mimik Technology, Inc., an Oakland, California-based pioneer in hybrid edge cloud technology and business solutions, announced a $14.3 million Series A funding.
The round was led by Pier 88 Investment Partners, a San Francisco-based alternative investment management firm. Other participants include Cathie Wood, Founder, CIO, and CEO of ARK Invest and member of the mimik Board of Directors, along with existing investors Primera Capital and NLabs.
mimik plans to use the funds to expand its global go-to-market operations including sales, solutions delivery, developer outreach, technical training, and partnership development.
Company: mimik Technology Inc.
Raised: $14.3M
Round: Series A
Funding Month: November 2021
Lead Investors: Pier 88 Investment Partners
Additional Investors: Cathie Wood, Primera Capital, and NLabs
Company Website: https://mimik.com/
Software Category: hybrid edge cloud computing application development platform
About the Company: mimik provides a hybrid edge cloud computing application development platform and business enablers for digital transformation. Developers and enterprises can achieve their business objectives without compromising time to market, cost, scalability, interoperability, data privacy and security, and being locked in proprietary technology stacks. mimik enables hybrid edge native application development that works across ecosystems of devices (iOS, Android, Windows, macOS, Linux, QNX, Raspbian, OpenWRT, and smart IoT FreeRTOS sensors), networks, and any private and/or public cloud. The mimik platform is the fastest and most direct way of connecting siloed and fragmented applications from the edge with minimal reliance on middlemen. We can help enterprises save millions of dollars in legacy backend integration while reducing their ongoing operational costs through an edge-in approach. mimik enables systematic digital transformation for a sustainable digital economy to help enterprises secure business leadership in the hyper-connected world.
Source: https://mimik.com/mimik-technology-closes-14-3-million-extended-series-a-funding-round-led-by-pier-88/