Armada raises more than $55m to bridge the digital divide

Armada, an edge computing pioneer redefining the future of connectivity, compute and AI, has exited stealth.

The company has marked this milestone with a significant capital raise exceeding $55m, led by Founders Fund, Lux Capital, Shield Capital and 8090 Industries, with participation from Felicis, Contrary, Valor Equity Partners, Marlinspike, 137 Ventures, Koch Real Estate Investments, 8VC and a cohort of other strategic investors.

This funding will propel Armada...