Rescale is a software technology company that provides "Intelligent Computing for Digital R&D", with a focus on

high-performance computing High-performance computing (HPC) is the use of supercomputers and computer clusters to solve advanced computation problems. Overview HPC integrates systems administration (including network and security knowledge) and parallel programming into ...

, cloud management, and

computer aided engineering Computer-aided engineering (CAE) is the general usage of technology to aid in tasks related to engineering analysis. Any use of technology to solve or assist engineering issues falls under this umbrella. Overview Following alongside the cons ...

Overview

Rescale helps organizations across industries accelerate science and engineering breakthroughs by eliminating computing complexity. Rescale offers

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." 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. Rescale provides IT and HPC practitioners with access to computing architectures targeted to workloads in the

aerospace Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial, and military applications. Aerospace engineering consists of aeronautics and astron ...

, automotive,

pharmaceutical Medication (also called medicament, medicine, pharmaceutical drug, medicinal product, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy ( pharmacotherapy) is an important part of the ...

computational genomics Computational genomics refers to the use of computational and statistical analysis to decipher biology from genome sequences and related data, including both DNA and RNA sequence as well as other "post-genomic" data (i.e., experimental data obtained ...

manufacturing Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer ...

electronic design automation Electronic design automation (EDA), also referred to as electronic computer-aided design (ECAD), is a category of software tools for designing Electronics, electronic systems such as integrated circuits and printed circuit boards. The tools wo ...

, and

semiconductor A semiconductor is a material with electrical conductivity between that of a conductor and an insulator. Its conductivity can be modified by adding impurities (" doping") to its crystal structure. When two regions with different doping level ...

industries.

History

Founded in 2011 in

San Francisco San Francisco, officially the City and County of San Francisco, is a commercial, Financial District, San Francisco, financial, and Culture of San Francisco, cultural center of Northern California. With a population of 827,526 residents as of ...

, California, by

Joris Poort Joris Poort (born July 5, 1983) is an American businessman and entrepreneur. He is the founder and chief executive officer of the enterprise software firm Rescale. Silicon Valley insiders have referred to Poort as "a silent genius". He is know ...

(CEO) and Adam McKenzie (CTO), Rescale launched in

Y Combinator Y Combinator, LLC (YC) is an American technology startup accelerator and venture capital firm launched in March 2005 which has been used to launch more than 5,000 companies. The accelerator program started in Boston and Mountain View, Californi ...

and has been recognized as a top company multiple times, and as recently as 2023. At

Boeing The Boeing Company, or simply Boeing (), is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and missiles worldwide. The company also provides leasing and product support s ...

, Poort and McKenzie, the founders, created software technology that achieved $180 million in savings by optimizing the

787 Dreamliner The Boeing 787 Dreamliner is an American wide-body airliner developed and manufactured by Boeing Commercial Airplanes. After dropping its unconventional Sonic Cruiser project, Boeing announced the conventional 7E7 on January 29, 2003, whi ...

's weight.

Investors

Rescale received investment funding from high-profile investors including

Sam Altman Samuel Harris Altman (born April 22, 1985) is an American technology entrepreneur, investor, and the chief executive officer of OpenAI since 2019 (he was Removal of Sam Altman from OpenAI, briefly dismissed and reinstated in November 2023). He ...

Jeff Bezos Jeffrey Preston Bezos ( ;; and Robinson (2010), p. 7. ; born January 12, 1964) is an American businessman best known as the founder, executive chairman, and former president and CEO of Amazon, the world's largest e-commerce and clou ...

Richard Branson Sir Richard Charles Nicholas Branson (born 18 July 1950) is an English business magnate who co-founded the Virgin Group in 1970, and controlled 5 companies remaining of once more than 400. Branson expressed his desire to become an entrepreneu ...

Chris Dixon Chris Dixon (born ) is an American internet entrepreneur and investor. He is a general partner at the venture capital firm Andreessen Horowitz. He is also the co-founder and former CEO of Hunch. Dixon is known as a cryptocurrency and Web3 eva ...

, Paul Graham, and

Peter Thiel Peter Andreas Thiel (; born 11 October 1967) is an American entrepreneur, venture capitalist, and political activist. A co-founder of PayPal, Palantir Technologies, and Founders Fund, he was the first outside investor in Facebook. According ...

. Notable corporate and venture capital investors include

Nvidia Nvidia Corporation ( ) is an American multinational corporation and technology company headquartered in Santa Clara, California, and incorporated in Delaware. Founded in 1993 by Jensen Huang (president and CEO), Chris Malachowsky, and Curti ...

M12 (venture capital) M12, formerly Microsoft Ventures, is a corporate venture capital subsidiary of Microsoft. Founded in March 2016, its mission is to be an active, strategic partner during a startup's growth, typically investing between Series A and D. The fund is ...

arm of (

Microsoft Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The ear ...

Hitachi () is a Japanese Multinational corporation, multinational Conglomerate (company), conglomerate founded in 1910 and headquartered in Chiyoda, Tokyo. The company is active in various industries, including digital systems, power and renewable ener ...

Samsung Samsung Group (; stylised as SΛMSUNG) is a South Korean Multinational corporation, multinational manufacturing Conglomerate (company), conglomerate headquartered in the Samsung Town office complex in Seoul. The group consists of numerous a ...

, Initialized Capital, and

Andreessen Horowitz AH Capital Management, LLC (commonly known as Andreessen Horowitz, or a16z) is an American privately held venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. As of M ...

. 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.

Partnerships

Rescale has strategic partnerships with major cloud infrastructure providers

Amazon Web Services Amazon Web Services, Inc. (AWS) is a subsidiary of Amazon.com, Amazon that provides Software as a service, on-demand cloud computing computing platform, platforms and Application programming interface, APIs to individuals, companies, and gover ...

Microsoft Azure Microsoft Azure, or just Azure ( /ˈæʒər, ˈeɪʒər/ ''AZH-ər, AY-zhər'', UK also /ˈæzjʊər, ˈeɪzjʊər/ ''AZ-ure, AY-zure''), is the cloud computing platform developed by Microsoft. It has management, access and development of ...

Google Cloud Platform Google Cloud Platform (GCP) is a suite of cloud computing services offered by Google that provides a series of modular cloud services including computing, Computer data storage, data storage, Data analysis, data analytics, and machine learnin ...

, and

Oracle Cloud Platform Oracle Cloud Platform refers to a Platform as a Service (PaaS) offerings by Oracle Corporation as part of Oracle Cloud Infrastructure. These offerings are used to build, deploy, integrate and extend applications in the cloud. The offerings supp ...

and with engineering software companies in the

space including ANSYS,

AutoForm AutoForm Engineering GmbH located in Pfäffikon SZ Switzerland is a Swiss software developer. AutoForm’s software forms a platform for the engineering, evaluation and improvement of the sheet metal forming and BiW assembly processes. In 2009, t ...

Siemens Digital Industries Software Siemens Digital Industries Software (formerly UGS and then Siemens PLM Software) is an American computer software company specializing in 3D & 2D Product Lifecycle Management (PLM) software. The company is a business unit of Siemens, operates un ...

Dassault Systèmes Dassault Systèmes SE () (abbreviated 3DS) is a French Multinational corporation, multinational software corporation which develops software for 3D product design, simulation, manufacturing and other 3D related products. Founded in 1981, it is ...

and

MSC Software MSC Software Corporation is an American simulation software technology company based in Newport Beach, California, that specializes in simulation software. In February 2017, the company was acquired by Swedish technology company Hexagon AB fo ...

References

External links