Rescale Raises $50M Series C to Power Intelligent Computing for Digital R&D
Blog post from Rescale
Rescale has announced a $50 million funding round to advance its mission of accelerating digital transformation in R&D-driven organizations through intelligent computing. Founded a decade ago, Rescale aims to empower innovation by removing computational barriers, using intelligent automation to migrate complex legacy systems to dynamic cloud environments with specialized architectures. Rescale's platform leverages advancements in virtualization, public cloud, and specialized hardware to optimize resources for R&D, promoting connectedness, collaboration, and continuous integration. The company's open ecosystem strategy is supported by partnerships with industry leaders like NVIDIA, Microsoft, and Samsung, and aims to transform digital R&D operations by enabling cloud-based collaboration and automated computational pipelines. Rescale's efforts were highlighted by its role in providing supercomputing resources for COVID-19 research, demonstrating the potential impact of next-generation computing on future innovations in fields such as space exploration, autonomous driving, and sustainable energy.
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