QuinLogic
QuinLogic develops software for process improvement in the manufacture of sheet material (steel, paper).
Business Model:
Revenue: $0
Employees: 11-50
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Detailed QuinLogic Information
Geographic Data
Address: 4699 Auvergne Ave Suite 5
City: Lisle
State: IL
Zip: 60532
Country: US
Financial Info
Stage:
seed
Raised Last:
$2M
Raised Total:$2M
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Description
QuinLogic is one of the most innovative German ‘Industry 4.0′ companies. To enable industrial mass production and at the same time highest flexibility, QuinLogic has developed software products by applying latest generation of computing power and storage capabilities. Based on this technical evolution, the experienced team of QuinLogic provides an “easy to use” quality assurance solution for steel and aluminum mills. It is already in daily operation in several high end flat rolling mills worldwide. The QuinLogic Software secures reliable slab/plate/coil quality for the challenging markets e.g. for automotive-, airplanes-, wind energy-, high strength- and wear resistant material grades. And it also provides proactive support, to immediately address production problems and therefore minimize deficiencies in customer products. Its seamless communication interfaces to existing MES, ERP and gauging systems allows fully integrated systems in all existing but also new production lines.
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| Announced Date | Company | Transaction | Money Raised |
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| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 9/2008 | Seed Round | 2 | $2.3M |
KfW Seed Fonds Aachen KfW Seed Fonds Aachen |
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