CIMdata PLM Industry Summary Online Archive
16 August 2004
Company News
Dellego Technologies Secures $1.5 Million in Funding for Iced*CAD Technology
Dellego Technologies, a metro Detroit-based technology company, announced that it has been awarded $1.5 million in funding from a private equity group. The funding supports Dellego's Iced*CAD product, to continue developing the proprietary technology and to raise the company's profile in strategic markets.
Dellego Technologies is the creator and owner of Iced*CAD technology, which delivers assemble-to-order technology via the web. It connects engineering designs with quoting, production and delivery processes, all visible to the customer. It allows clients to choose drawings and parts from an online inventory list, creating custom parts.
To reflect a new direction and extend its brand-building potential, the company recently changed its name from QSSolutions Engineered Systems Group to Dellego Technologies, LLC. Dellego is a variation on the Latin words for 'select' and 'connect', which is appropriate since Iced*CAD delivers the ability to connect companies with their clients, while giving them the freedom to customize their own products.
The funding for ongoing Iced*CAD sales and development, and the branding of Dellego Technologies has been provided by Cooke & Moses, LLC, of Columbia, South Carolina.
Dellego Technologies has successfully installed and implemented Iced*CAD with a hydraulics manufacturer and distributor in Florida, and plans to roll the technology out to additional markets, including pump and hydraulic system manufacturing, emergency and custom-made vehicles, machining and tooling, and construction.
"Iced*CAD is changing the way engineering and product design is approached," said Tom Kelly, president and CEO of Dellego. "It is different from any other software because it combines the aspects of a web-based configurator with additional rules engines to produce a 3-D image."
Iced*CAD has won the 2003 "Show Stopper" Award at the National Design and Engineering Show and CADwire.net's 2003 "Innovator of the Year" award.
Dellego Technologies was founded in Royal Oak, Mich., in 2003 as QSSolutions Engineered Systems Group. The company develops business and technology strategies for individual manufacturers and distributors. Dellego assists clients in developing the proper business approach to incorporate PLM, ERP, CRM, CPD, SCM, MRO and other business processes into a usable, scalable and functioning business strategy to fulfill customer needs. For more information, visit http://www.dellego.com
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