The investors in the new funding round include Doron Reuveni, Matt Mickiewicz, and Ahti Heinla, the former chief technical architect at Skype.
The company was founded in Tallinn, but has moved part of its office to Cambridge, Massachusetts. Four employees are based in the U.S. while 12 stay in Estonia. Along with the funding, next Wednesday the president of Estonia, Toomas Henrik-Ilves will be at GrabCad’s housewarming party in Cambridge. President Henrik-Ilves is no stranger to the Northeast– as the son of Estonain refugees he grew up in New Jersey and attended Colombia University.
GrabCad has followed a nice path to where they are today. The company was accepted into (and won) the Techstars Boston program as well as the Seedcamp London event earlier that year.