SimuQuest is starting to attract the attention of some bigger corporations, allowing the Ann Arbor-based company to expand.
SimuQuest develops mathematical models for software creation. These software tools enable a shift from manual coding to the automatic generation of software from mathematical algorithms. The company's special sauce lies in providing the final step to enable generation of fully integrated software, making the solution a viable reality for its clients.
These solutions have attracted a major automotive supplier and semi-conduction manufacturer both of which are cutting six-figure checks to help continue the development of SimuQuest's technology.
"That's to the tune of $250,000 per year from both of these companies," says
John Mills, president & CEO of
SimuQuest. "That's pretty exciting for us."
The money has allowed SimuQuest to add one more person to its team of half a dozen people working out of the company's new office in Kerrytown. SimuQuest is now beta testing its technology for its new customers. The software helps manage all of its customers data, creating the architecture of the system and allowing easy viewing of the system.
Source: John Mills, president & CEO of SimuQuest
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
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