Canada-based Rocscience Secures Growth Investment from TA Associates. The deal’s total value was not made public. Nicholas Leppla, John Triebsch, a senior vice president at TA, and Ashutosh Agrawal, a managing director at TA, will all join the Rocscience board of directors as a result of the deal. John Curran, D.O., is going to stay on the board of directors.
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With this investment, the firm hopes to leverage both organic and inorganic growth initiatives: extending its product line through strategic M&A, investing in operations and marketing initiatives, and expanding its product offerings into adjacent market categories.
Rocscience is an organisation that specialises in 2D and 3D modelling, simulation, and analysis of rock and soil behaviour. It was founded in 1996 by Dr. John Curran, Executive Chair, and is run by CEO and President Thamer Yacoub.
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The individuals on its team are committed to creating geotechnical software for experts in the mining, structural, and civil industries. The company offers an integrated portfolio of technologies that assist engineers in resolving geotechnical difficulties by fusing research with ongoing software development.
About Rocscience
Leading global developer of 2D and 3D software for civil, mining, and geotechnical engineers, Rocscience was founded in 1996. Being engineers, they understand the value of dependable and user-friendly software.
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