IO River raises $5.4 million in a Seed round led by S Capital to optimize Internet content delivery.
Mar 13, 2024•almost 2 years ago
Amount Raised
$5.4 Million
Round Type
seed
Investors
Ronni ZehaviAryeh MergiS Capital
Description
IO River announced a $5.4 million Seed funding round led by S Capital. The startup's platform for managing multiple edge platforms aims to ensure top performance, reliability, and cost efficiency for online services companies. The round also saw the participation of other investors, including Aryeh Mergi and Ronni Zehavi.
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