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Julia Computing got $24 million in a funding round led by the venture capital firm Dorilton Ventures. The company also said that Bob Muglia, the former CEO of software company Snowflake Inc (SNOW.N), would join the board of the computing solutions company.
Julia Computing said in a statement on Monday that the funding round also included Menlo Ventures, General Catalyst, and HighSage Ventures.
The Massachusetts Institute of Technology (MIT) made the Julia programming language and made it available to the public in 2012. The people who made Julia started their own business in 2015.
The language is used in fields like artificial intelligence, data science, machine learning, modeling, and simulation.
More than 10,000 companies around the world, like AstraZeneca PLC (AZN.L), BlackRock (BLK.N), and Microsoft Corp., use the language, according to Julia Computing (MSFT.O). Julia is also used by NASA, the Federal Reserve Bank of New York, and the Federal Aviation Administration (FAA).
The company said it would use the money to develop and improve its cloud platform, JuliaHub, and focus on making new Julia-based products for the pharmaceutical, energy, finance, and other industries.
Viral Shah, co-founder and CEO of Julia Computing and co-creator of Julia, said, “Technical computing is stuck in a rut right now.” “Data scientists and engineers use items that were made a long time ago.”
Shah said in a statement that the JuliaHub platform makes it easier to make batteries, new drugs and treatments, and simulations of space missions. This is done with less use of resources and less pollution from data centers.
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