SimScale, the web-based simulation company, has announced the launch of Community Plan, making SimScale’s entire feature set available for free, for everyone.
The launch comes as SimScale also announces the successful close of its Series A funding round, led by Union Square Ventures.
With SimScale Community, users can share their simulations and get free access to hundreds of projects from other Community users.
With the new Community Plan and the release of additional collaboration-focused features, SimScale is set to become the world’s first crowdsourcing platform for browser-based engineering simulation.
Managing partner at Union Square Ventures, Albert Wenger, said, “We are excited about the launch of SimScale Community. It is a great way for people to show off their simulation work and learn from each other. This has been phenomenal in the world of software engineering and it is great to see it come to mechanical engineering.”
Companies use SimScale’s platform to virtually test their technical designs in-browser, improving their product development process.
With SimScale, small and medium-sized teams are now able to get instant access to powerful simulation technology and reliable results without the need to worry about large upfront investment.
SimScale Managing Director, David Heiny, said, “Our mission is to empower designers, engineers and scientists around the world to develop their products better, faster and in a more cost-efficient manner by giving them easy access to powerful simulation technology.
“Our Community Plan is a major step forward in this mission, promoting a global community of designers and engineers united in the pursuit of greater expertise in the field.”
SimScale has also announced the close of its Series A funding round, led by Union Square Ventures with support from Earlybird Venture Capital and angel investor Axel Bichara.
The funding will be used to accelerate its vision of bringing high-performance 3D simulation technology to designers and engineers everywhere.
SimScale is a provider of powerful web-based 3D simulation technology which is changing the way engineers, designers and students design products.
With a founding team of mechanical engineers, computer scientists and mathematicians, SimScale’s goal is to enable everyone to design better products faster and cheaper by putting engineering simulation tools into the hands of a broader range of users.
Founded in 2012 and based in Munich, Germany, SimScale is led by five founders: David Heiny, Vincenz Dölle, Alexander Fischer, Johannes Probst, and Anatol Dammer. SimScale has 55,000 users worldwide.
About Union Square Ventures
Union Square Ventures is a venture capital firm based in New York City. USV is a small collegial partnership that manages $1B across six funds. USV invests in companies that have the potential to fundamentally transform important markets.
Established in 1997, Earlybird has raised over $900 million in fund commitments. They have backed more than 100 companies, some of which have sparked significant innovations in business and technology and resulted in large scale ($1bn+) IPOs and trade sales.
Earlybird backs European companies with global ambitions and their active portfolio currently includes 34 companies across the consumer Internet and enterprise services space.