### OnScale, an Ansys Company Analysis
OnScale, an Ansys Company, is revolutionizing the field of engineering simulation with its slogan, "OnScale is the world's first Cloud Engineering Simulation platform." The company, founded in 2018, has made significant strides in the SaaS industry, with its headquarters based in the United States.
OnScale's innovative approach integrates powerful multiphysics solver technology with the virtually limitless computing power of cloud supercomputers. This allows engineers to conduct a large number of full 3D multiphysics simulations in parallel, leading to the creation of digital prototypes that accurately mirror the behavior of high-tech devices. By enabling the shift from physical prototyping to digital prototyping, OnScale effectively reduces costs, mitigates risks, and accelerates the time-to-market for R&D firms pioneering new technologies. The company's robust platform truly embodies the Future of Engineering.
The recent Convertible Note investment at 27 July 2021, led by SandHill Angels, underscores the confidence in OnScale's potential and technology. This investment reflects the market's recognition of OnScale's disruptive impact and its potential to reshape the engineering landscape. To experience the power of OnScale's platform firsthand, visit www.OnScale.com.
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