Luminary Cloud raised $115M in a funding series TBD led by Sutter Hill Ventures to provide a computer-aided engineering SaaS platform for various industries.
Luminary Cloud raised $115M in a funding series TBD led by Sutter Hill Ventures to provide a computer-aided engineering SaaS platform for various industries.
03/18/24, 12:37 AM
Location
Money raised
$115 million
Industry
saas
software
Round Type
series a
Investors
Sutter Hill Ventures
Luminary Cloud, a San Mateo-based computer-aided engineering SaaS platform, announced a $115 million funding round led by Sutter Hill Ventures. The company aims to solve challenges in industries such as aerospace and defense, automotive, and industrial equipment.
Company Info
Location
san mateo, california, united states
Additional Info
Luminary Cloud is the world’s first modern computer-aided engineering SaaS platform that provides engineers insights in minutes,allowing for quick simulation, analysis, and iteration that were once impossible. We call this realtime engineering.
The company was founded in 2019 by Jason Lango, an expert in high-performance computing, cloud-based infrastructure, and cloud security, and Juan Alonso, the founder of Stanford’s Aerospace Design Laboratory and former director of NASA Aeronautics research programs.
Customers span industries from cutting-edge electric vertical take-off and landing (eVTOL) aircraft to leading sporting equipment providers, including Joby Aviation, Piper Aircraft, Trek Bikes and Cobra Golf (a subsidiary of Puma).