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. [Read more…] about GE Ventures and Silver Lake invest $40 million into Aras product lifecycle management
