Autodesk recently announced its latest investment through the Forge Fund, this time in Jumper Labs, an Israeli start-up based in Tel Aviv and accessible online at jumper.io. Jumper Labs offers a platform that simplifies the development and testing of embedded software for IoT devices. This investment underscores Autodesk's ongoing dedication to assisting manufacturers in creating smarter products, while also reinforcing their belief in IoT as a key technology for the future of manufacturing.
The investment not only aligns with Autodesk's broader strategy but also brings the company back into contact with Israeli entrepreneur Jonathan Seroussi, who previously worked with Autodesk when his first venture was acquired in 2009. Since then, Seroussi has been instrumental in establishing Autodesk's presence in Tel Aviv before leaving to co-found Jumper Labs alongside CTO Dan Shemesh and VP of Product Yaniv Nissenboim.
Jumper Labs is making waves in the industry by democratizing IoT product development. Traditionally, only large enterprises with substantial financial resources could afford to simulate and test IoT products in virtual settings. Jumper’s solution allows businesses of any size to simulate embedded software performance before moving onto physical prototyping. This capability significantly reduces research and development time, accelerates prototype iteration cycles, and facilitates continuous updates, including essential security patches.
A glance at Jumper’s offerings reveals tools like Device Config, which enables users to configure individual virtual devices, and System Status dashboards that provide real-time insights into multiple running simulations. These features empower developers to visualize and manage complex IoT ecosystems effectively.
Looking ahead, Jumper intends to leverage the Autodesk Forge Platform, utilizing its robust cloud infrastructure, APIs, and SDKs to support developers in crafting cutting-edge applications and services. According to Jonathan Seroussi, "We’re thrilled to join Autodesk’s expanding network and eager to deepen our partnership. This funding will enable us to concentrate fully on our vision of equipping businesses to innovate, validate, and deliver intelligent, interconnected products."
Autodesk established the Forge Fund in December 2015, committing up to $100 million to support ventures developing transformative solutions on the Forge platform. This initiative seeks to foster a connected ecosystem capable of driving advancements in modern manufacturing processes.
Moreover, this move aligns with Autodesk’s history of investing in groundbreaking startups within the IoT space. For instance, they previously backed Seebo, another prominent IoT platform provider. With Jumper, Autodesk aims to offer a comprehensive yet user-friendly approach to IoT design, further solidifying their position as leaders in digital transformation.
Israel remains a global hub for technological innovation, particularly within the startup scene, where firms like Jumper Labs are pioneering new methods for designing, validating, and commercializing IoT solutions. As Scott Reese, Autodesk’s Vice President of Cloud Products, noted, "Israel continues to lead the charge in transforming how IoT products are conceptualized, evaluated, and delivered to market. We remain steadfast in our support for pioneering young companies advancing the frontiers of digital fabrication and IoT connectivity."
In conclusion, this strategic alliance between Autodesk and Jumper Labs represents more than just financial backing—it signifies a shared commitment to shaping the future of IoT and redefining what’s possible in the realm of smart product creation.
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