Edge Delta raised $ 63M in Series B Funding

Edge Delta

Edge Deltaa Seattle, WA-based provider of observability platform that analyzes and captures data insights using distributed stream processing and federated machine learning, raised $ 63M in Series B funding.

The round was led by Quiet Capital, with participation form BAM Elevate, Earlybird Digital East, Geodesic Capital, Kin Ventures, ServiceNow, Cisco Investments, Menlo Ventures, MaC Venture Capital, and Amity Ventures.

The company aims to use the funds to accelerate corporate growth, including recruitment, marketing and product innovation.

Led by CEO Ozan Unlu, Edge Delta employs a modern approach to observability by providing enterprises with the ability to use distributed stream processing and federated machine learning capabilities for intelligent, dynamic, and automated data processing. on the side. Instead of moving all data to the cloud, it can be checked at its source, enabling accessibility and visibility across datasets, in an automated, proactive, and scalable solution. As a result, DevOps, SREs, and security teams can automatically determine system habits and anticipate growing hotspots and anomalies, providing more time to resolve problems rather than diagnose problems. ito.

FinSMEs

04/05/2022

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