Armada, a San Francisco, CA-based edge computing company, raised $40M in funding.
The round, which brought the total amount to $100M, was led by by M12. This funding comes as all Armada products are now available in the Microsoft Azure Marketplace, with Azure customers able to use pre-committed Azure spend on Armada products.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Dan Wright, Armada provides secure and scalable infrastructure with matching software components, enabling real-time data processing and decision-making at the edge. Through its solutions, the company is poised to empower industries, enhance operational efficiency, and foster global connectivity.
Its flagship products include the Edge, a full-stack modular datacenter solution, which brings compute to remote sites in a ruggedized, mobile form factor, and EdgeAI applications, which are purpose-built for use cases on the edge to run on-premises or in the cloud.
Customers have brought Armada’s technology to 43 countries.
FinSMEs
11/07/2024