CoLab Software raises $21M to help hardware engineering teams accelerate product development
CoLab Software , a technology company building collaboration solutions for mechanical engineering and hardware development teams, today announced its fully subscribed Series B round with $21M USD in funding.
- CoLab Software , a technology company building collaboration solutions for mechanical engineering and hardware development teams, today announced its fully subscribed Series B round with $21M USD in funding.
- (Graphic: Business Wire)
In the last two years, CoLab has grown revenue nearly 10x, while partnering with engineering teams at leading manufacturing organizations, including Ford, Schaeffler, and Komatsu. - By using CoLab’s Design Engagement System to review engineering files, capture and track feedback, these teams have accelerated design cycles while increasing design quality and product quality.
- CoLab participated in YC’s summer 2019 batch, and YC will invest additional funds in CoLab as part of their Series B.