Zededa raises $72M to fuel AI tools

Zededa secures $72M in a Series C funding round led by Smith Point Capital, signaling strong market confidence. The round empowers Zededa to broaden its outreach in sales and marketing and turbocharge R&D efforts.

• Edge Computing Growth: Zededa addresses rising edge computing demands, with Gartner forecasting the deployment of edge management and orchestration (EMO) solutions to reach 20% of large enterprises by 2027.

• Investor Confidence: With over $127M raised to date, Zededa, founded by Said Ouissal and Erik Nordmark, garners new investments from Hillman Company and others while maintaining trust among existing backers such as Lux Capital and Porsche Ventures.

• Strategic Partnerships: With successful collaborations with Emerson and Rockwell Automation, Zededa showcases its capability to provide edge management solutions that optimize operations and reduce ownership costs.

• Progressive Growth: Zededa's business metrics surge, with annual recurring revenue up by 250% and management node increase at a staggering 300%.

With this injection of capital, Zededa is gearing up to redefine the edge computing landscape, delivering robust, secure, and innovative solutions that will drive the next wave of digital evolution.