Zededa, a Santa Clara, CA-based edge virtualization software company, secured $16M in Series A funding.
The round was co-led by Energize Ventures and Lux Capital, with participation from existing investors Wild West Capital, Almaz Capital, Barton Capital, and industry veteran Ed Zander, former CEO of Motorola and former COO of Sun Microsystems. As part of the funding, Kevin DeNuccio, Founding Partner at Wild West Capital, Juan Muldoon, Principal at Energize Ventures and Bilal Zuberi, Partner at Lux Capital will be joining Zededa’s board of directors.
The company intends to use the funds to scale infrastructure, increasing R&D, and expanding sales, marketing, and customer success programs.
Founded in 2016 and led by CEO Said Ouissal, Zededa provides a a cloud-native edge virtualization software platform to monitor, visualize, and secure edge applications at scale, on any hardware, over any network, that can operate autonomously – independent of the connectivity to the cloud or corporate data center.
Its open standards-based edge virtualization software gives organizations complete control of their edge data and avoids vendor lock-in regardless of the apps and clouds they choose to implement.
FinSMEs
25/02/2019