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IQMS
Innovator in the design, development, and deployment of enterprise resource planning (erp) and mes software
About IQMS
In 1989, Randall Flamm, alongside his partner Nancy Flamm, founded IQMS in the heart of Paso Robles, California. The company embarked on a mission to revolutionize the manufacturing industry with its innovative ERP software solutions. Initially, IQMS introduced a DOS-based product named IQGenesis, which laid the foundation for its future offerings.
Over the years, IQMS steadily grew its reputation as a reliable provider of comprehensive ERP systems tailored for the manufacturing sector. The company's software enabled manufacturers to streamline operations, enhance productivity, and maintain quality control, making it an indispensable tool for its clients.
A pivotal moment in IQMS's journey came in December 2018, when it was acquired by Dassault Systèmes for $425 million. This acquisition marked a significant milestone, as it allowed IQMS to integrate its solutions into Dassault's expansive 3DEXPERIENCE platform, thereby broadening its reach and capabilities.
Today, IQMS continues to thrive under the umbrella of Dassault Systèmes, contributing to the digital transformation of manufacturing processes worldwide. The story of IQMS is a testament to the impact of strategic innovation and the value of aligning with global leaders to amplify one's mission.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 1989
- Headquarters
- Paso Robles, United States
- Employees
- 103
- Open positions
- None listed
- Dealroom signal
- 66.4/100
- Industry
- Fintech, Enterprise Software
- Sector
- Fintech, Supply Chain Management, Risk Management, Enterprise Resource Planning, Packaging and Containers, Aviation and Aerospace
- Business model
- Manufacturing, SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Dec 2018 | $425M | $425M | Dassault Systemes | ↗ |
| GROWTH EQUITY VCOther financing | Aug 2015 | $40M | — | Banneker Partners · TCV | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for IQMS is 21K monthly website visits, up 5% over the last three months. IQMS's team declined 3.7% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later2 investors entered at this stage
TCV
Banneker Partners
Other known investors1 additional known investor
Dassault Systemes
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about IQMS on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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