Transcend Raises $20M Series B to Automate Critical Infrastructure Design
Transcend Software Inc. ("Transcend"), the leading SaaS provider of generative design tools for critical infrastructure, announced today it has closed on its Series B financing round with participation from Autodesk, Inc. , a leading software provider for the architecture, engineering, construction, manufacturing, product design, and media and entertainment industries.
- Transcend Software Inc. ("Transcend"), the leading SaaS provider of generative design tools for critical infrastructure, announced today it has closed on its Series B financing round with participation from Autodesk, Inc. , a leading software provider for the architecture, engineering, construction, manufacturing, product design, and media and entertainment industries.
- Transcend's market-leading generative design software, the Transcend Design Generator (TDG), fully automates the conceptual and preliminary design of critical infrastructure assets, enabling asset owners to reduce design costs and timelines and prioritizes the incorporation of innovative and sustainable technologies.
- So we appreciate how Transcend is applying generative and outcome-based design to accelerate development of sustainable critical infrastructure,” said Theo Agelopoulos, Vice President of AEC Design Strategy at Autodesk.
- "We look forward to this next phase of growth as we continue our mission to help engineers, utilities, and technology suppliers design innovative and sustainable critical infrastructure," said Ari Raivetz, Founder and CEO of Transcend.