Crosser raised $1.8M seed round for its edge computing software
Oct 16 2017
Crosser, a company that helps analyze data at the network edge raised a $1.8M seed round led by Spintop Ventures. Almi Invest and Norrlandsfonden co-invested in the startup.
Crosser started a side-project by one of the founders in 2009. The first version of the product was a real-time communication server for enterprise customers.
Customers can typically monitor databases, sensor data streams, web sockets, cloud-services, and several devices, and data sources using Crosser’s fog computing software.
There has been an uptick in the number of ‘edge software’ startups and the funding raised. From Iguazio and FogHorn to Machfu, $76M has been raised between the ‘edge’ only startups since July last year..
+ Primary use cases of 'edge computing' solutions in industrial and commercial settings are predictive and preemptive maintenance.
+ The startup plans to use the funding proceeds for sales and marketing.