Upchain Grows 621 Percent YoY Fueled by Enterprise Clients
Summary
The cloud-based collaborative product lifecycle management platform continues to grow with First Ascent and BDC by putting its customers first. Upchain, a cloud-based PLM solution, announced it has reached 621 percent ARR year-on-year growth, both by deepening its relationship with its enterprise clients and by growing its SMB market. “Keeping teams working in the tool ecosystems that they already know and love is absolutely essential to our approach,” says Michael Aronzon, CTO. That drives our design and development approach.” Upchain launched in 2015 and raised its $7.4 million series A in 2018, led by First Ascent Ventures and BDC. Where traditional solutions are designed to work for engineering, Upchain’s platform stretches beyond silos to connect different teams and users with the right data at the right time.