Nearby Computing, a prominent player in the field of Edge Computing orchestration and automation, has successfully concluded a Series A financing round, securing €6.5 million in funding. This significant capital infusion marks a crucial milestone for the company as it gears up to accelerate its expansion and solidify its presence in the market.
The financing round was led by Walter Ventures and JME Ventures, with participation from esteemed industry leaders in the ICT sector, including Telefónica (through Wayra Hispam) and Akamai Technologies. These influential new shareholders signify the industry’s recognition of Nearby Computing’s game-changing solutions.
The funding aims to propel Nearby Computing’s mission of empowering businesses and service providers with cutting-edge Edge Computing and Software automation solutions. This injection of capital will fuel the company’s ongoing research and development efforts, enabling the creation of innovative technologies that redefine the boundaries of computing capabilities.
“As we continue to establish our foothold in the market, our primary objective remains empowering organizations with advanced Edge Computing and Software automation solutions,” expressed Josep Martí, CEO of Nearby Computing. This reaffirms their commitment to revolutionizing the way companies leverage computing power in edge environments, enabling them to unlock unprecedented scalability, reliability, and efficiency.
With this financial support bolstering their growth trajectory, Nearby Computing is poised to not only meet but exceed the evolving demands of the industry, propelling Edge Computing into the next era of innovation. The company’s relentless pursuit of excellence and dedication to pushing technological boundaries will undoubtedly shape the future of computing, empowering organizations across industries to unlock their full potential.