Julia Computing Raises $24M in Series A, Former Snowflake CEO Bob Muglia Joins Board

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2021-07-19 15:30:04

Latest funding will help scale Julia Computing’s production of Julia solutions and new product development for pharmaceuticals, energy, finance, and other sectors.

July 19, 2021 – Cambridge, MA – Julia Computing, founded by the creators of the Julia high- performance programming language, today announced the completion of a $24M Series A fundraising round led by Dorilton Ventures, with participation from Menlo Ventures, General Catalyst, and HighSage Ventures. Also announced today, Bob Muglia, former Snowflake CEO and former Microsoft President of Servers and Tools, will join the Julia Computing Board of Directors.

Julia Computing will use the funding to further develop and advance its secure, high- performance JuliaHub cloud platform and to grow the Julia ecosystem. JuliaHub makes it easy to develop, deploy and scale Julia programs and models that data scientists and engineers are adopting at an increasingly rapid pace. In addition to being a cloud computing product in its own right, JuliaHub is a platform for other revolutionary applications, such as JuliaSim for multi-physics simulation, JuliaSPICE for circuit simulation, and Pumas for pharmaceutical simulation product from Julia Computing’s partner company, Pumas-AI.

Julia Computing was founded by the creators of Julia - the fastest and easiest high- performance computing language for artificial intelligence, machine learning, analytics, data science, modeling, and simulation. Julia is used by more than 10,000 companies worldwide, including AstraZeneca, BlackRock, Google, Intel, Microsoft, Moderna, Pfizer, as well as NASA, the Federal Aviation Administration and the Federal Reserve Bank of New York.

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