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Rescale

Topic: Company

 From HandWiki - Reading time: 3 min
Rescale, Inc.
IndustrySoftware
Founded2011
FounderJoris Poort
Adam McKenzie
HeadquartersSan Francisco, California
ProductsCloud computing
Number of employees
180
Websiterescale.com

Rescale is a software technology company that provides "Intelligent Computing for Digital R&D", with a focus on high-performance computing, cloud management, and computer aided engineering.

Overview

Rescale helps organizations across industries accelerate science and engineering breakthroughs by eliminating computing complexity. Rescale offers high-performance computing as-a-service to organizations through automation on a hybrid cloud control plane with security, architecture, and financial controls. Design Engineering magazine describes Rescale as "...a good fit for manufacturers who need to run complex simulation and optimization jobs, but don't have the HPC hardware required."[1]

As of 2015, Rescale established the largest globally available HPC network which enables hybrid and multi-cloud operations across major cloud service providers and on-premises data centers.[2] Rescale provides IT and HPC practitioners with access to computing architectures targeted to workloads in the aerospace, automotive, pharmaceutical, computational genomics, manufacturing, electronic design automation, and semiconductor industries.

History

Founded in 2011 in San Francisco , California, by Joris Poort (CEO) and Adam McKenzie (CTO), Rescale launched in Y Combinator[3] and has been recognized as a top company multiple times, and as recently as 2023.[4] At Boeing, Poort and McKenzie, the founders, created software technology that achieved $180 million in savings by optimizing the 787 Dreamliner's weight.[5]

Investors

Rescale received investment funding from high-profile investors including Sam Altman, Jeff Bezos,[6] Richard Branson, Chris Dixon,[7] Paul Graham, and Peter Thiel.[8][9][10][11] Notable corporate and venture capital investors include Nvidia, M12 (venture capital) arm of (Microsoft), Hitachi, Samsung, Initialized Capital, and Andreessen Horowitz. By 2022, Rescale had raised over $200 million and reached a valuation of over $1 billion, making it the first unicorn company in cloud high performance computing.[12]

Partnerships

Rescale has strategic partnerships with major cloud infrastructure providers Amazon Web Services, Microsoft Azure, Google Cloud Platform, and Oracle Cloud Platform and with engineering software companies in the computer aided engineering space including ANSYS, AutoForm,[13] Siemens Digital Industries Software,[14] Dassault Systemes[15] and MSC Software.[16]

See also

References

  1. ↑ Kenneth. "Rescale: Build Your Own Simulation Template in the Cloud". Virtual Desktop. http://www.deskeng.com/virtual_desktop/?p=6693. 
  2. ↑ "Rescale's Political Stance Boosts Cloud Based Supercomputing". The Platform. 27 May 2015. http://www.nextplatform.com/2015/05/27/rescales-political-stance-boosts-cloud-based-supercomputing/. 
  3. ↑ "Y Combinator". Y Combinator. http://www.ycombinator.com. 
  4. ↑ "Rescale Named to Y Combinator's Top Companies List for Fifth Year in a Row". February 28, 2023. https://www.prnewswire.com/news-releases/rescale-named-to-y-combinators-top-companies-list-for-fifth-year-in-a-row-301757132.html. 
  5. ↑ "Former Boeing engineer builds a better way to run simulations". San Francisco Business Times. 2015-10-09. http://www.bizjournals.com/sanfrancisco/blog/2015/10/rescale-joris-poort-boeing-aerospace-simulation.html. 
  6. ↑ "Bezos Expeditions". http://www.bezosexpeditions.com/. 
  7. ↑ "Angel List". https://angel.co/rescale. 
  8. ↑ "Rescale Emerges With $6.4M to Make Complex Product Design Easier". Wall Street Journal. 2015-05-14. https://blogs.wsj.com/venturecapital/2015/07/14/rescale-emerges-with-6-4m-to-make-complex-product-design-easier/. 
  9. ↑ "Rescale investors". Rescale. http://www.rescale.com/investors/. 
  10. ↑ "Superstar-backed Rescale nets $6.4 million to build a better engineering cloud". Fortune. 2015-05-14. http://fortune.com/2015/07/14/rescale-nets-6-4m-to-build-a-better-engineering-cloud/. 
  11. ↑ "Rescale Lands $6.4M From Who's Who of Investors". TechCrunch. 2015-05-14. https://techcrunch.com/2015/07/14/rescale-scores-6-4m-from-a-whos-who-of-silicon-valley-investors/. 
  12. ↑ Inc, Rescale. "Rescale Joins World Economic Forum Global Innovators Community" (in en). https://www.prnewswire.com/news-releases/rescale-joins-world-economic-forum-global-innovators-community-301706725.html. 
  13. ↑ "AutoForm in the Cloud". https://www.autoform.com/en/products/cloud-offerings/autoform-in-the-cloud/. 
  14. ↑ "Siemens' NX Nastran Now Available on Rescale On-Demand Cloud Environment". http://www.plm.automation.siemens.com/en_us/about_us/newsroom/press/press_release.cfm?Component=224493&ComponentTemplate=822. 
  15. ↑ "Simulia Technology Partners". http://www.3ds.com/products-services/simulia/alliances/technology-partners/rescale-inc/. 
  16. ↑ "MSC Technology Partners". http://www.mscsoftware.com/technology-partners. 

External links



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