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Nominal raises $240 million at a $3 billion valuation, Techmeme says
Techmeme, citing Bloomberg's Paayal Zaveri, said Nominal, which sells software meant to make hardware manufacturing more efficient, raised $240 million at a $3 billion valuation.
Nominal raised $240 million in a new funding round that values the company at $3 billion, according to a Techmeme summary of a Bloomberg report by Paayal Zaveri1.
Techmeme described Nominal as a company that builds software to make hardware manufacturing more efficient1.
The same summary said the $3 billion valuation is up from $1 billion after Nominal raised $80 million in March1.
The Techmeme item did not name lead investors, the round's series, or how Nominal plans to use the capital, and the underlying Bloomberg article was not independently readable for this filing1.
What is next, including any product or hiring plans tied to the round, was not stated in the Techmeme summary reviewed1.
