nTopology Raises $40M in Series C Funding

nTopology

nTopology, a New York-based provider of a platform to empower engineers to design products, raised $40M in Series C funding.

The round was led by Insight Partners, joined by Grant Verstandig and existing venture partners Root, Canaan, DCVC, & Haystack. In conjunction with the funding, Josh Fredberg of Insight Partners will be joining nTopology’s Board of Directors.

The company intends to use the funds to expand its business reach.

nTopology provides the nTop Platform to empower engineers to design products. The software is used at hundreds of engineering companies by thousands of engineers on their most advanced projects in the aerospace, automotive, medical, and consumer industries.

FinSMEs

16/09/2020

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