Section Closes $12M Series B Funding

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Section, a Boulder, Colo.-based Edge as a Service (EaaS) provider, closed a $12m Series B funding.

The round was led by Lumen Technologies, with participation from existing investors Foundry Group and Next Frontier Capital, and new investor Andreas Family Office.

The company intends to use the funds to continue to expand operations and its business reach.

Founded in 2012 in Sydney, Australia, by Stewart McGrath, CEO, Section provides Edge as a Service technologies that power next-gen applications with secure digital experiences. For application engineers, the platform removes the burdens associated with Edge infrastructure provisioning, workload orchestration, scaling, monitoring, and traffic routing, so they can focus on innovating their core product.

Over the past year, the company released several technologies including:

  • Adaptive Edge Engine, which continuously tunes and reconfigures edge delivery networks to ensure edge workloads are running in optimal locations to meet real-time traffic demands.
  • Node.js Edge Hosting, which empowers DevOps teams to run mission critical Node.js applications at the network edge.
  • Traffic Monitor, which gives DevOps engineers, application owners, and business leaders a way to quickly visualize how traffic is flowing through their edge architecture, delivering insights beyond functional boundaries.

FinSMEs

27/04/2021