About Simr
Simr is a company based in Los Altos (United States) founded in 2013 by Burak Yenier. Simr has raised $20 million across 1 funding round from investors including Uncorrelated Ventures, BMW i Ventures and Earlybird. Simr offers products and services including Simr Platform and HPC Infrastructure. Simr operates in a competitive market with competitors including Rescale, Theta Token, Penguin Computing, HPC-AI and Northern Data, among others.
- Headquarter Los Altos, United States
- Founders Burak Yenier
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name The Ubercloud, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20 M (USD)
in 1 rounds
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Latest Funding Round
$20 M (USD), Series A
May 21, 2024
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Investors
Uncorrelated Ventures
& 2 more
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Employee Count
Employee Count
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Products & Services of Simr
Simr offers a comprehensive portfolio of products and services, including Simr Platform and HPC Infrastructure.
Automates cloud-based engineering simulations for faster product innovation.
Manages high-performance computing resources for secure simulation tasks.
Funding Insights of Simr
Simr has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Series A round of $20 million completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $20.0M
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First Round
First Round
(21 May 2024)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Series A - Simr | Valuation | Uncorrelated Ventures |
Investors in Simr
Simr has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Uncorrelated Ventures, BMW i Ventures and Earlybird.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital is directed toward infrastructure software companies.
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Founded Year | Domain | Location | |
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BMW i Ventures is focused on investing in automotive technology startups.
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Founded Year | Domain | Location | |
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Earlybird is recognized as a venture capital investor focused on early-stage tech companies.
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Founded Year | Domain | Location |
Investments & Acquisitions by Simr
Financial Statements - Simr
Simr Comparisons
Competitors of Simr
Simr operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rescale, Theta Token, Penguin Computing, HPC-AI and Northern Data, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of cloud based HPC services
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| domain | founded_year | HQ Location |
Decentralized peer-to-peer video delivery is enabled through token rewards.
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| domain | founded_year | HQ Location |
High-performance computing solutions are delivered via Linux software and servers.
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| domain | founded_year | HQ Location |
Cloud-based HPC services are provided for AI and ML acceleration.
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| domain | founded_year | HQ Location |
Platform offering hpc based cloud computing solutions
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| domain | founded_year | HQ Location |
Cloud-based HPC and storage solutions are offered for multiple industries.
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Frequently Asked Questions about Simr
Simr was founded in 2013 and raised its 1st funding round 11 years after it was founded.
Simr is headquartered in Los Altos, United States. It is registered at Los Altos, California, United States.
Burak Yenier is the current CEO of Simr. They have also founded this company.
Simr is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Series A of $20M, raised on May 21, 2024.
Provider of HPC as a service for cloud simulations. It is a cloud-based simulation platform to deploy software directly into customer-owned cloud environments. It streamlines simulation processes for product development and automates repetitive simulation tasks. The platform supports simulation driven decision making process.
Simr's top competitors include Rescale, Theta Token and JuliaHub.
Simr offers Simr Platform and HPC Infrastructure.
Simr has 3 investors. Key investors include Uncorrelated Ventures, BMW i Ventures, and Earlybird.