• Dezineforce raises another $1m for cloud-based engineering software

    Mike Butcher

    Mike Butcher is the European Editor for TechCrunch. A former grunge rock drummer, he became a long time journalist, and has since written for UK national newspapers and magazines including The Financial Times, The Guardian, The Times, The Daily Telegraph and The New Statesman. Mike is also a co-founder and shareholder of TechHub, a co-working space/service/community with several locations... → Learn More

    Friday, October 8th, 2010

    Dezineforce, a developer of software for big engineering projects like new aircraft, has raised approximately £1m of additional equity from existing and new shareholders. Lead investor was the South East Seed Fund, managed by Finance South East (FSE) and supported by existing investors DN Capital and IQ Capital.

    Dezineforce develops and sells software specifically designed and optimised for design engineers performing computer analysis and simulation. It’s based on the Microsoft Windows HPC platform. It’s sold either as an on-site high performance computing appliance, or as a cloud based on-demand service. Basically it lets engineers get on with designing a car or aircraft, while taking care of the heavy lifting on data handling and simulation. It’s also a Microsoft ‘BizSpark One’ partner.

    Dezineforce, was spun out of Southampton University in 2007 by Professors, Simon Cox, Andy Keane and Nigel Shadbolt.

    • http://www.xe.com/ucc/ Jessica Fit

      £1million or $1million. You guys are aware that there is a difference? This is a handy tool http://www.xe.com/ucc/

      Top reporting.

    • http://www.xe.com/ucc/ Jessica Fit

      Congrats to Nenad. Another top deal.

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