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Smith Point Capital, a venture capital investment firm, led a $72m Series C round in ZEDEDA, a distributed edge orchestration and virtualization software provider. “This latest round of investment validates our leadership position as the preferred choice of large enterprises for their edge management and orchestration needs. Our unique and innovative product is powering the explosive demand of ubiquitous edge computing, underpinning our customer’s AI and real-time data analytics initiatives. With this funding, we are well-positioned to further extend the cloud operational infrastructure model everywhere, to continue to delight our customers and to realize our vision of powering the next era of computing,” Said Ouissal, ZEDEDA CEO and Founder.
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