Optimal+ Raises $42 Million Growth Round Led By KKR
Optimal+ was founded in 2005 in
Optimal+ provides an end-to-end solution that delivers actionable business intelligence to the semiconductor industry through a cutting-edge big data solution that analyzes and processes more than 25 billion chips per year. The enterprise software solution collects, cleans and aggregates large amounts of data from multiple manufacturing locations and delivers insights that allow customers to significantly improve their product quality, output yields and processing times with complete supply chain visibility. The product thereby delivers significant cost savings and a high return on investment to its end users.
Lucian Schönefelder, Director of the European Technology and
KKR has a long-established track record of supporting technology companies, having invested more than
The investment in Optimal+ is part of KKR's growth equity effort, which focuses on selective investments in fast-growing, technology-enabled companies that sell differentiated products with global market potential and which are led by outstanding founders. Recent growth equity investments by KKR include ClickTale (behavioral big data analytics business for web & mobile), Ping Identity (identity security software), arago (AI-based IT automation software), Next Issue Media (digital magazine subscription marketplace) and others.
KKR is funding the investment primarily from its own balance sheet. No financial terms were disclosed.
Optimal+ is a global provider of Manufacturing Intelligence software solutions, enabling semiconductor and electronics companies to seamlessly aggregate, organize and act upon the global manufacturing and test data generated across their internal and external supply chains to measurably improve yield, quality and productivity. The company's real-time, Big Data analytics solutions are deployed in virtually every major foundry and OSAT currently serving the semiconductor ecosystem, processing over 25 billion chips every year on behalf of its customers and ushering in an era of unprecedented supply chain visibility that translates into strong and measurable ROI. For more information, visit www.optimalplus.com.
KKR is a leading global investment firm that manages investments across multiple asset classes including private equity, energy, infrastructure, real estate, credit and hedge funds. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world‐class people, and driving growth and value creation at the asset level. KKR invests its own capital alongside its partners' capital and brings opportunities to others through its capital markets business. References to KKR's investments may include the activities of its sponsored funds. For additional information about
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