Edge management and orchestration provider Zededa has raised $26 million in Series B funding, which brings the total investment in the company to $57 million.
Both new and existing investors participated in the funding round, including Almaz Capital, Coast Range Capital, Chevron Technology Ventures, EDF North America Ventures, Energize Ventures, Juniper Networks, Porsche Ventures, Rockwell Automation, and Samsung Next.
Founded in 2016, the California-based company offers a cloud-native edge management and orchestration solution to process data at the edge of the network.
Zededa aims to bank on the recent explosion of data at the edge of the network, which is driven by the connection of more applications, devices, machines, and sensors.
Utilizing an open architecture built on the Linux-based EVE-OS, the company claims it can simplify the remote management and security of edge applications and infrastructure, at scale, providing organizations with increased visibility and control.
Zededa plans to use the new investment to accelerate research and development, attract new customers, and expand its marketing and sales teams.
“Hardware diversity on the edge is a challenge for many global companies. Zededa’s technology has the potential to unify an entire ecosystem of hardware and apps. The technology is designed to enable remote device management and application orchestration that could improve data visibility, control and security,” Chevron Technology Ventures president Jim Gable said.
Related: Machine Identity Management Firm AppViewX Raises $20 Million
Related: Blockchain Security Startup BlockSec Raises $8 Million
Related: How a VC Chooses Which Cybersecurity Startups to Fund in Challenging Times
Related: Security Automation Firm Swimlane Closes $70 Million Funding Round
More from Ionut Arghire
- 500k Impacted by Data Breach at Debt Buyer NCB
- Chinese Cyberspies Use ‘Melofee’ Linux Malware for Stealthy Attacks
- Microsoft Cloud Vulnerability Led to Bing Search Hijacking, Exposure of Office 365 Data
- OpenAI Patches Account Takeover Vulnerabilities in ChatGPT
- New Wi-Fi Attack Allows Traffic Interception, Security Bypass
- Casino Giant Crown Resorts Investigating Ransomware Group’s Data Theft Claims
- Over 200 Organizations Targeted in Chinese Cyberespionage Campaign
- Nigerian BEC Scammer Sentenced to Prison in US
Latest News
- 500k Impacted by Data Breach at Debt Buyer NCB
- Chinese Cyberspies Use ‘Melofee’ Linux Malware for Stealthy Attacks
- Why Endpoint Resilience Matters
- Microsoft Cloud Vulnerability Led to Bing Search Hijacking, Exposure of Office 365 Data
- 3CX Confirms Supply Chain Attack as Researchers Uncover Mac Component
- UK Introduces Mass Surveillance With Online Safety Bill
- Musk, Scientists Call for Halt to AI Race Sparked by ChatGPT
- Malware Hunters Spot Supply Chain Attack Hitting 3CX Desktop App
