OptiTex Overview
Optitex is a global software provider of integrated 2D/3D computer-aided design (CAD) solutions for the fashion and apparel, automotive, upholstery, and industrial fabric sectors. The companys solutions digitally streamline design, development, and production throughout the supply chain, enabling efficient workflows and rapid response to market demands. Optitex offers brands, retailers, and manufacturers a one-vendor solution for delivering high-quality products on demand and on budget.
Cumulative Funding Raised Over Time ($)
—Jul 2015
Latest News
Optitex Unveils "OPTITEX CREATIVE" - Intuitive, versatile, and pattern-trusted 3D design software - WhichPLM
growth-positive
Optitex Expands Its Fabric Management Offering With VIZOO And swatchbook
Optitex is collaborating with VIZOO and swatchbook inc to provide its customers with access to a wide variety of scanned materials and create more realistic 3D garments. The partnerships will make fabric management easier and more affordable for Optitex customers. The latest version of Optitex includes newly digitized fabrics from VIZOO and swatchbook, as well as access to additional real sourceable materials. Users can also import additional materials to expand their material range. The collaboration aims to meet the demand for premium-quality digitized fabrics and enhance the quality of 3D rendering for Optitex customers. The CEO of Optitex expressed the companys commitment to providing customers with the digital tools they need for design, development, and marketing.
Partners
growth-positive
Optitex acquired by FOG Software Group
Fashion design software developer Optitex has been acquired by FOG Software Group, a division of Constellation Software, for an undisclosed sum. Optitex will operate as an independent company within FOG. The acquisition is expected to provide added-value to Optitex, its customers, and partners. Optitex expects to achieve lasting business stability with the support of Constellations long-term vision, financial support, networking opportunities, and management best practices.
Acquisition
Fashion Enter Closes UK's Skills Gap with EFI Optitex 3D - WhichPLM
growth-positive
EFI enhances Optitex software
EFI has released the latest version of its Optitex 2D/3D CAD platform, offering enhancements for fashion, apparel, and textiles. The new version allows apparel manufacturers to produce small mixed orders on a single roll, address market trends, and increase sustainability. It includes advanced automation tools, improved stitching and grading, an expanded fabric library, and an improved user interface. The release also enables full design-to-production preparation to be automated. EFI recently acquired BDR Boya Kimya, a Turkish manufacturer of reactive inkjet inks for industrial digital textiles printing.
PartnersAcquisition
| Sector | Industrial Technologies |
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | Acquired |
| Rounds | 1 |
| Investors | 1 |
Team Members
10
Employees: 51-200
Web & Social Links
| Website | optitex.com |
| Careers | Careers page |
Locations
HaMelacha St 13, Rosh Haayin, Israel
Sheung Yuet Road, Kowloon Bay, Kowloon, Hong Kong
BHIKAJI CAMA PLACE, Bhikaji Cama Place, Rama Krishna Puram, New Delhi, Delhi 110066, India
Via Pietro Andrea Saccardo, 9, 20134 Milan, Metropolitan City of Milan, Italy
500 7th Avenue, New York, NY 10018, USA
Photos & Videos
3 item(s)
OptiTex Business
Business models
B2B
Product stage
Released
Employees
51-200
Sector
Industrial TechnologiesOperational Optimization SolutionsTarget Customer
Industrial ManufacturingDiscrete IndustriesAutomotiveCommerce & RetailConsumer GoodsApparelTextileMedia & EntertainmentFashionCore Technology
Platforms & InterfacesSoftwareTags (8)
cad3d-designfashiontextileaugmented-realityindustry-4.0operations-optimizationsoftware-applicationsGeographic Markets
IsraelHong KongUnited StatesIndiaItalyOptiTex Financials
Undisclosed
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
Acquired
Funding stage
1
Total rounds
1
Investors
Cumulative Funding Raised Over Time ($)
—Jul 2015
Private Equity Funding
Undisclosed Round
Jul 2015
Undisclosed
WeKiX
Public Offering / Exit
MNAEvent
Apr 2020
Undisclosed
MNAEvent
Jun 2016
$52.8M
OptiTex Lifecycle
Cumulative Funding Raised Over Time
—Jul 2015
All Events
Undisclosed Round
Jul 2015
Undisclosed
WeKiX
MNAEvent
Apr 2020
Undisclosed
MNAEvent
Jun 2016
$52.8M
OptiTex News
6 articlesOptitex Unveils "OPTITEX CREATIVE" - Intuitive, versatile, and pattern-trusted 3D design software - WhichPLM
growth-positive
Optitex Expands Its Fabric Management Offering With VIZOO And swatchbook
Optitex is collaborating with VIZOO and swatchbook inc to provide its customers with access to a wide variety of scanned materials and create more realistic 3D garments. The partnerships will make fabric management easier and more affordable for Optitex customers. The latest version of Optitex includes newly digitized fabrics from VIZOO and swatchbook, as well as access to additional real sourceable materials. Users can also import additional materials to expand their material range. The collaboration aims to meet the demand for premium-quality digitized fabrics and enhance the quality of 3D rendering for Optitex customers. The CEO of Optitex expressed the companys commitment to providing customers with the digital tools they need for design, development, and marketing.
Partners
growth-positive
Optitex acquired by FOG Software Group
Fashion design software developer Optitex has been acquired by FOG Software Group, a division of Constellation Software, for an undisclosed sum. Optitex will operate as an independent company within FOG. The acquisition is expected to provide added-value to Optitex, its customers, and partners. Optitex expects to achieve lasting business stability with the support of Constellations long-term vision, financial support, networking opportunities, and management best practices.
Acquisition
Fashion Enter Closes UK's Skills Gap with EFI Optitex 3D - WhichPLM
growth-positive
EFI enhances Optitex software
EFI has released the latest version of its Optitex 2D/3D CAD platform, offering enhancements for fashion, apparel, and textiles. The new version allows apparel manufacturers to produce small mixed orders on a single roll, address market trends, and increase sustainability. It includes advanced automation tools, improved stitching and grading, an expanded fabric library, and an improved user interface. The release also enables full design-to-production preparation to be automated. EFI recently acquired BDR Boya Kimya, a Turkish manufacturer of reactive inkjet inks for industrial digital textiles printing.
PartnersAcquisition
growth-positive
EFI buys Israeli co Optitex for up to $52.8m
Electronics For Imaging, Inc. (EFII) has acquired Optitex, a 3D design software company for the textile industry. The deal is worth up to $52.8 million, with an upfront cash payment of $20 million. Optitex will be integrated into EFIs Productivity Software business unit. The acquisition is expected to contribute $4 million to $6 million in revenue for the balance of 2016 and be neutral to EPS during that time. Asaf Landau, CEO of Optitex, and the approximately 100 members of the Optitex team have joined EFI, with Landau serving as EFI Optitexs general manager.
Acquisition
OptiTex Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 126 |
| Team members | 10 |
Similar Companies
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OptiTex Internal
Recent Updates
No update log entries.
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Admin Info
| Confidence | 92/100 |
| Missing | markets, not claimed |
| BI Verification | Natalia Golczar |
| Registrar ID | 512144528 |
| Crunchbase | optitex |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Amy Woolf |
| Updater email | amyw@sncentral.org |
| Last update | 2023-01-12T00:00:00.000Z |
| Created | 2016-06-19T00:00:00.000Z |
| Status detail | Acquired by EFI on Jun, 2016 |