Author: troyboyce450

Duro Raises $4 Million to Nurture New Generation of Hardware Engineers

Duro, the pioneer in enterprise SaaS for managing hardware product data, today announced it has raised an oversubscribed $4 million in seed financing. The round was led by Bonfire Ventures with participation from Riot Ventures. Pre-seed investors include Atypical Ventures as well as several individual strategic investors. The new funding will be used to expand sales and marketing teams and to further develop Duro’s product lifecycle management (PLM) solutions. The State of Hardware Engineering As manufactured products become exponentially more complex and design and iteration cycles are shortened, hardware and embedded systems teams need a resource to manage product lifecycles ... Read more