CloudNC, a technology company that has created AI software for precision machining, has raised $20 million in new investment capital.
The funding is led by Nimble Ventures, a US-based venture investor, with participation from other investors including Calculus Venture Capital, Entrepreneur First and LM Ventures, Lockheed Martin’s venture capital fund.
CloudNC will use the investment to further catalyze the acceleration of advanced manufacturing by enabling more machine shops to adopt its AI solutions, and to expand into new and existing markets. [Read more…] about CloudNC raises $20 million to expand AI tools for precision machining