Edge infrastructure company Sunlight.io has added Valedor Partners to its Series A funding round, joining existing investors Robert Bosch Venture Capital and OpenOcean.
Valedor’s joining brings Sunlight’s total funding to $20 million (£16m) as it looks to strengthen its commercial growth in US markets.
Sunlight.io says the funding will also be put towards expanding its edge-as-a-service infrastructure platform and working on partnerships with companies like Lenovo and Avnet Integrated.
David Bloch, a partner at Valedor, said: “With its super small footprint, Sunlight is perfect for the low-power devices used at the edge of the network, one of the fastest-growing parts of corporate IT spend in everything from defence to energy, quick service retail, and manufacturing, where a new generation of apps requires instant processing and storage power.”
Sunlight also announced the appointment of a new CEO, Tom Flink, alongside the new funding. Flink has been a deep tech advisor and leader for many years, having worked as an executive at companies like Citrix Systems, RES Software, and Forcepoint.
Additionally, Sunlight will appoint Tom Flink as its new CEO. According to Sunlight, Flink is a deep tech advisor and leader with profound experience, having served as an executive in Citrix Systems, RES Software, Forcepoint and Instart Logic.
Sunlight’s founder and CTO Julian Chesterfield said of the announcement: “The injection of enhanced leadership and capital will allow us to grow our sales, product and engineering focus and launch new features, including the first full hyperconverged stack to support the Arm-CPU-based Nvidia Jetson for AI and video analytics applications.”
Sunlight Edge is marketed as a secure, low-cost infrastructure that facilitates real-time analysis based on edge data for application management.
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