IO River raises $20M to unbundle the edge and challenge CDN lock-in
IO River, a company that provides the underlying infrastructure for multi-edge and edge decoupling environments, closed a $20m Series A funding to drive multi-edge adoption and edge decoupling led by Venture Guides and New Era, with participation from S Capital and private investors.
The company seeks to disrupt the traditional CDN market by un-bundling infrastructure from add-on services, making it easier for new players to enter the space.
“Online services have always craved the benefits of multiple edge networks without the operational pain,” says Edward Tsinovoi, co-founder and CEO of IO River. “IO River makes that possible. We’ve built a multi-edge platform that brings the architectural power once reserved for the enterprises of the world to everyone else.”
IO River’s multi-edge is a platform that enables organizations to deploy across multiple delivery networks with zero complexity, and manage everything through one interface.
The platform inserts a neutral virtual layer for configuration, AI-powered traffic steering and observability to enable ultra-low latency delivery. IO River’s technology expands the edge ecosystem to local, regional and telecom providers, which helps it to have a more diverse and open market.
The solution covers industry pain points like vendor lock-in and paves the way for AI at the edge.
Recent downtime from industry titans (AWS, Cloudflare, Azure) show that multi-edge redundancy is necessary and IO River puts it within anyone’s reach.
NVIDIA turns to Groq to fix the GPU inference gap
Article Topics
CDN | cloud infrastructure | edge computing | edge decoupling | funding | IO River | multi-edge
Comments