Adapdix gains $8M for edge AI-powered industrial automation and control software
Adapdix Corporation, the digital transformation leader in Edge AI automation and control software, has completed an $8M Series A funding round, led…
venture funding
FMC developing next-gen memory for edge computing hardware, raises $20M
Ferroelectric hafnium oxide technology leader Ferroelectric Memory GmbH (FMC) has completed a $20 million Series B funding round led by new investors…
Qualcomm Ventures into edge computing with investments in Azion, Pensando
Qualcomm Ventures announced new investments in four companies to help advance innovation and accelerate 5G adoption within the ecosystem, through…
Scandit secures $80M for AR, object recognition software for edge devices
Scandit AG has secured $80 million in funding to be invested in expanding its barcode scanning and augmented reality software,…
Research roundup: COVID-19 impact on 2020 IT spending from IDC, PwC
Global IT spending is expected to decrease by 5.1% in 2020 to $2.25 trillion owing to the detrimental economic impact…
Covariant grabs funding for AI robotics on the edge
AI robotics software firm Covariant pulled in $40 million in a Series B round led by Index Ventures, bringing its…
AlefEdge squeaks in new funding for mobile edge PaaS under the COVID-19 wire
Alef Edge Inc., the software-defined mobile edge startup, was able to close a Series B round of funding just as…
Axonius secures $58 million funding for business development efforts
Cybersecurity asset management company Axonius has secured a $58 million investment in Series C funding to boost scalability and business…
StackPath nets $216M in Series B round to build out edge compute, security services
Edge compute and delivery services vendor StackPath LLC closed a Series B round, estimated to be $216 million, from Cox…
$20 million in venture funding for NGD Systems’ computational storage drive
Enterprise storage player NGD Systems has reported a $20 million financing round from a collection of investors including an investment…
