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Rescale raises $50M more to meet demand for high-performance compute

Workloads across scientific R&D often benefit from hybrid cloud and on-premises computing technologies. But less than 20% of high-performance compute (HPC) workloads currently run in the cloud. Beyond this, Rescale helps to manage on-premises HPC resources, schedulers, and software licenses as well as the transfer, organization, and storage of simulation input and output files. Rescale provides the platform that researchers launch experiments and record results on, while Google and Microsoft supply the backend computing resources. “Rescale believes it is doubling the size of the HPC market with its platform,” Hsu added.

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