Aspen Technology

company

About

Aspen Technology develops and supplies integrated software and services to optimize business processes.

  • 10001 - max

Details

Last Funding Type
Private Equity(PE)
Industries
Manufacturing,Software,Supply Chain Management
Founded date
Jan 1, 1981
Number Of Employee
10001 - max
Operating Status
Active

Aspen Technology together with its subsidiaries develops and supplies integrated software and services that enable the process industries to design, operate, manage, and optimize their business processes. Its software applications utilize proprietary empirical models of chemical manufacturing processes to enhance plant and process design, economic evaluation, production, production planning and scheduling, supply chain optimization, and operational performance.

The company's aspenONE product provides engineering, plant operations, and supply chain management software applications. Its engineering products include Aspen Plus, Aspen HYSYS, Aspen Capital Cost Estimator, HTFS, and Aspen Basic Engineering that help in designing and improving plants and processes, as well as to model and improve the way to develop and deploy manufacturing assets.

Aspen Technology, Inc. was founded in 1981 and is headquartered in Burlington, Massachusetts.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$100M
Aspen Technology has raised a total of $100M in funding over 2 rounds. Their latest funding was raised on Aug 19, 2003 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 19, 2003 Post-IPO Debt $100M 1 Detail
Oct 1, 1991 Private Equity(PE) 1 Detail
Jan 1, 1986 Series Unknown 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Aspen Technology is funded by 1 investors. Advent International are the most recent investors.
Investor Name Lead Investor Funding Round
Advent International Post-IPO Debt