Edge Delta, a Seattle, WA-based leading observability platform that analyzes and extracts data insights using distributed stream processing and federated machine learning, announced that it raised $63 million in Series B funding.
The round was led by Quiet Capital, with additional new investors BAM Elevate, Earlybird Digital East, Geodesic Capital, Kin Ventures, ServiceNow, Cisco, and all insiders Menlo Ventures, MaC Venture Capital, and Amity Ventures also participating.
Edge Delta will use the funding to accelerate corporate growth, including recruitment, marketing, and product innovation.
Company: Edge Delta, Inc.
Raised: $63.0M
Round: Series B
Funding Month: May 2022
Lead Investors: Quiet Capital
Additional Investors: BAM Elevate, Earlybird Digital East, Geodesic Capital, Kin Ventures, ServiceNow, Cisco and all insiders Menlo Ventures, MaC Venture Capital, and Amity Ventures
Company Website: https://www.edgedelta.com/
Software Category: Observability Platform
About the Company: Edge Delta is a leading observability platform that analyzes and extracts data insights using distributed stream processing and federated machine learning. Edge Delta is fundamentally changing the way data is used to derive insights. Edge Delta makes all data sources observable while dramatically lowering ingest and index volumes.
Source: https://www.edgedelta.com/company/blog/series-b-announcement