Latka logo
Polarion Software logo

Polarion Softwarerevenue, acquisition & funding

ALM Software SuitesAlameda, CaliforniaFounded 2003

Polarion Software was acquired by Siemens Digital Industries Software.

Polarion Software is an ALM Software Suites company based in Alameda, founded in 2003.

polarion.comLinkedInUpdated Oct 30, 2026
Annual revenue
$3.4M
Apr 2021
Owner
Siemens Digital Industries Software
Date not on record
Total raised
$10M
1 round
Employees
78
Apr 2021

Polarion Software revenue

Polarion Software's annual revenue was $3.4M in April 2021, its last figure before Siemens Digital Industries Software bought it (source not recorded).

$0
$1M
$2M
$3M
$0
–
$3.4M
20032004–202021
ReportedFounded 2003 at $0; every reading has its own bar
As ofRevenueSource
Apr 2021$3.4M–

– source not recorded

Who owns Polarion Software

Siemens Digital Industries Software owns Polarion Software. The date and price of the deal are not on record.

Polarion Software funding rounds & investors

Polarion Software has raised $10M in one round, in March 2014.

DateRoundRaised
Mar 2014Funding round$10M
Total raised$10M

Polarion Software CEO, founders & employees

Michael Carey founded Polarion Software in 2003 and led it as CEO. Polarion Software had 78 employees (April 2021).

0
20
40
60
78
2021
ReportedOne figure per year; a reported figure wins over an estimate

Team mix (Apr 2021): 9 engineers, 4 in sales, 1 in marketing

Polarion Software FAQ

What was Polarion Software's revenue?

Before Siemens Digital Industries Software bought it, Polarion Software's annual revenue was $3.4M in April 2021 (source not recorded).

Who owns Polarion Software?

Siemens Digital Industries Software owns Polarion Software.

How much funding has Polarion Software raised?

Polarion Software raised $10M in one funding round before Siemens Digital Industries Software bought it, in March 2014.

How many employees does Polarion Software have?

Polarion Software had 78 employees in April 2021.

Who founded Polarion Software?

Michael Carey founded Polarion Software in 2003.

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 Polarion Software? Join the podcast