Cimdata Logo

Industry Summary Articles

Friday, February 24, 2017

Autodesk Expands Focus on IoT with Forge Fund Investment in Jumper.io

Autodesk is announcing its next Forge Fund investment in Israel-based start-up, Jumper Labs (online at Jumper.io). Jumper provides a platform that streamlines the process of developing and testing embedded software for Internet of Things (IoT) products.

The investment is part of Autodesk’s continuing efforts to help manufacturers create smart products. It also demonstrates the company’s ongoing commitment to IoT as a critical technology for the future of making things.

Jumper is helping democratize IoT product development for companies of all sizes. Currently, only the largest companies with big budgets have the ability to simulate and test IoT products in virtual environments. Jumper makes it easy to simulate how embedded software will perform prior to building physical prototypes. Jumper’s software can help manufacturers develop IoT products more efficiently and go-to-market more quickly as a result of reduced R&D time, more rapid product prototype iterations and the ability to test ongoing product updates, including security patches. 

Jumper plans to utilize the Autodesk Forge Platform, including its cloud services, APIs and SDKs, so developers can quickly create the data, apps, experiences, and services that power the future of making things.

“I am thrilled to be part of Autodesk’s growing ecosystem and excited for our company’s continued collaboration,” said Jonathan Seroussi, co-founder and CEO of Jumper. “This investment will allow us to focus on our mission of enabling companies to create, test and bring to market smart, connected products and systems.”

In December 2015, Autodesk launched the Forge Fund, an investment fund of up to $100 million, aimed at backing companies that develop innovative solutions or services on its Forge platform. Forge was launched to accelerate a cloud-connected ecosystem to power the future of making things.

The investment also reunites entrepreneur Jonathan Seroussi with Autodesk after his first company was acquired by Autodesk in 2009 to help the company advance development of its new generation of cloud software and services. Following the acquisition, Jonathan held a leadership role building Autodesk’s Tel Aviv presence until his recent departure to focus on entrepreneurial initiatives and to co-found Jumper with CTO Dan Shemesh, a former Intel engineer, and serial entrepreneur Yaniv Nissenboim as VP of Product.

“Israel is a hotbed for innovation, and its startup community is leading breakthroughs in how IoT products are designed, tested and brought to market,” said Scott Reese, vice president for cloud products at Autodesk. “Autodesk is committed to supporting early-stage companies that are pushing the envelope for digital manufacturing and IoT, as shown by our prior investment in IoT platform provider Seebo, and now Jumper for a complete and easy to use IoT design process.”

To view the original press release, please click here.

Search for Autodesk on CIMdata.com

r
ipad background image

Featured Cimdata Reports

ipadcontent
PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

This report presents CIMdata’s overview of the worldwide CAM software and services market. It also includes a discussion on the trends in the CAM industry and updates on the top CAM solution providers.