Avassa, a pioneer in the management of distributed edge clouds, today announced it has secured €5.8M in a funding round co-led by Fairpoint Capital and Industrifonden. The funds will go toward accelerating the development of its Platform-as-a-Service (PaaS) for managing massively distributed edge clouds for container applications.

 

Avassa’s founding team has a string of successful ventures building software for automating and orchestrating distributed systems between them. The most recent company, Tail-f Systems, was acquired by Cisco Systems in 2014.

 

Distributed Cloud – the next generation of computing – builds on the advantages created by cloud computing while extending the range and use cases to specific and distributed locations.

 

Read more about Avassa:

 

https://avassa.io/press-release-202011/