Spectro Cloud scores £30.5m for Kubernetes management platform

Sunshine breaking through the clouds.

Spectro Cloud, a Kubernetes management platform provider, has closed a $40 million (£30.5m) Series B funding round.

The round, which was led by New York-based investor Stripes, sees Spectro Cloud’s total funding to date reach $67.5 million (£51.5m) as enterprises are increasingly turning to Kubernetes for edge deployments.

Other investors included Sierra Ventures, Boldstart Ventures, WestWave Capital, T-Mobile Ventures and Alter Venture Partners, all of which also...

Syntiant raises £42m to scale its global edge AI chip provision

Syntiant, a leading edge AI chip developer, has closed $55 million (£42m) in a series D funding round, bringing total investment in the company to $120 million (£91m) since its founding in 2017.

The Silicon Valley-based firm bagged five new investors including Renesas Electronics, Millennium Technology Value Partners, and Mirae Asset Capital, amongst others.

“We are at a pivotal point of our company’s growth and development, having shipped more than 20 million of...

Videon raises £6.7m in Series B for edge streaming platform

Videon Live Streaming

Edge video start-up Videon has raised $9 million (£6.7m) for its platform that makes live video processing and distribution faster and more efficient.

Funding for the Series B round was led by Alter Venture Partners with participation from Voyager Capital, Fortson VC, Bruce Chizen, and Cercano Management.

Following on from a successful Series A in June 2021, Videon’s total funding raised in the past seven months sits at $16.3 million (£12.1m).

Tricia...

Mangata Networks secures £24m for innovative satellite edge network

Satellite in Orbit

Mangata Networks, a satellite-based telecoms startup, has raised $33 million (£24.2m) in Series A funding to begin building its innovative satellite edge network.

The goal driving Mangata is to create a constellation of satellites that includes some in highly elliptical orbit (HEO) and others in medium Earth orbit (MEO). These satellites will then connect to a grounded system of MangataEdge micro data centres, extending the cloud to edge networks close to end...