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Rescale, Inc.

Category: AI Infrastructure

Cloud-based high-performance computing (HPC) platform designed for engineering and scientific simulations. It enables users to run complex computational workloads in the cloud. Rescale, Inc. was founded in 2011. The company is led by Joris Poort. Based in San Francisco, CA, USA. Team size: 201-500. Total funding raised: Over $290 million. Latest round: $115 million Series D (June 2024). Key investors include Applied Ventures (Applied Materials), NVIDIA, Samsung Catalyst Fund, Microsoft M12, Hitachi Ventures, Initialized Capital, Andreessen Horowitz, Jeff Bezos Expeditions, Sam Altman.

Founded
2011
Headquarters
San Francisco, CA, USA
Team size
201-500
Total funding
Over $290 million

Value proposition

Offers scalable, secure, and on-demand HPC infrastructure combined with a vast array of simulation software, accelerating innovation while reducing IT overhead and risk of vendor lock-in.

Products and solutions

ScaleX Platform (Core platform for managing HPC workflows), Integrated Software Portfolio (Access to 1000+ simulation tools, including Ansys, Siemens Simcenter, COMSOL, etc.), Cloud Infrastructure Integration (Supports multi-cloud environments: AWS, Azure, GCP, Oracle Cloud), Admin Portal (Tools for budget control, security, and resource allocation), End-to-end Workflow Automation (Features for automation, optimization, and performance tuning)

Unique value

Platform-agnostic cloud HPC solution focused on engineering and scientific simulation workflows. Integrates a vast library of simulation software with a full-stack management system.

Target customer

Engineers, scientists, researchers, R&D departments, and IT teams in computationally intensive industries.

Industries served

Aerospace & Defense, Automotive, Energy, Life Sciences & Bioinformatics, Manufacturing, Semiconductors & Electronics, Academic Research

Technology advantage

Turnkey solution that simplifies complex HPC deployments; its multi-cloud strategy prevents vendor lock-in while delivering specialized performance optimizations and robust security/compliance (e.g., ITAR, FedRAMP, SOC 2) for computationally intensive tasks.

How they differentiate

Differentiates by focusing on R&D simulation workloads with a unified multi-cloud platform that features deep software integration, workflow automation, and specialized performance tuning beyond general cloud provider tools.

Main competitors

Cloud Provider HPC Services (e.g., AWS HPC, Azure HPC, Google Cloud HPC), On-premise HPC clusters, Other Cloud HPC Platforms (e.g., Ansys Cloud, SimScale)

Key partnerships

Major Cloud Providers (AWS, Azure, Google Cloud, Oracle Cloud), Simulation Software Vendors (Ansys, Siemens, Dassault Systèmes, COMSOL, etc.), Hardware Providers (NVIDIA, Intel, AMD), System Integrators

Notable customers

Boeing, Nissan, Samsung, LG Electronics, Doosan Enerbility, Vertical Aerospace, Federal government agencies

Major milestones

Founded in 2011 Secured multiple funding rounds with investments from major tech and venture firms Expanded integration of a wide range of simulation and hardware partners Achieved key compliance certifications (e.g., FedRAMP, ITAR, SOC 2) Notable customer acquisitions across various high-tech industries Closed latest $115M Series D funding round in June 2024

Growth metrics

Significant customer adoption and platform usage growth, evidenced by large funding rounds and sustained investor interest. Specific user metrics remain proprietary.

Market positioning

Recognized as a leading independent provider of cloud HPC platforms tailored specifically for engineering and scientific simulation workloads.

Geographic focus

Global presence with strong market positions in North America, Europe, and Asia-Pacific.

Patents and IP

No detailed patent portfolio publicly disclosed; the company likely holds intellectual property related to cloud orchestration, workflow management, and HPC optimization.

About Joris Poort

Joris Poort is the Founder and CEO of Rescale, a software platform for engineering and scientific computing that is digitally transforming new product innovation with cloud-based accelerated computing and AI-assisted engineering. Prior to founding Rescale, Joris worked as a consultant at McKinsey & Company on product development in semiconductor and high-tech engagements and as an engineer at Boeing.

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