Rescale, a San Francisco, CA-based hybrid HPC cloud platform enabling intelligent computing for digital R&D, closed $50m in Series C funding.
Backers included Hitachi Ventures, Microsoft’s M12, Nautilus Venture Partners, NVIDIA, Republic Labs and Samsung Catalyst Fund.
The company, which brought total funding to over $100m, intends to use the funds to
Led by Joris Poort, CEO, and Adam McKenzie, CTO, Rescale is a hybrid HPC cloud platform delivering intelligent computing for digital R&D, and enabling more than 300 customers from startups to Fortune 50 enterprises to accelerate design cycles and time to market. Rescale gives research scientists and engineers the ability to run their simulation and artificial intelligence workloads on the cloud provider of their choice, using specialized hardware architectures and software templates optimized for their use cases, without any set-up or maintenance.