Optitex Overview

  • Year Founded
  • 1988

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 118

Employees

  • Latest Deal Type
  • M&A

Optitex General Information

Description

Developer of an integrated 2D and 3D software platform designed to cover the entire supply chain, create efficient workflows and shorten time to market. The company's platform digitally streamlines design, development and production and specializes in digital innovation, thereby enabling businesses to access efficient workflows and quickly respond to market demands.

Contact Information

Website
www.optitex.com
Formerly Known As
Scanvec Garment Systems
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 575 5th Avenue
  • New York, NY 10018
  • United States
+1 (212)
Primary Industry
Multimedia and Design Software
Parent Company
FOG Software Group
Vertical(s)
Corporate Office
  • 575 5th Avenue
  • New York, NY 10018
  • United States
+1 (212)

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Optitex Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 17-Apr-2020 Completed Profitable
3. Merger/Acquisition 16-Jun-2016 Completed Profitable
2. Accelerator/Incubator Completed Profitable
1. Later Stage VC 10-Jul-2015 Completed Profitable
To view Optitex’s complete valuation and funding history, request access »

Optitex Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an integrated 2D and 3D software platform designed to cover the entire supply chain, create efficient workf
Multimedia and Design Software
New York, NY
118 As of 2023

Waltham, MA

Grand Rapids, MI
 
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Optitex Competitors (26)

One of Optitex’s 26 competitors is Solidworks, a Formerly VC-backed company based in Waltham, MA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Solidworks Formerly VC-backed Waltham, MA
Quark Group Private Equity-Backed Grand Rapids, MI
Humanetics Digital Europe Private Equity-Backed Kaiserslautern, Germany
Alludo Private Equity-Backed Ottawa, Canada
Autodesk Corporation San Francisco, CA
You’re viewing 5 of 26 competitors. Get the full list »

Optitex Patents

Optitex Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-10248993-B2 Systems and methods for generating photo-realistic images of virtual garments overlaid on visual images of photographic subjects Active 25-Mar-2015
US-20160284017-A1 Systems and methods for generating virtual photoshoots for photo-realistic quality images Active 25-Mar-2015
US-6167159-A Triangle mesh compression Inactive 30-Apr-1998
US-6088035-A Method for displaying a graphic model Inactive 16-Aug-1996 G06T15/10

Optitex Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Optitex Former Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds
Electronics For Imaging PE-Backed Company Majority
Runway Fashion Incubator Accelerator/Incubator Minority
Angel (individual) Minority
Wekix Venture Capital Minority
To view Optitex’s complete investors history, request access »

Optitex FAQs

  • When was Optitex founded?

    Optitex was founded in 1988.

  • Where is Optitex headquartered?

    Optitex is headquartered in New York, NY.

  • What is the size of Optitex?

    Optitex has 118 total employees.

  • What industry is Optitex in?

    Optitex’s primary industry is Multimedia and Design Software.

  • Is Optitex a private or public company?

    Optitex is a Private company.

  • What is Optitex’s current revenue?

    The current revenue for Optitex is .

  • Who are Optitex’s investors?

    Electronics For Imaging, Runway Fashion Incubator, , and Wekix have invested in Optitex.

  • Who are Optitex’s competitors?

    Solidworks, Quark Group, Humanetics Digital Europe, Alludo, and Autodesk are some of the 26 competitors of Optitex.

  • When was Optitex acquired?

    Optitex was acquired on 17-Apr-2020.

  • Who acquired Optitex?

    Optitex was acquired by FOG Software Group.

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