Tech

Julia Computing, the parent of the Julia programming language, raises $ 24 million in Series A funding

Julia Computing, creator of the high-performance programming language Julia, announced today that it has raised a total of $ 24 million in a Series A financial round led by Dorilton Ventures. In addition, the fundraiser was attended by General Catalyst, Menlo Ventures, and High Sage Ventures.

The company also announced that Bob Muglia, former CEO of Snowflake and former president of Microsoft’s Servers and Tools, will join Julia Computing’s board of directors.

The funding is primarily directed towards the development and expansion of a secure end-to-end Julia Hub cloud platform, while at the same time growing its overall ecosystem. JuliaHub is involved in providing easy development, deployment, and scale-up of programs and models based on the Julia system, which are increasingly used by data scientists and engineers. JuliaHub already provides some of the most needed features of the cloud platform, but it also serves as a prototype and foundation for the development of more advanced applications, from JuliaSim for multiphysics simulation to JuliaSPICE for circuit simulation. ..

You can already trust Julia Computing. The company was founded by Julia’s pioneers, who take pride in being the fastest and easiest programming language for a variety of features, including machine learning and data science. , For artificial intelligence and analysis. Julia makes modeling and simulation even easier, and the language is already in use by many large companies such as Moderna, AstraZeneca, Google, Pfizer, Microsoft, Intel, NaSA, and even Federal Airlines. ..

If you don’t know about Julia, I’ll help. High-level programming languages ​​allow developers to “speak” with computers, making coding easier. Julia is one such language that aims to solve one of the biggest problems currently affecting the technology industry. Programs are usually initially coded in a language like Python, which makes it easier to develop new products. However, in the future, the same program will be rewritten in C or C ++ for performance and scalability. Julia aims to solve this problem by offering a product that has the best of both worlds.

Bob Muglia, now a member of Julia’s board of directors, highlights the company’s importance and relative market reputation, saying: “The wonders of today’s world are created using digital models. Smartphones, advanced materials, pharmaceuticals, and aviation circuits are all examples of advanced technologies built using digital modeling. The progress has been amazing, but the tools and systems that support these efforts are decades old and cannot take full advantage of the cloud. “

Founded in 2015, Julia Computing is a well-known name for enterprise computing solutions, primarily through the Julia Hub interface. The company has also recently focused on creating a suite of modern simulation and modeling tools powered by ML. The Julia programming language itself was launched in 2012 and aims to solve complex scientific problems.

Viral Shah, co-founder and CEO of Julia Computing, commented on funding: Data scientists and engineers use products designed decades ago. JuliaHub It enables new drug and treatment design, new battery development, space mission simulation, and space planning while using less computing resources and reducing data center emissions. We truly define the future of data science and simulation, and it’s thrilling to help drive these exciting innovations. We look forward to being strengthened by the latest funding, expanding our team and bringing Julia’s psychic powers to more industries and applications. “

Meanwhile, Daniel Freeman, who led the investment in The Ventures, said of the fund’s view: “We are pleased to lead this important round and partner with Julia Computing. Julia Computing is a real global market that is central to technology computing and has barriers to entry. Julia’s Machine Learning and AI Technology enables simulation rather than approximation, changing the economics of computational analysis and scientific discovery. It’s a truly transformative business with a high probability of success. “

Julia Computing, the parent of the Julia programming language, raises $ 24 million in Series A funding

Source link Julia Computing, the parent of the Julia programming language, raises $ 24 million in Series A funding

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