ZEDEDA, a start-up based in San Jose, California, announced $72 million in Series C funding for its edge management and orchestration software.
ZEDEDA, which says it now has tens of thousands of nodes under management, reduces the cost of managing and orchestrating distributed edge infrastructure and applications while increasing visibility, security and control. Its platform provides a unified orchestration experience across hardware, software, networks and cloud that delivers visibility, control and security.
The latest funding was led by Smith Point Capital, founded by former Salesforce Co-CEO Keith Block. The company has now raised over $127 million in total since its founding. Hillman Company, LDV Partners, Endeavor Catalyst Fund and Forward Investments (DEWA) joined Smith Point Capital as new investors in the company. In addition, ZEDEDA saw strong support from returning investors in this round, including Lux Capital, Almaz Capital, Coast Range Capital, Juniper Networks, Emerson Ventures, Chevron Technology Ventures, 5G Open Innovation Lab, Rockwell Automation and Porsche Ventures.
