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Revel has announced a $150 million Series B funding round, led by Index Ventures with participation from Redpoint Ventures, Thrive Capital, Felicis, and others. The funding will support Revel’s expansion in sectors including aerospace, defense, and robotics, focusing on modernizing software for testing and controlling complex hardware systems. Revel, founded by former SpaceX engineer Scott Morton, aims to improve the efficiency and reliability of hardware testing processes.