Identify3D partners with UL Ventures as a Strategic Investor

Identify3D partners with UL Ventures as a Strategic Investor

Company News

9/27/18 – Identify3D, a software provider for digital manufacturing security, quality and traceability based in San Francisco, California, USA, has partnered with UL, a global safety science company as a strategic investor.

Distributed manufacturing is an underlying megatrend in the next industrial revolution. Identify3D’s digital supply chain solution enables OEMs and other Intellectual Property (IP) creators to protect their manufacturing data and manage the distribution to 3rd parties while enforcing process (e.g. machines parameters) and business rules (e.g. number of copies allowed). In addition to that, it provides an underlying track and trace capability for both the digital assets and the physical products .

“Partnering with Identify3D is another example of how UL is investing in the advancement of safety with Industry 4.0,” said Simin Zhou, VP & Managing Director of UL Ventures. “New manufacturing technologies are disrupting the supply chain and there is a need for the secure and reliable exchange of data. Working with Identify3D and its partners is a natural fit with UL’s digital manufacturing strategy.”

“Like any new technology that leads to the creation of a physical products, standards and certifications will be needed to establish trust in the ecosystem,” added Stephan Thomas, Co-founder and Chief Strategy Officer of Identify3D, “UL has been a pioneer and thought leader in building these standards and Identify3D is proud to partner with UL to enable the deployment of Industry 4.0 solutions”.

Originally posted here.