Funding

Tracking investments in the companies in the edge services ecosystem, along with trends and related developments. Includes funding from angel and seed rounds to debt instruments, stock offerings, and related financial news.

Sima.ai, a company specializing in machine learning system-on-chip (MLSoC) platforms, has secured $70 million in funding. This investment round, led…

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Hailo raises $120 million and launches Hailo-10 GenAI accelerator

Hailo has secured $120 million in its Series C funding round, bringing the total to over $340 million, which showcases…

 

Flexnode to transform the data infrastructure landscape with $9 million capital raised

Flexnode, a player in the data infrastructure sphere, recently shifted gears with its successful funding round. Raising $9 million in…

 

DataBank announces its first green financing, issuing $456 million of secured notes

DataBank, a company specializing in enterprise-level edge colocation, interconnection, and managed cloud services, has announced the issuance of $456 million…

 

Snowflake teams up with Mistral AI to integrate language models via Snowflake Cortex

Snowflake, a player in the data cloud space, and Mistral AI, a provider of AI solutions in Europe, have announced…

 

Synadia secures $25 million funding for AI-powered multi-cloud and edge computing demands

Open source cloud and edge-native messaging system Synadia Communications has closed a $25 million Series B financing round to accelerate…

 

Skylo Technologies secures $37 million in funding round led by tech industry heavyweights

Skylo Technologies, a satellite connectivity service provider, secures $37 million in funding co-led by Intel Capital and Innovation Endeavors. Among…

 

Couchbase secures a $25 million loan with MUFG Bank

Couchbase recently announced its entry into a material definitive agreement. Specifically, Couchbase, Inc. has secured a senior secured revolving loan…

 

Semron’s mobile AI chips attract $7.9 million in seed funding

Dresden-based company Semron has successfully raised $7.9 million in seed funding for its AI chips featuring 3D packaging designed for…

 

Zededa closes $72M Series C round to expand edge market reach

Edge management and orchestration provider Zededa has raised $72 million in growth capital. The Series C round was led by…

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