EDEM Simulationrevenue, acquisition & funding
Simulation & CAE SoftwareEdinburgh, England, United KingdomFounded 2003
EDEM Simulation was acquired by Altair Engineering.
EDEM Simulation is a Simulation & CAE Software company based in Edinburgh, founded in 2003.
EDEM Simulation revenue
EDEM Simulation's annual revenue was $1.1M in April 2021, its last figure before Altair Engineering bought it (source not recorded).
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $1.1M | – |
– source not recorded
Who owns EDEM Simulation
Altair Engineering owns EDEM Simulation. The date and price of the deal are not on record.
EDEM Simulation funding rounds & investors
EDEM Simulation has raised $5.8M across two rounds since 2005. The latest was a $4M funding round in May 2007.
| Date | Round | Raised |
|---|---|---|
| May 2007 | Funding round | $4M |
| Jul 2005 | Funding round | $1.8M |
| Total raised | $5.8M |
EDEM Simulation CEO, founders & employees
Ian Williamson founded EDEM Simulation in 2003 and led it as CEO. EDEM Simulation had 37 employees (April 2021).
- Ian WilliamsonFounder & CEO
Team mix (Apr 2021): 20 engineers, 7 in sales, 5 in marketing
EDEM Simulation FAQ
What was EDEM Simulation's revenue?
Before Altair Engineering bought it, EDEM Simulation's annual revenue was $1.1M in April 2021 (source not recorded).
Who owns EDEM Simulation?
Altair Engineering owns EDEM Simulation.
How much funding has EDEM Simulation raised?
EDEM Simulation raised $5.8M across two funding rounds before Altair Engineering bought it. The last was a $4M funding round in May 2007.
How many employees does EDEM Simulation have?
EDEM Simulation had 37 employees in April 2021.
Who founded EDEM Simulation?
Ian Williamson founded EDEM Simulation in 2003.
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How this page is sourced
Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Oct 30, 2026Data disclaimerReport a correctionClaim this profileRun EDEM Simulation? Join the podcast