Edjx Raises $2M in Funding

edjxEdjx, a San Jose, CA-based edge computing platform powering real-time applications, raised $2m in funding.

Backers included 6Fusion USA, and 4 unnamed private investors.

The company intends to use the funds to deploy tens of thousands of micro data centers called EdjPods to major metropolitan and industrial locations worldwide.

Led by John Cowan, founder and CEO, and James Thomason, founder and CTO, Edjc provides a platform that directs the execution of serverless requests to EdjPods in close physical proximity to mobile and edge devices. Serverless requests are transparently routed to the nearest EdjPod where they are executed inside of an isolated environment.
With Edjx, developers can:
– Overcome latency and bandwidth limitations at the edge by deploying serverless functions in close proximity to IoT and mobile devices
Enable IoT and mobile devices to securely access and record data at the edge using blockchain
– Pay as you go for edge computing and blockchain usage

For IT operators and facility owners, Edjx also creates new opportunities to earn passive revenue while increase the desirability of their properties. EdjPods are available at no cost to qualified commercial, industrial, and municipal organizations.

By hosting EdjPods, operators and owners can
– Increase the appeal of properties to prospective tenants who are using edge computing to create smart buildings, cities, refineries, and factories.
– Create new passive revenue streams connected to the utilization of the EDJX network and EdjPods hosted on premises.

FinSMEs

15/03/2019

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