$20M in Series A financing was secured by simr, formerly known as UberCloud, a Los Altos, CA-based startup that advances SimOps for manufacturers.
Investors
- Uncorrelated Ventures
- BMW i Ventures
- Earlybird Venture Capital
The Simr board of directors now includes Roland Manger, co-founder and partner at Earlybird Venture Capital, and Ali Kutay, CEO and chairman of Striim, in addition to Salil Deshpande, general partner at Uncorrelated Ventures, and Baris Guzel, partner at BMW i Ventures.
Use of funds
The money will be used by the business to increase operations and development initiatives.
About Simr
Under the direction of CEO Burak Yenier and President Wolfgang Gentzsch, Simr works to support manufacturers by developing SimOps, the automation of simulation procedures to enhance decision-making, creativity, productivity, and quality in engineering and product design. With a platform that works with any computing infrastructure, it facilitates quick product development and delivery. Engineers can safely create and test product ideas using current tools and workflows, maintaining total control over their simulation processes and data.
Leading simulation platform suppliers including Ansys, Siemens, and Dassault Systèmes are closely connected with the organization.