Caxa won the first round of million U.S. dollar investment PLM software into VC vision

December 12 News, China Product Lifecycle Management (PLM) software and service provider Caxa today announced the acquisition of IDGVC1000 million dollar venture capital.　　The fund will be used to expand the Caxa service system and strengthen product research and development, and broaden Caxa's leading edge in PLM industry in China. It is understood that Caxa is China's PLM industry's first and only access to venture capital software companies.　　IDGVC Senior Partnership Li Junjun on behalf of IDGVC to invest in the company. As China accelerates to become a global manufacturing center, international Capital accelerates into Chinese manufacturing, China's manufacturing industry is developing rapidly, while the trend of internationalization of China's manufacturing industry intensifies, the market competition is increasingly fierce at home and abroad, PLM as a new generation of product innovation and collaborative management solution developed after CAD/CAM,　　has become the manufacturing industry to enhance product innovation and core competitiveness of the key technology. "The rapid development of Chinese manufacturing industry, China PLM industry has a very broad market prospects, Caxa as China's largest and most potential PLM company, is IDGVC worthy of the investment target." "Li Junjun said," Caxa is China's largest manufacturing user base, product line of the most comprehensive PLM suppliers, in the project research process, we and caxa many users and partners to have a full communication, their confidence in Caxa to impress us. Caxa from the management team to the grassroots staff demonstrated by the excellent corporate culture and deep technical accumulation we very much appreciate. "said Dr Rei, Caxa president," after IDGVC investment, the company will greatly expand the service system, strengthen product research and development, more focused on providing the Chinese market with richer, high-quality software products and better services, and more strongly support the Chinese manufacturing industry to upgrade product innovation and participate in international competitiveness. "He believes that cooperation with IDGVC will not only bring the capital advantage, but also promote caxa in management, technology and services and international advanced level, attract more like-minded partners, jointly for ' Made in China ' to ' China to create ' make a positive contribution. "Caxa is located in Zhongguancun Science Park, Zhongguancun Science and Technology Park is a continuous rapid development, competitive advantage of enterprises, with independent intellectual property serialization PLM products and programs, the cumulative sales of more than 200,000 genuine software."