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CloudNC raised $20 million to expand its AI-powered CAM software for precision CNC machining

Funding Provisional 86% confidence first seen

CloudNC announced a $20 million investment round to grow its precision machining software and AI-powered CAM automation platform, CAMAssist. The company plans to expand adoption, enter new markets, develop additional AI offerings such as Quote Agent, and pursue FedRAMP certification with Knox Systems.

The deal

Deal terms as reported in the coverage below.

Source coverage

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