Wednesday, May 29, 2024
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Julia Computing Raised $24 Million In Series A Funding

Julia Computing recently announced that it had raised $24 Million in its series A funding round led by Dorilton Ventures. Menlo Ventures, Highsage Ventures, and General Catalyst also participated in the funding round. 

The Boston-based startup plans to use this fresh funding to expand and further improve its cloud computing platform named JuliaHub. The enterprise was founded in 2015 by the developers of Julia high-performance programming language.

Many enterprises use the language to overcome data processing challenges across the world. The startup’s CEO and co-founder, Viral Shah, said, “Technical computing is stuck in a rut today. Data scientists and engineers are using products that were designed many decades ago.”

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Apart from JuliaHub, the company is also developing many other solutions like JuliaSim and JuliaSpice to provide multi-physics and circuit simulation services. Julia had also collaborated with sports equipment manufacturing giant Puma to build an artificial intelligence-powered platform called Pumas for pharmaceutical simulations. 

In a statement, company officials mentioned that the former chief of software provider at Snowflake and Microsoft’s former president of tools and servers, Bob Muglia, will be joining Julia Computing as a member of its board of directors. 

The company has a massive client base of more than 1000 companies, including industry leaders like NASA, AstraZeneca, Pfizer, Moderna, Intel, Google, and Microsoft. 

Bob Muglia said, “The Julia Computing team has rocked this world by building JuliaHub, a modern platform for technical and scientific modeling. JuliaHub is poised to advance scientific computing and enable solutions that will deliver new generations of products and services that we cannot even imagine today.” 

Julia Computing is now hiring engineers to work on its solutions. Interested candidates can visit Julia’s official website to submit job applications. 

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Dipayan Mitra
Dipayan Mitra
Dipayan is a news savvy writer, who does not leave a single page of news paper unturned. He is also a professional vocalist who enjoys ghazals. Building a dog shelter is his forever dream.


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