Frustum, Inc.

Frustum, Inc. specializes in generative design software, enabling engineers to autonomously create optimized design alternatives through artificial intelligence and machine learning, enhancing product innovation across various industries. Founded in 2014 and headquartered in Boulder, US, Frustum, Inc. develops innovative software solutions for generative design.

The company was acquired by PTC in November 2018 for approximately USD 70. 00 mn. The CEO of Frustum is Jesse Blankenship, who has a background in leading technology-driven initiatives in the engineering sector. Frustum, Inc.

offers a suite of generative design software solutions, including Generative Topology Optimization (GTO) and the cloud-based Generative Design Extension (GDX). These solutions leverage artificial intelligence (AI) and machine learning to allow engineers to generate design alternatives that meet specific constraints related to materials, manufacturing processes, and performance metrics. The software supports various industries, including aerospace, automotive, and machinery, serving clients globally with tailored solutions to their operational challenges. Frustum, Inc.

generates revenue primarily through subscription-based licensing of its software products. Clients, including large enterprises and smaller engineering firms, engage in transactions directly with the company, opting for annual or multi-year subscriptions that grant access to Frustum’s suite of design tools and updates. The pricing structure is tiered to accommodate diverse user needs, aligning with the complexity of the software utilized. Following the acquisition by PTC, Frustum, Inc.

is positioned to enhance its product offerings by integrating with PTC’s broader portfolio. The recent funding of approximately USD 70. 00 mn will be directed towards developing new features and expanding market reach. The company aims to leverage this capital to enhance its cloud-based solutions and explore new markets in Asia-Pacific and Europe by 2022.

With a focus on fostering innovation, Frustum is set to launch additional features within its generative design software that will further streamline engineering processes.