Zededa, a San Jose, Calif.-based leader in edge orchestration, closed $26 million Series B funding.
The round was led by Backers including Coast Range Capital, Lux Capital, Energize Ventures, Almaz Capital, Porsche Ventures, Chevron Technology Ventures, Juniper Networks, Rockwell Automation, Samsung Next, and EDF North America Ventures.
The company, which has now raised more than $55m since its inception, intends to use the funds to accelerate research and development and expand sales and marketing.
Company: ZEDEDA, Inc.
Raised: $26.0 M
Round: Series B
Funding Month: July 2022
Lead Investors: Backers
Additional Investors: Coast Range Capital, Lux Capital, Energize Ventures, Almaz Capital, Porsche Ventures, Chevron Technology Ventures, Juniper Networks, Rockwell Automation, Samsung Next, and EDF North America Ventures.
Company Website: https://zededa.com/
Software Category: cloud-native edge management
About the Company: Led by Said Ouissal, founder and CEO, Zededa makes edge computing effortless, open, and intrinsically secure – extending the cloud experience to the edge. It reduces the cost of managing and orchestrating distributed edge infrastructure and applications, while increasing visibility, security, and control. The company delivers a distributed, cloud-native edge management and orchestration solution, simplifying the security and remote management of edge infrastructure and applications at scale. The customer base includes OEM activities with Global 500 companies, including a leading global virtualization software provider and a leading industrial automation company. Zededa uses an open partner ecosystem with an app marketplace and leverages an open architecture built on EVE-OS, from the Linux Foundation. EVE-OS is a lightweight, open-source Linux-based engine. The budding ecosystem around the open orchestration solution has attracted strategic partnerships and integrations with Google, Microsoft, PTC, and SUSE.
Source: https://www.finsmes.com/2022/07/zededa-closes-26m-series-b-funding-round.html