US-based high performance computing (HPC) technology developer Rescale raised $14m on Thursday in a series A round that included software provider Microsoft and trading group Itochu.
The corporates, which participated through their Microsoft Ventures and Itochu Technology Ventures units, were joined by venture capital firm TransLink Capital, which led the round, Jump Capital, Two Roads Group and Data Collective.
Rescale supplies simulation software and cloud HPC software for enterprises through a secure web-based application environment. It closed $6.4m in seed funding in July 2015 from Data Collective and angel investors including Sam Altman, Jeff Bezos, Richard Branson and Peter Thiel.
Joris Poort, chief executive of Rescale, said: “We are excited to be investing further in our geographic expansion to help serve the global demand for our platform and continuing to make our customers successful.
“From automotive design to drug discovery and even actual rocket science – we are very excited to continue to help the leading and most innovative enterprises empower their teams to accomplish more innovation faster.”