Total amount raised
$81 Millions
Latest funding date
05/01/2022
Location
Edge Delta has successfully raised funding through multiple rounds, with notable investors including Kin Ventures and Amity Ventures. The company specializes in observability platforms, offering Cloud-First Log Search, Analytics, and Data Pipelines.
Keep reading to explore the intricacies of Edge Delta's fundraising journey and the investors backing this innovative platform.
What Is Edge Delta?
Edge Delta, founded in 2018, is based in Seattle, Washington. The company was established by Fatih Yildiz and Ozan Unlu.
Specializing in observability platforms, Edge Delta offers Cloud-First Log Search, Analytics, and Data Pipelines. Their solutions help DevOps, Developer, and SRE teams control costs, maximize visibility, and stay ahead of data growth.
With a team of 51-100 employees, Edge Delta continues to innovate in the field of telemetry pipelines for observability and security data, providing efficient and intelligent solutions to manage data at petabyte scale.
How Much Funding Has Edge Delta Raised?
- Seed Round
- Amount Raised: $3M
- Date: July 2019
- Lead Investors: Amity Ventures, MaC Venture Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop the initial product and establish a market presence.
- Series A
- Amount Raised: $15M
- Date: June 2021
- Lead Investors: Menlo Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance product offerings.
- Series B
- Amount Raised: $63M
- Date: May 2022
- Lead Investors: Quiet Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate corporate growth, including recruitment, marketing, and product innovation.
Total Amount Raised: $81M
Current Valuation: Not publicly disclosed
Key Investors
- Quiet Capital
- Details: Quiet Capital is a venture capital firm that invests in early-stage technology companies. They focus on innovative solutions in data analytics and enterprise software.
- Investment Focus Areas: Technology, data analytics, enterprise software
- Notable Investments: Not specified in the sources
- Menlo Ventures
- Details: Menlo Ventures is a venture capital firm that invests in consumer, enterprise, and life sciences companies. They have a history of backing successful startups.
- Investment Focus Areas: Consumer, enterprise, life sciences
- Notable Investments: Uber, Roku, Warby Parker
- Amity Ventures
- Details: Amity Ventures is a venture capital firm focused on early-stage investments in technology companies. They aim to support innovative startups.
- Investment Focus Areas: AI, cybersecurity, SaaS
- Notable Investments: Not specified in the sources
- MaC Venture Capital
- Details: MaC Venture Capital is a venture capital firm that invests in technology startups, particularly those led by diverse founders. They support companies in various sectors.
- Investment Focus Areas: Media, entertainment, consumer technology
- Notable Investments: Not specified in the sources
- Kin Ventures
- Details: Kin Ventures is a venture capital firm that invests in technology and innovative startups. They have a focus on early-stage companies.
- Investment Focus Areas: Technology, innovative startups
- Notable Investments: Not specified in the sources
What's Next for Edge Delta?
Edge Delta stands at the cusp of significant growth, driven by the increasing need for real-time data analytics in distributed and containerized environments. With $63 million in Series B funding, the company is poised to expand its market presence, enhance product innovation, and recruit top talent. This financial backing underscores the vast opportunities available, particularly in addressing inefficiencies in traditional data observability methods.
Future fundraising appears promising as Edge Delta continues to demonstrate its value proposition. The company’s innovative approach to analyzing data at its source positions it well for additional investment rounds. However, challenges such as competition from other observability platforms and the need to scale operations efficiently remain. Navigating these hurdles will be crucial for sustained growth and market leadership.
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