Nominal is a Los Angeles, CA-based developer of an engineering data infrastructure platform designed to align with the workflows of hardware engineers. The company’s platform bridges the gap between machines and the human experts who develop, test, and operate them by ingesting, analyzing, and visualizing mission-critical hardware data from diverse sources for engineers to gain the insights needed to make reliable and timely decisions, enabling industrialists to make business decisions in a reliable and timely manner.
Nominal was funded $7.5 million, showcasing strong investor confidence in its innovative approach to data analytics. Lux Capital led the Seed round, with participation from Founders Fund and General Catalyst. Additional investors included Haystack VC, XYZ Ventures, Human Capital, Box Group, Overmatch, and strategic angel investors.
Nominal’s platform is designed to help businesses navigate complex data landscapes, providing actionable insights and strategic intelligence. With this latest funding infusion, Nominal aims to further enhance its technology stack, expand its customer base, and solidify its position as a critical player in the data analytics industry.
Cameron McCord Nominal’s CEO said they are thrilled to have the support of their investors as they continue to drive innovation in mission-critical data analytics. The new funding will fuel their efforts to empower businesses with the tools and insights they need to make informed decisions and achieve their strategic objectives.
Nominal has the potential to revolutionize how businesses leverage data for competitive advantage. As companies increasingly rely on data-driven strategies, Nominal’s solutions are poised to drive growth and performance across various sectors.
By: K. Tagura
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