![]() “Parsec’s mission criticality and core value proposition are evidenced by the company’s high customer satisfaction, strong retention, and superior product platform. “Manufacturers are increasingly embracing digitalization, which relies on high-quality data produced and synthesized on a plant floor,” said Rob Arditi, BVP Forge Partner. “We see a clear and compelling opportunity to help accelerate the company’s success and build on its vision.” “We are very impressed with Parsec’s unique technology, customer impact, and track-record of profitable growth,” said Brian Cramer, BVP Forge Operating Partner. In the recently published Gartner® 2023 Critical Capabilities for Manufacturing Execution Systems, Parsec ranked the highest amongst all included MES vendors in 3 of 4 Gartner Use Cases-Continuous Process Manufacturing, Batch/Repetitive Flow Manufacturing, and Highly Regulated Industries. BVP Forge will also provide Parsec access to the renowned growth IP, talent network, and roadmap insights of Bessemer Venture Partners, which has decades of experience scaling enterprise companies into market leaders. The synergy of Parsec's deep-rooted manufacturing operations management expertise with BVP Forge's considerable resources ignites great excitement for our future.”īVP Forge will bring its business building program, ForgeEdge™, to help Parsec scale its platform, accelerate growth, and maximize customer impact. As an innovation-focused and profitable company, we realized the vast potential of an alliance with BVP Forge to expedite our vision and enhance customer impact. Parsec doesn’t just help businesses reach their goals it helps them redefine what's possible, carving out a path to a more efficient, productive, and sustainable future.Įddy Azad, founder & CEO of Parsec, shared, “TrakSYS's unparalleled functionality and user experience have allowed us to disrupt legacy market products. Among Parsec’s globally-esteemed customers are industry heavyweights such as AB InBev, AkzoNobel, AstraZeneca, Beiersdorf, DuPont, Johnson & Johnson, and Eli Lilly. ![]() It serves a variety of sectors, from automotive and chemical to food & beverage, life sciences, and packaged goods. TrakSYS enjoys a trusted position in thousands of factories in more than 100 countries. Its TrakSYS™ software platform demystifies manufacturing operations, providing users with heightened visibility, profound insights, and superior control-indispensable factors for success in their rapidly-evolving industrial landscape. ![]() Parsec forms dynamic partnerships with manufacturing entities worldwide, sparking pivotal transformations to boost efficiency and drive their ongoing enhancement goals. Internal applications, then our B2B based Bizapedia Pro API™ might be the answer for you.ANAHEIM, Calif.-( BUSINESS WIRE)-Today, Parsec Automation Corp, a trailblazer in Manufacturing Operations Management (MOM) software, announced a major recapitalization led by BVP Forge, designed to fuel future growth. If you are looking for something more than a web based search utility and need to automate company and officer searches from within your WHAT'S INCLUDED IN THE ADVANCED SEARCH FORM? Utilize our advanced search form to filter the search results by Company Name, City, State, Postal Code, Filing Jurisdiction, Entity Type, Registered Agent,įile Number, Filing Status, and Business Category. While logged in and authenticated, you will not be asked to solve any complicated Recaptcha V2 challenges. In addition, all pages on Bizapedia will be served to you completely ad freeĪnd you will be granted access to view every profile in its entirety, even if the company chooses to hide the private information on their profile from the general public. Your entire office will be able to use your search subscription.
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