GrabCAD aims to transform the traditionally non-collaborative computer-aided design (CAD) process between mechanical engineers, customers, and manufacturers into a much more efficient experience through the use of social and cloud-based technologies. More than 10 percent of the world's CAD engineers are already part of GrabCAD's online community, where businesses can submit engineering problems to be solved by thousands of experienced and knowledgeable members.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 10/15/12 | $8,150,000 | Series B |
Atlas Venture Charles River Ventures David Sacks Matrix Partners NextView Ventures | undisclosed |
