Google, Intel back solver-as-a-service startup

April 04, 2019 //By Peter Clarke
Google, Intel back solver-as-a-service startup
OnScale Inc. (Redwood City, Calif.), a provider of cloud-based engineering software, has raised $10 million in a Series A led by Intel Capital and Gradient Ventures, Google’s AI-focused venture capital fund. Additional investors in the round included Thornton Tomasetti, Stage 2 Capital, Cultivation Capital, and Campbell-Klein.

The latest round of funding comes on top of a seed funding round of $3 million led by science and engineering consultancy Thornton Tomasett (see Solver-as-a-service vendor raises $3 million ).

OnScale combines computer aided engineering with high-performance computing to offer online solutions for such applications as finite element analysis and computational fluid dynamics for applications in 5G, Internet of Things (IoT), biomedical and autonomous driving.

OnScale CAE tools are based on proprietary solvers of physics architected for highly parallel mainframe computers to handle very large engineering simulation problems. OnScale was spun out of Thornton Tomasetti in 2017.

OnScale says it has customers including more than one Fortune 100 company.

The company is focusing on improving OnScale’s user interface, expanding the breadth of physics solver capabilities, and forming partnerships with other software companies to provide seamless engineering workflows.

Related links and articles:

www.onscale.com

www.intelcapital.com

www.gradient.com

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