Simr, fka UberCloud, a Los Altos, CA-based company advancing SimOps for manufacturers, raised $20M in Series A funding.
The round was led by Uncorrelated Ventures, with participation from BMW i Ventures and Earlybird Venture Capital.
Salil Deshpande, General Partner at Uncorrelated Ventures, and Baris Guzel, Partner at BMW i Ventures, joined Ali Kutay, CEO and Chairman of Striim, and Roland Manger, Co-founder and Partner at Earlybird Venture Capital, on the Simr board of directors.
The company intends to use the funds to expand operations and development efforts.
Led by CEO Burak Yenier, and President Wolfgang Gentzsch, Simr aims to help manufacturers by advancing SimOps, the practice of automating simulation processes to improve decision-making, innovation, efficiency, and quality in product design and engineering. It enables rapid product development and delivery with a platform compatible with any compute infrastructure, which allows engineers to securely design and test product concepts using existing workflows and tools, providing complete control over their simulation workflows and data.
The company is closely partnered with leading simulation platform providers, including Ansys, Siemens, and Dassault Systèmes.
FinSMEs
21/05/2024
