OnScale, a Redwood City, CA–based provider of cloud-enabled engineering simulation software, raised $10M in Series A funding.
The round was led by Intel Capital and Gradient Ventures, Google’s AI-focused venture capital fund, with participation from additional investors Thornton Tomasetti, Stage 2 Capital, Cultivation Capital, and CampbellKlein.
The company intends to use the funds to drive global expansion, respond to increasing demand, and accelerate development of its Computer-Aided Engineering (CAE) solutions for complex, real-world engineering applications.
Spun out of Thornton Tomasetti in 2017 and led by Chief Executive Officer Ian Campbell, OnScale provides an on-demand scalable engineering simulation software platform which allows engineers to accelerate innovation across multiple industries, including next-generation technologies such as MEMS, Semiconductor, 5G, Biomedicine, and Autonomous Vehicles. The company’s CAE tools, which combine multiphysics solver technology with cloud High Performance Computing (HPC), were architected for highly parallel mainframe computers to handle very large engineering simulation problems.
Current OnScale solutions address the simulation needs of Semiconductor and MEMS, 5G mobile, next-gen biomedical, infrastructure safety, and autonomous vehicle markets.
FinSMEs
01/04/2019