Revel Secures $30M in Funding for Hardware Control Platform
Revel, a company based in Los Angeles, CA, has successfully raised $30 million in funding through two separate rounds of investment.
The Series A round was spearheaded by Thrive Capital, while the seed round saw leadership from Felicis Ventures and Abstract Ventures, along with contributions from notable individuals such as Dylan Field, Earthrise Ventures, and Commodity Capital.
The primary goal for the funding is to bolster Revel’s development efforts and expand its market reach.
Helmed by Scott Morton and former SpaceX employees, Revel is focused on creating a hardware control platform that integrates a command/control interface, a specialized programming language designed for hardware control, and a high-performance runtime environment. This comprehensive approach enables engineers to efficiently develop control software, mitigate potential software errors, and accelerate hardware deployment.
With applications across various industries including aerospace, energy production, manufacturing, and automotive, Revel’s platform addresses the inherent challenges of managing physical systems effectively.
Despite being in operation for just six months, Revel has already secured its first client, Impulse Space, which has implemented the software at their engine test facility for operational purposes.
Stay tuned for more updates on Revel’s innovative hardware control platform.
