Edge Computing Network Macrometa Nabs $20M

by venturebeat.com posted 1month ago 5 views
Macrometa, an edge computing cloud and global data network for developers, today announced it has raised $20 million in a series A round led by Pelion Venture Partners. Sources report a post-money valuation of between $100 million and $500 million. The raise brings Macrometa’s total funding to date to $30 million and will be put toward expanding worldwide operations, cofounder and CEO Chetan Venkatesh says. Demand for edge infrastructure is accelerating in a post-pandemic world.

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