Rescale

Rescale provides a cloud-based platform for high-performance computing (HPC), enabling engineers and scientists to run complex simulations and analyses. Founded in 2011 by Joris Poort and Adam McKenzie, the company's mission is to accelerate innovation by making supercomputing capabilities accessible to organizations of all sizes. The founders, former Boeing engineers who worked on optimizing the 787 Dreamliner, created Rescale to address the complexities and high costs of traditional on-premises HPC infrastructure.

The company operates on a hybrid-cloud model, offering HPC-as-a-service. Its platform provides a comprehensive environment for managing the entire computational R&D process, integrating a vast library of over 1,000 engineering and scientific software applications with various cloud and on-premises computing architectures. This allows clients to automate and optimize workloads, from large-scale design of experiments to AI-driven modeling, without managing the underlying IT infrastructure. Rescale serves a diverse range of industries, including aerospace, automotive, life sciences, energy, and semiconductor manufacturing. Its clientele includes major corporations like General Motors, Samsung, and the U.S. Department of Defense.

The business model is subscription-based, giving customers access to the platform's full stack of resources, including software, hardware, and automation tools, with controls for security and budget management. Rescale has formed strategic partnerships with major cloud providers such as Amazon Web Services, Microsoft Azure, Google Cloud, and Oracle Cloud, as well as with leading engineering software companies. Since its launch through Y Combinator, Rescale has secured over $272 million in funding from investors including Nvidia, Sam Altman, Jeff Bezos, and Peter Thiel, achieving unicorn status with a valuation over $1 billion.

Keywords: high-performance computing, cloud simulation platform, computational engineering, digital R&D, cloud HPC, workload orchestration, engineering simulation, scientific computing, multi-cloud operations, computer-aided engineering, hybrid cloud, simulation data management, AI-driven simulation, design of experiments, aerospace engineering, automotive simulation, life sciences research, semiconductor design, energy sector analysis, digital twin