Aspen Technology

Aspen Technology

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Investment Firm

Overview

Aspen Technology, Inc. (NASDAQ: AZPN) is a global software leader helping industries at the forefront of the world’s dual challenge meet the increasing demand for resources from a rapidly growing population in a profitable and sustainable manner. AspenTech solutions address complex environments where it is critical to optimize the asset design, operation and maintenance lifecycle. Through our unique combination of deep domain expertise and innovation, customers in asset-intensive industries can run their assets safer, greener, longer and faster to improve their operational excellence. To learn more, visit AspenTech.com.

Highlights

Founded

1981

Industry

Software

Employees

1001-5000

Investment

1

Lead Investment

0

Exits

1

Stages

N/A

Investor Type

N/A

Location

Bedford, Massachusetts, United States, North America

Contact Information

Social

Profile Resume

Aspen Technology, established in 1981 and headquartered in United States, North America., specializes in investments across Enterprise Software, Software, Business Development, B2B, Financial Services, Venture Capital, Finance, Financial Exchanges. The organization boasts a portfolio of 1 investments, with an average round size of $50.0M and 1 successful exits. Their recent investments include Extricity, Inc., Sapphire Ventures, TCV, Intel Capital, Invesco. The highest investment round they participated in was $4.2B. Among their most notable exits are Extricity, Inc. and Sapphire Ventures. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Paul Rahilly

Paul Rahilly

Senior Director of Product Management

imagePlace Mike Brooks

Mike Brooks

Global Director Asset Performance Management

imagePlace Sebastien Coutu

Sebastien Coutu

Software Development Architect

imagePlace Antonio Pietri

Antonio Pietri

President and Chief Executive Officer

imagePlace James Boozer

James Boozer

SVP Americas and SMB Sales

imagePlace Jeannette McGill

Jeannette McGill

Vice President & GM

Investment portfolio

Aspen Technology has made 1 investments. Their most recent investment was on May 11, 2000, when Extricity, Inc. raised $50.0M.

investments

1

Diversity investments

0

Lead investments

0

Number of exits

1

Investments

1

Annouced DateOrganization NameIndustryMoney Raised
May 11, 2000
Extricity, Inc. Extricity, Inc.
Enterprise Software50.0M

Exits

1

Funding Timeline

Funding rounds

1

Investors

3

Funds

0

Funding Rounds

1

Aspen Technology has raised 1 rounds. Their latest funding was raised on May 11, 2000 from a Venture Round - Extricity, Inc. round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
May 11, 2000
Venture Round - Extricity, Inc. Venture Round - Extricity, Inc.
-50.0M-

Investors

5

Aspen Technology is funded by 5 investor(s). Advent International and Advent International Kantor are the most recent investors.

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

Invest in industries

Recent Activity

News

Aug 07, 2024

Benzinga - Shopify Posts Upbeat Earnings, Joins Axon Enterprise, Aspen Technology, Illumina, Global Payments And Other Big Stocks Moving Higher On Wednesday

News

Jun 22, 2024

Business Wire - Aspen Technology Educates Next Generation of Engineers on Sustainability Competencies

News

May 17, 2024

Benzinga - Beyond The Numbers: 4 Analysts Discuss Aspen Technology Stock

News

May 17, 2024

SeekingAlpha - Berenberg upgrades Aspen Technology to Buy; shares rise

News

May 14, 2024

SeekingAlpha - Aspen Technology appoints Robert Whelan, Jr. as board chair

News

May 08, 2024

Yahoo Finance - Aspen Technology, Inc. (NASDAQ:AZPN) Q3 2024 Earnings Call Transcript