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About Rescale
Industries
Industrial & Manufacturing
Enterprise Software
Company Size
201-500
Company Stage
Series D
Total Funding
$267.4M
Headquarters
San Francisco, California
Founded
2011
Overview
Rescale provides a cloud-based platform for high-performance computing (HPC) solutions aimed at computational engineering and research & development (R&D). It helps clients overcome limitations of legacy hardware by offering secure and scalable computing resources, enabling faster product development and improved collaboration. The platform operates on a pay-as-you-go model, allowing users to access computing power as needed. Rescale's goal is to enhance agility and efficiency in R&D, helping clients bring competitive products to market more quickly.
Simplify's Take
What believers are saying
- Integration with NVIDIA Omniverse enhances real-time CAE workflows and GPU-driven efficiency.
- Series E funding of $115M boosts platform development and market expansion.
- NEC investment may lead to hybrid service offerings, expanding market reach.
What critics are saying
- Competition from NVIDIA's Omniverse Blueprint may challenge Rescale's market position.
- Integration of NVIDIA Blackwell in CAE software may reduce demand for Rescale's platform.
- Rapid AI-driven simulation advancements by competitors could outpace Rescale's offerings.
What makes Rescale unique
- Rescale offers cloud-based HPC solutions for computational engineering and R&D.
- The platform supports seamless collaboration and data integration for faster product development.
- Rescale's pay-as-you-go model provides scalable, on-demand computing resources.
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Funding
Total Funding
$267.4M
Above
Industry Average
Funded Over
6 Rounds
Y Combinator
SV AngelBenefits
Health Insurance - Medical, dental and vision coverage.
Apple Gear - Get the latest tools to do amazing work.
Team Events - Happy hours, picnics, and hackdays
Catered Lunches - Get tasty meals delivered three days a week.
Commuter Benefits - Pre-tax savings on your commute.
401(k) + Stock Options - Receive meaningful equity in the company.
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↓ -1%NEC's Corporate Venture Capital fund, NEC Orchestrating Future Fund (NOFF), has invested in Rescale, Inc., a San Francisco-based startup offering pay-as-you-go cloud services for high-performance computing (HPC). Rescale addresses the challenge of efficiently utilizing computational resources by providing cloud-based HPC services, allowing users to access necessary computing resources and software environments on demand. NEC aims to integrate Rescale's services into its HPC solutions and explore hybrid service offerings.
NEC Orchestrating Future Fund has invested in Rescale, Inc., a San Francisco-based provider of a cloud high-performance computing (HPC) platform. This investment aims to enhance NEC's computing solutions by integrating Rescale's cloud services, offering hybrid on-premises and cloud options. Rescale's platform supports flexible HPC environments, intelligent data management, and applied AI, aligning with NEC's vision of creating sustainable societies. Financial details of the investment were not disclosed.
Rescale raises $115M in series E funding.
Nvidia, Applied Materials, Hitachi Ventures, Foxconn, and Y Combinator have invested in digital engineering startup Rescale, which secured $115 million in Series D funding. This round brings Rescale's total funding to over $260 million. Rescale's platform integrates high-performance computing, data intelligence, and applied AI to enhance product development in sectors like aerospace, life sciences, and automotive.
Just ask Joris Poort, founder and chief executive of the AI physics modeling company Rescale, which today announced a $115 million Series D funding round with backing from some of the biggest names in tech, including chip giant NVIDIA and Taiwanese manufacturing powerhouse Foxconn.
Rescale is Hiring for 8 Jobs on Simplify!
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About Rescale
Industries
Industrial & Manufacturing
Enterprise Software
Company Size
201-500
Company Stage
Series D
Total Funding
$267.4M
Headquarters
San Francisco, California
Founded
2011
Rescale is Hiring for 8 Jobs on Simplify!
Find jobs on Simplify and start your career today