What Happened
Hardware Engineering Platform Expands Capabilities
Nominal, a hardware engineering platform, has announced a $240 million Series C funding round at a $3 billion valuation. The platform connects hardware test and operations data with the engineering context behind it, helping engineers understand complex systems and investigate problems. With over 80 commercial and government organizations using the platform, including five of the seven largest defense contractors, Nominal is expanding its capabilities and planning to enter new industries and regions. This development was first reported by Unknown Source.