GE Ventures and Silver Lake invest $40 million into Aras product lifecycle management

GE Ventures and Silver Lake have invested $40 million into Aras, a provider of enterprise product lifecycle management software.

The investment round was led by Silver Lake Kraftwerk, a fund of Silver Lake, with participation from GE Ventures, the investment arm of General Electric.

Aras says it will use this minority investment to drive growth, expand operations – including Aras’ service and support – and further extend Aras’ technology leadership through development and acquisitions.  Continue reading GE Ventures and Silver Lake invest $40 million into Aras product lifecycle management

Sarcos Robotics raises $25 million in funding from the likes of Microsoft and General Electric

Sarcos Robotics exoskeleton
The Sarcos Robotics exoskeleton, or dexterous robotic system

Startup company Sarcos Robotics has raised another $15.625 million in financing, bringing its total funding to $25 million.

The company’s investors include Caterpillar, Microsoft and GE Ventures.

Sarcos is developing an exoskeleton which the company describes as a “dexterous robotic system for unstructured environments”.  Continue reading Sarcos Robotics raises $25 million in funding from the likes of Microsoft and General Electric