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The following content is a news release distributed by . The original news release may be found here.

CoLab Software raises $21M to help hardware engineering teams accelerate product development

ST. JOHN’S, Newfoundland--(BUSINESS WIRE)--CoLab Software, a technology company building collaboration solutions for mechanical engineering and hardware development teams, today announced its fully subscribed Series B round with $21M USD in funding. Global software investor Insight Partners led the round, with participation from existing major investors, including Y Combinator, Killick Capital, and Pelorus VC. In the last two years, CoLab has grown revenue nearly 10x, while partnering with engi...

Read the full news release here

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