OnScale receives seed funding, unveils new solver-as-a-service platform
Emerging from stealth, OnScale announced $3 million in strategic seed funding and unveiled the what it says is the industry’s first solver-as-a-service platform that gives engineers the power to accelerate innovation in the driverless car, 5G, Internet of Things (IoT), and biomedical markets.
OnScale said it has built the solver-as-a-service platform with advanced computer-aided engineering (CAE) multi-physics solvers that are seamlessly integrated with a scalable Cloud high-performance computing (HPC) platform.
“The CAE/HPC space is ripe for disruption because yesterday’s systems are too expensive and cumbersome to solve tomorrow’s engineering problems,” said OnScale Co-founder Ian Campbell. “Our platform eliminates the risk associated with sequential trial-and-error physical prototyping, reduces design cycles from months to weeks or even days, and delivers unequaled computing performance that easily scales to meet ever-changing CAE workloads.”
Tom Scarangello, CEO and Chairman of Thornton Tomasetti, added, “OnScale will help engineers deliver on the promise of future technologies like 5G and IoT that we’re all waiting for. Initiatives like 5G can only succeed through rapid innovation, and innovation happens only when engineers are unconstrained. OnScale has huge market potential because it makes world-class CAE solvers with unlimited Cloud HPC resources available to every engineer.”
OnScale is initially targeting underserved market verticals with heavy demand for advanced CAE and HPC, with an initial focus on the following market segments:
- Driverless car systems— Driverless car sensing technologies like 3D ultrasound for object classification, and driver and passenger monitoring
- 5G—RF filters and RF switches for 5G smartphones and base stations
- Internet of things (IoT) and industrial internet of things (IIoT) - Microphone arrays for Alexa-style IoT devices, motion and gesture sensors, biometric and fingerprint sensors, and industrial sensor systems
- Biomed—Advanced therapies, targeted treatment planning, and consumer ultrasound
OnScale’s platform was designed to give cost-effective computational power, agility, and scalability through a flexible Software-as-a-Service (SaaS) pay-as-you-go subscription model.
OnScale has partnered with Amazon Web Services (AWS). The OnScale solver-as-a-service Platform will be commercially available in Q2 2018.
For more information visit: http://onscale.com/.