Edge Delta raises £50m in Series B for data observability platform

Edge Delta raises £50m in Series B for data observability platform
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Edge Delta, a platform that uses distributed stream processing and machine learning for data observability at the edge, has raised $63 million (£50.9m) in a Series B led by Quiet Capital.

“It’s clear that traditional approaches for collecting and analysing data fall short against the tsunami of data impacting organisations today,” says Ozan Unlu, CEO and founder of Edge Delta.

“As the first and only player in edge observability, we enable our customers to harness the tremendous power of enterprise data while generating significant gains in cloud spend and mean time to resolution (MTTR).”

The Seattle-based start-up’s unique offering automatically analyses data as it is created at the source. This avoids the productivity bottlenecks and high costs that come from dealing with the containerised nature of modern clouds, which are often distributed across Kubernetes, Lambda, ECS, and EC2.

It provides access and visibility into datasets in an automated and scalable approach which gives DevOps and security teams the ability to recognise system behaviours and stay ahead of emerging hotspots and anomalies.

Justin Head, VP of DevOps at Super League Gaming, said: “When we deployed Edge Delta, we saw anomalies and useful data immediately. The first week, we actually had an outage, and Edge Delta helped us find the root cause hours faster than we would have.”

Edge Delta will use the funding to push its corporate growth, including recruitment, marketing, and product innovation.

Morgan Livermore, partner at Quiet Capital, added: “Edge Delta elegantly streamlines companies’ abilities to wield their growing avalanche of data in any form. By providing full data visibility faster and with deeper insights, Edge Delta is becoming the key to unlocking a world of new functionality across security, DevOps, and SRE.”

Along with Quiet Capital, new investors included BAM Elevate, Earlybird Digital East, Geodesic Capital, Kin Ventures, ServiceNow, Cisco, Menlo Ventures, MaC Venture Capital, and Amity Ventures.

The latest round takes Edge Data’s total capital raised to $81 million (£65.6m).

Want to learn more about edge computing from industry leaders? Check out Edge Computing Expo taking place in Amsterdam, California and London. 

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