Nominal Secures $240 Million In Series C Funding To Enhance Hardware Development Platform

Nominal, a hardware intelligence platform designed to help engineers analyze test data and make better decisions during hardware development, raised $240 million in a Series C round at a $3 billion valuation. The round was led by Lightspeed and co-led by Insight Partners, with participation from Lux Capital, Sequoia, General Catalyst, Founders Fund, Avenir, Lockheed Martin Ventures, Salesforce Ventures, M13, DE Shaw Ventures, Deployment Capital, Avra, Red Glass Ventures, Carpenter Capital, Audacious, PSP, Overmatch Ventures, XYZ, Haystack and Brave Capital.

FOUNDERS: Cameron McCord, Bryce Strauss & Jason Hoch

INVESTORS: Lightspeed, Insight Partners, Lux Capital, Sequoia, General Catalyst, Founders Fund, Avenir, Lockheed Martin Ventures, Salesforce Ventures, M13, DE Shaw Ventures, Deployment Capital, Avra, Red Glass Ventures, Carpenter Capital, Audacious, PSP, Overmatch Ventures, XYZ, Haystack, Brave Capital

ROUND: Series C AMOUNT: $240,000,000 VALUATION: $3,000,000,000

HQ: Los Angeles, California

#VentureCapital #Nominal #CameronMcCord #Lightspeed #TradedVC