https://techcrunch.com/2021/10/19/web-based-collaboration-platform-colab-raises-17-million-in-series-a-funding-led-by-insight-partners/

Newfoundland-based CoLab Software, which provides a web-based collaboration tool and issue-tracking platform for engineering teams, announced today that it has raised $17 million in Series A funding. New York-based investment firm Insight Partners led the funding round with participation from new and existing venture capitalists and angel investors from companies such as Xometry, Onshape, GrabCAD, Bosch, Tesla and Atlassian.

CoLab, which was founded in 2017, allows manufacturing teams to easily share and review design files while getting feedback in real-time. The platform currently has several Fortune 500 customers, including Hyundai Mobis, Schneider Electric and Johnson Controls.