What is ZEDEDA?
Established in 2016 and headquartered in San Jose, California, ZEDEDA offers a robust cloud-based orchestration solution designed to provide comprehensive visibility, control, and security for distributed edge environments. The platform empowers organizations to deploy and manage any application on any hardware at scale, seamlessly connecting to both cloud and on-premises systems. This capability is crucial for enterprises looking to leverage edge computing for enhanced data processing, real-time analytics, and operational efficiency across diverse and often remote locations.
How much funding has ZEDEDA raised?
ZEDEDA has raised a total of $143.4M across 6 funding rounds:
Other Financing Round
$16M
Debt
$350K
Debt
$528K
Series A
$28.5M
Series B
$26M
Unspecified
$72M
Other Financing Round (2019): $16M, investors not publicly disclosed
Debt (2020): $350K led by PPP
Debt (2021): $528K supported by PPP
Series A (2021): $28.5M featuring HBAM, Rockwell Automation, North America Ventures, Lux Capital, Almaz Capital, Energize Ventures, and Juniper Networks
Series B (2022): $26M backed by Lux Capital, Samsung NEXT, Energize Ventures, Almaz Capital, Coast Range Capital, Chevron, EDF North America Ventures, Rockwell Automation, Porsche Ventures, and Juniper Networks
Unspecified (2024): $72M with participation from Lux Capital, Chevron, and Porsche Ventures
Key Investors in ZEDEDA
Lux Capital
Lux Capital is a New York based venture capital firm that raises dedicated funds to invest in earlystage and growthstage companies at the intersection of science and technology, backing founders in frontier areas such as AI, robotics, space, defense, biotechnology, and advanced materials from seed through IPO or acquisition.
Chevron
Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels, commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives; and transports crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California.
Porsche Ventures
Porsche Ventures engages with top entrepreneurs across the globe through the company's offices in Europe, Silicon Valley, Israel and China. The company partners and invest in companies from early stage through growth, helping the company's founders accelerate by identifying and executing on relevant opportunities. The company's portfolio companies enjoy access to the company's network and industry expertise through valuable collaboration opportunities across the Porsche ecosystem.
What's next for ZEDEDA?
The substantial enterprise-level funding and recent strategic investment signal a pivotal growth phase for ZEDEDA. This influx of capital is expected to accelerate product development, expand market reach, and bolster strategic partnerships. The company's focus on securing edge infrastructure and enabling flexible application deployment positions it to capitalize on the increasing demand for edge solutions across industries such as energy, manufacturing, and telecommunications. Future initiatives will likely involve enhancing its platform's AI capabilities and expanding its global footprint to support a wider array of edge deployments.
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