Amount Raised
$55 Million
Round Type
Funding Round
San FranciscoSoftwareInvestors
Description
Armada, an edge computing pioneer redefining the future of connectivity, compute and AI, today exited stealth. The company marks this milestone with a significant capital raise exceeding $55M, led by Founders Fund, Lux Capital, Shield Capital and 8090 Industries, with participation from Felicis, Contrary, Valor Equity Partners, Marlinspike, 137 Ventures, Koch Real Estate Investments, 8VC and a cohort of other strategic investors. This funding will propel Armada forward in its mission to bridge the global digital divide, empowering businesses and communities to leverage all of their data, regardless of where it’s generated. Armada is dedicated to unlocking the potential of generative AI, edge computing and predictive models on a global scale.
Quick answer
Armada raised $55 Million in a Funding Round round, dated December 11, 2023. Investors: 8VC, Koch Real Estate Investments, 137 Ventures, Marlinspike, Valor Equity Partners, Contrary, Felicis and 8090 Industries. Armada is based in San Francisco, California, United States.
- How much did Armada raise?
- Armada raised $55 Million in a Funding Round round on December 11, 2023.
- Who invested in Armada?
- 8VC, Koch Real Estate Investments, 137 Ventures, Marlinspike, Valor Equity Partners, Contrary, Felicis and 8090 Industries are named as investors in this round.
- What does Armada do?
- Armada builds and operates a resilient, secure and scalable infrastructure, with a matching software component enabling a single control plane to easily manage and optimize data.
- Where is Armada based and how big is it?
- Armada is based in San Francisco, California, United States. Fundz records about 650 employees.
- Who are the decision-makers at Armada?
- Fundz holds 1 contact at Armada. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Software around the same time
Companies in the same sectors as Armada that raised within 45 days of this round, from Fundz verified event records.
- Swift Medical Inc. raised $8M (Funding Round) on January 25, 2024.
- TextQL raised $4.1M (Seed) on January 25, 2024.
- Mondu raised $50M (Debt Financing) on January 25, 2024.
- BillingPlatform raised $90M on January 25, 2024.
- Digs raised $14M (Funding Round) on January 25, 2024.
- RedHill Biopharma Ltd raised $10M on January 25, 2024.
Who to call at Armada, and when
A new round usually means Armada is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Armada raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Armada, from your own LinkedIn network
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Fundz sees it the moment Armada raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Armada raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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