Security Experts:

Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybersecurity Funding

Edge Management and Orchestration Firm Zededa Raises $26 Million

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.

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

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Click to comment

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Management & Strategy

Industry professionals comment on the recent disruption of the Hive ransomware operation and its hacking by law enforcement.

Management & Strategy

Tens of cybersecurity companies have announced cutting staff over the past year, in some cases significant portions of their global workforce.

Management & Strategy

SecurityWeek examines how a layoff-induced influx of experienced professionals into the job seeker market is affecting or might affect, the skills gap and recruitment...

Funding/M&A

Tenable has launched a $25 million venture fund to place bets on early-stage startups in the exposure management space.

Cybersecurity Funding

Forward Networks, a company that provides network security and reliability solutions, has raised $50 million from several investors.

Funding/M&A

Twenty-one cybersecurity-related M&A deals were announced in December 2022.

Management & Strategy

Microsoft making a multiyear, multibillion dollar investment in the artificial intelligence startup OpenAI, maker of ChatGPT and other tools.