USA – Zededa, a San Jose, Calif.-based leader in edge orchestration, closed $26m Series B funding.
Backers included 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.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. 21/07/2022
