Mastercam - About the company
Mastercam is an acquired company based in United States. It operates as a Developer of software for designing and programming precision CNC machines. The company has 49 active competitors, including 3 funded and 7 that have exited. Its top competitors include companies like Lambda Function, Macpower CNC Machines and Toolpath.
Company Details
Developer of software for designing and programming precision CNC machines. The platform integrates computer-aided design and manufacturing tools to streamline workflows for various industrial applications. It enables users to create digital models and generate the code necessary to operate automated production equipment. The software supports milling, turning, wire EDM, and multi-axis machining processes. Features include simulation capabilities for verifying toolpaths and optimizing material removal strategies to improve manufacturing efficiency and accuracy. Additionally, it offers specialized modules for design and machine simulation, helping to standardize production processes across different industries.
- Website
- www.qtemfg.com
- Phone Number
- +1 **********
Key Metrics
Location
Stage
Acquired
Ranked
49th among 49 active competitors
Similar Companies
Exit Details
Acquired by Sandvik (Nov 03, 2025)
Mastercam's acquisition details
Mastercam got acquired by Sandvik on Nov 03, 2025.
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Mastercam's funding and investors
Mastercam has not raised any funding rounds yet.
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Mastercam's Competitors and alternates
Top competitors of Mastercam include Lambda Function, Macpower CNC Machines and Toolpath. Here is the list of Top 10 competitors of Mastercam, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Lambda Function 2020, San Francisco (United States), Funding Raised | Online CNC machine simulation software | - | 41/100 | |
2nd | Macpower CNC Machines 2003, Rajkot (India), Public | Manufacturer and exporter of CNC machines | - | - | 41/100 |
3rd | Toolpath 2021, Atlanta (United States), Seed | Developer of AI-powered CAM software for estimating and automating machining | $24.7M | 41/100 | |
4th | - | - | - | 34/100 | |
5th | Limitless.cnc Tel Aviv (Israel), Series A | Provider of CNC programming technology | $4.1M | 31/100 | |
6th | Limitless Labs 2024, Oradell (United States), Series A | Developer of conversational artificial intelligence agents for manufacturing software applications | $27.3M | 29/100 | |
7th | Online CNC machine simulation software for the manufacturing and dental sector | - | 26/100 | ||
8th | ![]() Kentech 1986, Worcester (United States), Unfunded | Developer of machine shop software for CNC programming and estimating | - | - | 25/100 |
9th | Tetralytix Germany, Unfunded | Provider of virtual tooling and process simulation software | - | - | 24/100 |
10th | Developer of CAM software and integrated robotic cells for automation | - | - | 24/100 | |
49th | ![]() Mastercam United States, Acquired | Developer of software for designing and programming precision CNC machines | - | - | - |
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Mastercam's Investments and acquisitions
Mastercam has made no investments or acquisitions yet.
Reports related to Mastercam
Here is the latest report on Mastercam's sector:
News related to Mastercam
Media has covered Mastercam for a total of 3 events in the last 1 year.
•
Mastercam acquires QTE Manufacturing SolutionsCanadian Metalworking•Dec 11, 2025•Mastercam, Mastercam
•
Mastercam Strengthens Support with QTE Manufacturing Solutions AcquisitionPR Newswire•Nov 04, 2025•Mastercam, Mastercam
•
Sandvik acquires US-based CAM reseller QTE Manufacturing SolutionsCision•Nov 03, 2025•Sandvik, Mastercam
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