中望软件 is a Chinese CAx (Computer-aided Technologies) industrial software company focused on CAD/CAM/CAE products and solutions, with core offerings 中望CAD and 中望3D. The company operates R&D centers in Guangzhou, Wuhan and Florida and has expanded internationally with distribution in over 90 countries. It holds 5 invention patents, 144 software copyrights, trademarks registered in 60+ countries, and has surpassed 900,000 licensed copies. 中望 has consistently invested heavily in R&D (R&D spend ~36% and 37% of annual revenue in the past two years) and R&D staff account for over 30% of total headcount. The firm acquired core technology and IP from U.S. VX in 2010 and in 2018 formed a CAE team to enter electromagnetic simulation. Financially, the company reported 2017 revenue of RMB 187M and net profit of RMB 32.44M, with 2018 H1 net profit growing over 100% year-over-year. Management says funds from the round will be used to grow the CAx R&D team and recruit top global industrial software talent.

Total raised

$12M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2018