Thursday, November 21, 2024
HomeFunding CA-based Nominal Secures $27 Million in Seed and Series A Round...

[Funding alert] CA-based Nominal Secures $27 Million in Seed and Series A Round Funding

Nominal is a firm that specialises in providing industrial engineering teams with end-to-end data analysis solutions raised $7.5M in Seed and $20M in Series A funding rounds funding.

General Catalyst led the Series A, while Lux Capital led the Seed round with support from Founders Fund. Haystack VC, XYZ Ventures, Human Capital, Box Group, and Overmatch were among the other investors.

Read also – CA-based Anvilogic Secures $45Million in Series C Round Funding

The money will be used by the company to grow both its operations and its clientele. Under the direction of CEO Cameron McCord, Nominal offers an extensive platform for data analysis as well as cutting-edge processes designed to meet the demands of engineering teams who create, verify, and track hardware. This enables quick and precise evaluation of test results and the verification of vital systems.

Presently, the organisation provides mission-critical data analysis and testing support to businesses in the aerospace, defence, energy, and industrial domains, such as the U.S. Air Force, Varda Space, Muon Space, REGENT, and Radiant Nuclear.

Cameron McCord said: “We’re choosing now to come out of stealth because we feel ready to accelerate our mission to help engineers that develop, test, and validate mission-critical industrial systems. We are on an industrial software collision course. Time is ticking – for our commercial customers, this means getting a product safely to market faster, and for our government customers, it means fielding reliable and tested systems for any mission.”

About Nominal

The more dependable and expedient method for validating mission-critical systems is nominal. They design methods that enable the contemporary hardware team to verify that every system is nominal in a timely and consistent manner. Make use of their platform to establish a connection between your machines and the people who design, test, and manage them.

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