Zededa, a San Jose, Calif.-based leader in orchestration for the distributed edge, raised $12.5m in an extention funding which added to its $16m Series A funding round initially closed in February 2019, bringing its total funding to-date to $28.5m.
Backers included Rockwell Automation, Juniper Networks and EDF North America Ventures (a wholly owned subsidiary of EDF Trading North America) and existing investors Almaz Capital, Energize Ventures, Lux Capital and HBAM.
The company will use the new capital to continue to scale its operations, including investments in R&D, sales and marketing
Led by founder and CEO Said Ouissal, Zededa provides a cloud-based orchestration solution, which enables complete flexibility for end users, OEMs, machine builders, technology providers and system integrators, with support for any hardware, any application and any cloud or on-premises system. The company expects to more than triple the number of customer edge nodes under management by mid-2021 from today.
The company also has offices in Bangalore and Pune, India.
FinSMEs
01/04/2021