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Parsec Receives Strategic Investment From Bvp Forge To Accelerate Manufacturing Operations Management For Enterprises

Jul 18, 2023about 2 years ago
AnaheimManufacturingSoftware

Investors

Bvp Forge

Description

Today, Parsec Automation Corp, a trailblazer in Manufacturing Operations Management (MOM) software, announced a major recapitalization led by BVP Forge, designed to fuel future growth.

Company Information

Company

Parsec Automation

Location

Anaheim, California, United States

About

Parsec Automation Corp. (Parsec) is the developer of TrakSYS™, the leading real-time operations & performance management software. Manufacturing companies worldwide rely on Parsec for flexible and configurable tools to execute manufacturing operations across the value stream more effectively. Without production disruption, TrakSYS™ helps manufacturers to significantly improve asset utilization and efficiency, increase capacity with no new capital equipment, reduce production costs, decrease lead time, and improve profitability. With measureable ROI TrakSYS™ delivers the bottom-line results that manufacturing companies are looking for. For more information and links to helpful webinars, white papers, case studies and events, visit our website today at www.parsec-corp.com or email us at info@parsec-corp.com

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers