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Mastercam - About the company

Mastercam is an acquired company based in Tolland (United States), founded in 1983. It operates as a Developer of CAD and CAM software for CNC manufacturing applications. The company has 28 active competitors, including 1 funded and 4 that have exited. Its top competitors include companies like CloudNC, GibbsCAM and OPEN MIND Technologies.

Company Details

Developer of CAD and CAM software for CNC manufacturing applications. The software provides comprehensive tools for computer-aided design and manufacturing across multiple machining processes including milling, turning, mill-turn, wire EDM, and routing. It supports both 2D and 3D modeling capabilities and integrates advanced features like smart toolpaths, multiaxis cutting, and machine simulation. The products are designed to streamline the transition from design to production, improving machining precision and efficiency. The software suite includes specialized modules for probing, deburring, and accelerated finishing, alongside a complete tool library.
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Founded Year
1983
Location
Tolland, United States
Stage
Acquired
Ranked
Employee Count
50 - 199 as on Mar 01, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Sandvik (Aug 25, 2021)

Mastercam's acquisition details

Mastercam got acquired by Sandvik on Aug 25, 2021.
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Mastercam's funding and investors

Mastercam has not raised any funding rounds yet.

Mastercam's founders and board of directors

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Mastercam's employee count trend

Mastercam has 50 - 199 employees as of Mar 26. Here is Mastercam's employee count trend over the years:
Employee count trend for Mastercam
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Mastercam's Competitors and alternates

Top competitors of Mastercam include CloudNC, GibbsCAM and OPEN MIND Technologies. Here is the list of Top 10 competitors of Mastercam, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Mastercam
Mastercam
1983, Tolland (United States), Acquired
Developer of CAD and CAM software for CNC manufacturing applications
-
-
57/100
2nd
Logo for CloudNC
CloudNC
2015, London (United Kingdom), Series B
Cloud based CNC machine controlling and optimizing
$72M
53/100
3rd
Logo for GibbsCAM
GibbsCAM
1982, Moorpark (United States), Acquired
CNC programming software for efficient and precise machining solutions
-
-
51/100
4th
Logo for OPEN MIND Technologies
OPEN MIND Technologies
1994, Wessling (Germany), Funding Raised
CAD CAM software for 2d 3d 5-axis milling
-
44/100
5th
Logo for Vero S
Vero S
1988, Cheltenham (United Kingdom), Acqui-Hired
Provider of CAD & CAM software solution
-
40/100
6th
Logo for Cimatron
Cimatron
1982, Rock Hill (United States), Acquired
Integrated CAD/CAM software solutions for tooling design and manufacturing
-
-
38/100
7th
Logo for SPRUT Technology
SPRUT Technology
1986, Naberezhnye Chelny (Russia), Unfunded
CAM software solution for manufacturing applications
-
-
38/100
8th
Logo for ANT
ANT
2006, Krakow (Poland), Acquired
Manufacturing execution and automation soltution
-
30/100
9th
Logo for Vaal Triangle
Vaal Triangle
2005, Pune (India), Unfunded
CAM software solutions provider
-
-
30/100
10th
Logo for Striker Systems
Striker Systems
1985, White House (United States), Unfunded
Sheet metal CAD/CAM nesting software for CNC laser, punching, cutting
-
-
29/100
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Mastercam's Investments and acquisitions

Mastercam has acquired 2 companies including Inhouse Solutions and Mcamnw. Mastercam has not made any investments as of now.
See all acquisitions by Mastercam

Reports related to Mastercam

Here is the latest report on Mastercam's sector:

News related to Mastercam

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Media has covered Mastercam for a total of 12 events in the last 1 year, 4 of them have been about company updates and 1 about partnerships.
Don’t fear AI in your machine shopCanadian MetalworkingAug 11, 2025Mastercam
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