Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

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

This image opens in the lightbox

News provided by

Julia Computing

19 Jul, 2021, 13:00 GMT

Share this article

Share toX

Share this article

Share toX

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

CAMBRIDGE, Mass., July 19, 2021 /PRNewswire/ -- 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.

Continue Reading
This image opens in the lightbox
Bob Muglia, former Snowflake CEO and former Microsoft President of Servers and Tools, will join Julia Computing’s Board of Directors.
This image opens in the lightbox
"Technical computing is stuck in a rut today. Reinforced by our latest funding, we look forward to scaling our team and bringing Julia's superpowers to more industries and applications,” says Viral Shah, co-founder and CEO of Julia Computing.

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.

"The wonders of today's world are created using digital models. The circuits within our smartphones, advanced materials, pharmaceuticals, and aeronautics are all examples of advanced technologies built using digital modeling. Although these advancements have been amazing, the tools and systems that support these efforts are decades-old and cannot take full advantage of the cloud," said Bob Muglia, member of the Julia Computing Board of Directors. "The Julia Computing team has rocked this world by building JuliaHub, a modern platform for technical and scientific modeling. JuliaHub is poised to advance scientific computing and enable solutions that will deliver new generations of products and services that we cannot even imagine today."

Originally developed at MIT, the Julia programming language has been downloaded more than 29 million times by users worldwide, including thousands of open source developers who have contributed to Julia and its 6,000 registered packages. Over 1,500 universities worldwide are using and teaching Julia, including world class institutions such as MIT, Stanford, and UC Berkeley.

The community has seen exponential growth since Julia was introduced to the public in 2012. Julia helps scientists and engineers tackle large-scale data science problems, and solves the "two-language problem" by eliminating the two-step process of testing, modeling, and prototyping in a high-level language (such as Python, Matlab, or R), and then rewriting in a second, faster lower-level language (such as C or C++) for production and scaling. JuliaCon, an annual gathering for the Julia community, takes place July 28-30, and is online and free for everyone this year.

"Technical computing is stuck in a rut today," said Viral Shah, co-founder and CEO of Julia Computing and co-creator of Julia. "Data scientists and engineers are using products that were designed many decades ago. JuliaHub makes it possible to design new drugs and therapies, develop new batteries, simulate a space mission, and map out the universe, all while using fewer computing resources and reducing data center emissions. We truly are defining the future of data science and simulation, and it is thrilling to help drive these exciting innovations. Reinforced by our latest funding, we look forward to scaling our team and bringing Julia's superpowers to more industries and applications."

Daniel Freeman, who led the Dorilton Ventures investment, explains, "We are excited to lead this important round and partner with Julia Computing. Julia Computing is at the very centre of technical computing, a substantial global market with significant barriers to entry. Julia's machine learning and AI technologies make it possible to simulate rather than approximate, changing the economics of computational analysis and scientific discoveries. This is a truly transformative business with high potential for success."

Tim Tully, partner at Menlo Ventures concurs, "Investing in companies building best-in-class cloud technology is our strategic focus, and we feel that the opportunity to support the fantastic team and products from Julia Computing is a natural fit for our portfolio. We see several startups building their businesses using Julia, not just in the scientific computing community, but also more broadly across a wide range of enterprises and industries. We look forward to great things from the Julia Computing team and we are excited to be involved in their future successes."

For more information about Julia Computing, please visit www.juliacomputing.com.

Julia Computing is currently hiring. Please visit https://juliacomputing.com/jobs/ for more information and to apply.

About Julia Computing

Julia Computing was founded in 2015 by all the creators of the Julia programming language. The company provides scalable enterprise computing solutions through its JuliaHub platform. A recent focus area of the company has been the creation of a suite of modern ML-enhanced modeling and simulation tools, such as the Pumas framework for pharmaceutical simulation, JuliaSim for multi-physics simulation, and JuliaSPICE for circuit simulation. Julia solves the two language problem by providing high performance and ease of use in a single language. Julia is used by over 10,000 companies and over 1,500 universities. Julia's creators won the prestigious James H. Wilkinson Prize for Numerical Software and the Sidney Fernbach Award.

About Dorilton Ventures

Dorilton Ventures leads significant minority investments in early- to mid-stage technology companies focused on data-centric segments such as IT infrastructure, data science, and cyber security.

Contact:
press@juliacomputing.com

Logo - https://mma.prnewswire.com/media/1576097/julia_computing_Logo.jpg
Photo - https://mma.prnewswire.com/media/1576098/Julia_Computing_Bob_Muglia.jpg
Photo - https://mma.prnewswire.com/media/1576175/Julia_Computing_Viral_Shah.jpg  

Related Links

http://www.juliacomputing.com

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.