This summary is generated by an algorithm. If you find any mistakes, let us know.

Cloud Computing Cloud Data Services Information Technology North America Open Source Software

ZEDEDA Closes $12.5M Strategic Investment Round to Expand Global Leadership in Secure Distributed Edge Computing

– Zededa announced a $12.5m expansion to its $16m Series A round bringing its total funding to-date to $28.5m.
– The latest round of institutional funding validates the traction Zededa has achieved across the market as customers adopt its disruptive orchestration solution for the distributed edge.
– Zededa will use the new influx of capital to continue to scale its operations, including investments in R&D, sales and marketing.
– Zededa’s cloud-based orchestration solution 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.

Source
Developer APIs E-Commerce E-Commerce Platforms Europe Open Source

Saleor scores $2.5M seed round for its ‘headless’ e-commerce platform

– Poland and U.S.-based startup Saleor has raised $2.5m in seed funding.
– The round was led by Berlin’s Cherry Ventures, with participation from various angels.
– They include Guillermo Rauch (Vercel CEO and inventor of Next.js), Chris Schagen (former CMO of Contentful) and Kevin Mahaffey (co-founder of Lookout).
– The injection of capital will be invested in further developing Saleor‘s headless e-commerce platform, including a soon-to-launch cloud product and GraphQL API for front-end engineers.

Source
Cloud Computing Enterprise Software North America Open Source SaaS Software

Docker nabs $23M Series B as new developer focus takes shape

– Docker, a cloud native container company, raised $23m in Series B funding.
– The round was led by Tribe Capital with participation from existing investors Benchmark and Insight Partners.
– The company has now raised a total of $58m including the $35m investment it landed the same day it announced the deal with Mirantis.
– The company’s goal is to popularize the community project and turn a small percentage of those users into paying customers.

Source
Developer Tools North America Open Source Security Software

Snyk Closes $300M Series E Financing; Valued at $4.7 Billion

– Snyk from Boston is a cloud native application security company.
– The company closed a Series E financing, totaling $300m.
– The round was led by Accel and Tiger Global, with participation from existing investors Addition, Boldstart Ventures, Canaan Partners, Coatue, GV (formally Google Ventures), Salesforce Ventures, Stripes and funds managed by BlackRock; new investors include Alkeon, Atlassian Ventures, Franklin Templeton, Geodesic Capital, Sands Capital Ventures and Temasek.
– The company intends to use the funds to expand its business reach.

Source
Cloud Infrastructure Database Enterprise Software Internet of Things North America Open Source

Yugabyte Raises $48M in Funding

– Yugabyte is a Sunnyvale, Calif.-based leader in open source distributed SQL databases.
– The company raised $48m in funding.
– The round was led by Lightspeed Venture Partners with additional participation by Greenspring Associates, Dell Technologies Capital, Wipro Ventures and 8VC.
– The new investment will be used to expand R&D, sales and customer functions in the EMEA and APAC markets and further accelerate enterprise adoption of its commercial products.

Source
Crunchbase icon

Content report

The following text will be sent to our editors: