As people continue to work and study from home because of the COVID-19 pandemic, interest in edge computing has increased. Macrometa, a Palo Alto-based that provides edge computing infrastructure for app developers, announced today it has closed a $7 million seed round.
The funding was led by DNX Ventures, an investment fund that focuses on early-stage B2B startups. Other participants included returning investors Benhamou Global Ventures, Partech Partners, Fusion Fund, Sway Ventures, Velar Capital and Shasta Ventures.
While cloud computing relies on servers and data centers owned by providers like Amazon, IBM, Microsoft and Google, edge computing is geographically distributed, with computing done closer to data sources, allowing for faster performance.
Founded in 2018 by chief executive Chetan Venkatesh and chief architect Durga Gokina, Macrometa’s