Aras has secured a substantial growth investment from GI Partners, a private investment firm. This investment will further accelerate Aras’ low-code platform innovation, global expansion, and customer success.
Aras continues to disrupt the industrial software market with its low-code platform and suite of digital solutions spanning the product lifecycle from global product development and systems engineering to manufacturing, maintenance, and digital twins. Large enterprises such as Microsoft, Honda, and Airbus use Aras to rapidly digitalise mission critical processes and replace legacy systems faster.
“We believe the pace of digital transformation in manufacturing is just beginning to increase, and that Aras is uniquely positioned to deliver the next generation of platform-based applications for global companies. We are excited to partner with Peter and the management team to help further extend their cloud technology leadership, world-class support, and operations as the business scales,” says Travis Pearson, Managing Director and Co-Head of Private Equity at GI Partners.
Source: Private Equity Wire
