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Venture Capital News: EDJX Pulls In Seed Financing Round

2022-09-06
RALEIGH, N.C., EDJX, the pioneer in decentralized global serverless edge computing, today announced that it has hired a new CEO while simultaneously raising a seed round of funding.
EDJX's CEO Benjamin Thomas has assumed day-to-day leadership of the company and joined EDJX's Board of Directors. Thomas is a serial entrepreneur and founder of two companies, which combined sold for over two hundred million dollars in enterprise value to strategic acquirers on less than $60 million in equity investment.

Additionally, EDJX closed $3M in new funding led by Intersouth Partners, bringing EDJX's overall fundraise to date to $15M.

EDJX is an intelligent Edge OS and computing platform that makes it easy to write, deploy, and execute applications using serverless computing to increase responsiveness and security. EDJX's edge mesh network of micro-compute and storage nodes minimizes latency, eliminates expensive backhauling of data, accelerates content delivery, and rapidly deploys IoT sensors at the far edge. EDJX helps businesses handle the explosive demand for data processing to serve real-world edge computing applications, including industrial IoT, artificial intelligence, augmented reality, and robotics.
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