Cosmonic, an Arlington, VA-based provider of a SaaS lightweight suite of Wasm-powered tools, features, and services that abstract complexity from application development and management, raised $8.5M in Seed funding.
The round was led by Vertex Ventures with participation from Jeffrey Rothschild, Bob Pasker, Jeff Burkland, Tom Killalea, General Advance, and Cosmonic co-founder and CEO Liam Randall’s own Relentless VC.
The company intends to use the funds to accelerate the development of its SaaS platform.
Founded by Liam Randall and Kevin Hoffman, Cosmonic Cosmonic is helping develop and promote wasmCloud PaaS, a universal runtime platform that enables developers to use cloud native technologies and Web Assembly to build portable, pluggable business logic that runs anywhere, including multi-cloud, multi-edge and far edge environments. Launched in November 2020, the company has grown to include over 100 core contributors and was accepted as a Cloud Native Computing Foundation (CNCF) sandbox project in August 2021.
FinSMEs
26/10/2022