such as Autodesk's AutoCAD. Operating within the Business Software sector, the company's core technology enables collaborative model construction and information exchange online, serving industries requiring product development tools and engineering solutions.
Strategic signal
In December 2009, PlanPlatform was acquired by Autodesk, a significant event that validated its online 3D-drafting technology and market approach. This acquisition indicated a strategic move by Autodesk to integrate PlanPlatform's collaborative software design capabilities, signaling the increasing importance of accessible and online-enabled design tools in the engineering and manufacturing sectors.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant corporate milestone for PlanPlatform?
- PlanPlatform was acquired by Autodesk in December 2009, marking a key exit for the company and its investors.
- Who was a co-founder of PlanPlatform?
- Iris Shoor is listed as a co-founder of PlanPlatform.
- What was PlanPlatform's total capital raised?
- PlanPlatform raised a total of $4.3M in funding.
- How many funding rounds did PlanPlatform complete?
- PlanPlatform completed two funding rounds. The first was in January 2009, with Sequoia Capital participating. The second round's details are not fully disclosed.
- Which investor participated in PlanPlatform's January 2009 funding round?
- In January 2009, Sequoia Capital participated in a funding round for PlanPlatform.