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.

Phantom AI, a Silicon Valley autonomous driving platform startup, has raised $36.5 million in its Series C funding round from…

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McKinsey, Accenture place bets on AI-driven businesses

McKinsey & Company, a management consulting firm, has acquired Iguazio, an artificial intelligence (AI) and machine-learning technology company. Meanwhile, Accenture,…

 

Sunlight.io injects new funding, leadership’ to scale edge computing platform offering

Sunlight.io, an edge infrastructure company, announced that Valedor Partners had joined its series A investment round alongside existing investors Robert…

 

Memfault secures $24M to enhance its IoT reliability platform

Memfault, an IoT reliability platform provider, has secured $24 million in funding to accelerate its product development and expand the…

 

Cloudian secures $60M to accelerate data management for hybrid cloud

Cloudian, a company that specializes in data management software for the hybrid cloud, has successfully raised $60 million in funding…

 

Metaspectral’s AI platform uses hyperspectral imaging, edge computing to transform space, recycling and other industries

Vancouver-based Metaspectral has developed an AI platform that uses novel data compression and deep learning algorithms to analyze hyperspectral images…

 

Hypori raises $10.5M to secure edge data with a zero-trust BYOD approach

Hypori Inc, a SaaS company providing secure access to edge data, recently completed a Series B funding round and secured…

 

Rapid Silicon raises $30M to develop FPGA for edge applications

Rapid Silicon, a company that designs application-specific FPGA devices, recently secured $30 million in funding to launch its low-end product,…

 

Radian Arc secures funding for edge cloud service from CPS Capital Group, AMD Ventures and TEC

Radian Arc, a cloud infrastructure provider, has successfully closed its Series A funding round with key partners CPS Capital Group,…

 

Startup EnCharge AI receives $21.7M to develop advanced edge AI chip tech

EnCharge AI, an advanced AI hardware and software system provider for edge computing, has emerged from stealth with a $21.7M…

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