OpenBOM
By Newman Cloud, Inc.
OpenBOM is a cloud-based platform designed to streamline the management of product data, bills of materials (BOMs), and inventory for engineering and manufacturing teams. It integrates seamlessly with various CAD tools, enabling real-time collaboration and efficient data management. The platform is known for its user-friendly interface and robust features that cater to the needs of small to medium-sized manufacturing companies.
OpenBOM was founded in 2015 by Oleg Shilovitsky, Christopher Chaulk, and Vic Sanchez. The founders brought extensive experience in engineering, software architecture, and business management from companies like Autodesk, Dassault Systèmes, and Hewlett-Packard. Since its inception, OpenBOM has grown steadily, leveraging the latest agile product development methods to release new features and improvements regularly.
OpenBOM has raised a total of $4 million in funding through a seed round completed in August 2018. The company is privately held and venture capital-backed, with its headquarters located in Newton, Massachusetts. The funding has been instrumental in supporting the company's growth and development of its cloud-native platform.
OpenBOM offers a comprehensive suite of features designed to enhance product data management and collaboration:
OpenBOM has not publicly announced any acquisitions but has focused on expanding its product capabilities. Recent updates include the introduction of the xBOM feature, which allows users to manage various types of BOMs such as Engineering BOM (EBOM), Manufacturing BOM (MBOM), and Support BOM (SBOM). This expansion enhances collaboration and streamlines processes across the product lifecycle.
The March 2025 release introduced significant advancements, including a new Items Dashboard that redefines how users interact with product data. The update also brought enhancements to CAD integrations, such as the Quick Start feature for 1-click BOM generation and improved admin tools for better file handling and type mapping. These updates aim to provide a more intuitive and efficient user experience.
OpenBOM emphasizes a culture of innovation, collaboration, and customer-centricity. The company values transparency, agility, and continuous improvement. It strives to provide the most responsive customer support and regularly incorporates customer feedback into its product development process. The founders' passion for the manufacturing industry and new technologies is reflected in the company's commitment to delivering cutting-edge solutions.
OpenBOM has a diverse user base that includes thousands of engineers and manufacturing professionals worldwide. The company has established a vibrant user community where members can share knowledge, collaborate, and provide feedback. This community-driven approach helps OpenBOM continuously improve its platform and better meet the needs of its users.
