Tech Company Financing Transactions
Simulation Theory Funding Round
Simulation Theory closed a $2 million Seed financing round on 12/18/2024. Backers included private investors.
Transaction Overview
Company Name
Announced On
12/18/2024
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors
private investors (Lead Investor) (Larry Russ)
private investors (Robert Wallace)
private investors (Ryan Peterson)
Proceeds Purpose
The company intends to use the funds to support further development of its software development kit (SDK) designed to maximize applications' ability to optimize existing resources to help companies save in overspending on hardware and cloud usage each year.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
Undisclosed
San Diego, CA Undisclosed
USA
San Diego, CA Undisclosed
USA
Phone
Website
Email Address
Not Recorded
Overview
The Sim Theory team has worked together at a number of companies over the last 3 decades to solve the impossible problems and deliver millions of dollars of revenue in the video game industry. As a direct result of this experience, we are uniquely positioned to bring to market a brand-new solution that enables horizontal scaling for compute-intense workloads like those commonly found in simulation, rendering, and AI. We achieve notable performance gains by using every bit of available computing power, increasing processing efficiency, and reducing the overall energy cost.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Anthony Castoro
Chief Technical Officer
Randy Culley
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