Amount Raised
$5 Million
Investors
Chris BackMathias BiilmanPaolo NegriMirko NovakovicEvan WeaverSquare One
Description
Edgeless Systems, a pioneering confidential computing company that is turning the public cloud into the safest place for sensitive data, today announced it has raised $5 million in its seed round led by Berlin-based SquareOne with angel investors that include Evan Weaver (founder of Fauna), Mirko Novakovic (exit of Instana to IBM), Paolo Negri (founder of Contentful), Mathias Biilman and Chris Back (founders of Netifly).
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers