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Today: June 13, 2024
May 26, 2024
1 min read

Revolutionizing Manufacturing: Simr Raises $20M for SimOps Advancements

TLDR:

Simr, previously known as UberCloud, raised $20 million in Series A funding led by Uncorrelated Ventures, with investments from BMW i Ventures and Earlybird Venture Capital. The company unveiled Simulation Operations Automation (SimOps), a platform that offers best practices in computer simulations utilized by design engineers. Simr helps engineers design, verify, and test products by automating simulations in the cloud, eliminating the need for complex High-Performance Computing (HPC) environments. With partnerships with leading simulation platform providers, Simr aims to boost innovation and productivity among design engineers while providing IT and operational control. SimOps enables engineers to focus on design decisions rather than managing compute resources, accelerating product development timelines. The Simr platform offers several benefits, including utilizing cloud HPC, ensuring a no-compromise user experience, maintaining security and compliance, and fixed per-user pricing models.

Article Summary:

Simr (previously known as UberCloud) has raised $20 million in Series A funding led by Uncorrelated Ventures, with investments from BMW i Ventures and Earlybird Venture Capital. The company unveiled Simulation Operations Automation (SimOps) as a platform that offers best practices in computer simulations utilized by design engineers. Simr aims to transform how engineers design, verify, and test products by automating sophisticated simulations in the cloud, eliminating the need for complex High-Performance Computing (HPC) environments. The platform also enables the implementation of SimOps best practices, boosting innovation and productivity among design engineers while enabling IT and operational control. Simr partners with leading simulation platform providers like Ansys, Siemens, and Dassault Systèmes. With the funding round, new members join the Simr board of directors. Simr’s SimOps has the potential to revolutionize product design processes and enable companies to iterate and test ideas more quickly and cost-effectively.

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