ZEDEDA, a Santa Clara, CA-based company that is pioneering a cloud-native approach to control, visibility, and security of edge applications, raises $16 million in a series A funding round. The company will use the funding to scale its infrastructure, enhance R&D, and improve sales, marketing, and customer-centric programs to offer effective support to its global customer base. The investment round was co-led by Energize ventures and Lux capital. Many other investors like Wild West Capital, Almaz Capital, Barton Capital, and industry veteran Ed Zander, former CEO of Motorola and former COO of Sun Microsystems also participated in the investment round. Kevin DeNuccio, Founding Partner at Wild West Capital, Juan Muldoon, Principal at Energize Ventures, and Bilal Zuberi, Partner at Lux Capital are scheduled to join ZEDEDA’s board of directors as part of the funding process.
Edge computing has become a critical aspect of the computing processes, and companies are trying to process the vast majority of their data at the cyber-physical edge. Edge computing solutions process data outside the secure datacenters, which makes it imperative for businesses to have advanced applications like AI to rebuild security from the ground up in a zero-trust model.
The Edge computing solution of ZEDEDA allows companies to securely deploy an application on any hardware, over any network, and at the edge. It also allows applications to operate autonomously without the connectivity of any cloud or data center. The company’s open standards-based edge virtualization software enables organizations to have complete control of their edge data. ZEDEDA delivers solutions that help to remove the complexity of edge infrastructure by delivering safe and vendor agnostic features, allowing companies to boost business agility through the use of enterprise AI and IoT applications. The applications help to process the massive amounts of edge data that is generated per second.