Santa Clara, CA – According to filings with the U.S. Securities and Exchange Commission, PropelPLM dba Propel is raising $20,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Ray Hein played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About PropelPLM dba Propel
Propel makes cloud-based software that helps manufacturers deliver customer-centric products. Propel combines Product Lifecycle Management (PLM), Quality Management (QMS), and Product Information Management (PIM) into a single SaaS solution. This enables companies to create innovative products, correct product issues with closed-loop quality, and successfully commercialize their products. Since Propel is built on the Salesforce platform, the product and customer records are natively connected. .

To learn more about PropelPLM dba Propel, visit http://www.propelplm.com/

Contact:
Ray Hein, Chief Executive Officer
408-320-5962
ray@propelplm.com
https://www.linkedin.com/in/rayhein/

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