Nominal Raises $240M Series C at $3B Valuation to Build Hardware Intelligence Platform
Nominal raised a $240M Series C at a $3B valuation, led by Lightspeed Venture Partners and co-led by Insight Partners. The funding will help turn its hardware-engineering infrastructure into an intelligence platform for engineering teams.
- Raised
- $240M
- Round
- Series C
- Investors
- 2
- Investors
- Lightspeed Venture PartnersInsight Partners
- Target market
- Hardware engineering teams
- Use of funds
- Building an intelligence platform for hardware engineering
Get started
Create a free account to read the full story.
Quick Answers
What is the latest news about Nominal?
Nominal raised a $240M Series C at a $3B valuation, led by Lightspeed Venture Partners and co-led by Insight Partners. The funding will help turn its hardware-engineering infrastructure into an intelligence platform for engineering teams.
What does Nominal do?
Nominal develops software for hardware engineering teams working with complex, high-volume data and diverse physical systems. It began by addressing how teams work with test data and make decisions from it, and has spent four years building infrastructure and workflows for hardware development.
How much did Nominal raise?
Nominal raised $240M in its Series C.
Who invested in Nominal?
Investors named in this Series C include Lightspeed Venture Partners and Insight Partners.
How will Nominal use the funding?
Nominal plans to use the money for building an intelligence platform for hardware engineering.
Who are the key people at Nominal?
Key people named in this report: Cameron McCord (Co-founder · CEO), Bryce Strauss (Co-founder) and Jason Hoch (Co-founder).