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[Funding News] CA-based Armada Raises $40M in Strategic Funding

Armada, an edge computing pioneer redefining the future of connectivity, compute and AI has raised $40 million funding round led by M12 (Microsoft's Venture Fund), raising its total to over $100 million. This funding comes as all Armada products are now available in the Microsoft Azure Marketplace, with Azure customers able to use pre-committed Azure spend on Armada products.

Armada, an edge computing pioneer redefining the future of connectivity, compute and AI has raised $40 million funding round led by M12 (Microsoft’s Venture Fund), raising its total to over $100 million. This funding comes as all Armada products are now available in the Microsoft Azure Marketplace, with Azure customers able to use pre-committed Azure spend on Armada products.

Read also – [Funding News] Buildots Secures $15M Funding From Intel Capital

With Armada unwavering commitment to cutting edge solutions in edge computing technology, AI, satellite connectivity, and modular data centers, it is leading the charge toward a more interconnected and prosperous world.

Read also – [Funding News] Adona Medical Raises $33.5 Million Series C Funding

ā€œThis funding is a testament to the incredible progress our team has made in revolutionizing edge computing,ā€ said Pradeep Nair, Founding CTO at Armada. ā€œOur partnership with Microsoft and presence of Armada products on the Azure marketplace will drive significant advancements in our mission to bridge the digital divide. We are excited about the opportunities this collaboration brings.ā€

ā€œM12 has witnessed the swift progression of edge AI infrastructure towards practical use through years of investments. Our interactions with the Armada team bring the signal of a new era of comprehensive edge AI solutions,” said Michael Stewart, Managing Partner at M12. “We are confident that Armada will pioneer a definitive guide for implementing edge AI across various challenging sectors. They are poised to seamlessly connect edge workloads with hyperscale cloud computing resources, enhancing the customerā€™s capacity to derive value from their data, irrespective of its origin or resting place.ā€

ā€œWith the support of our investors, we are in a stronger position than ever to deploy our solutions on a global scale,ā€ added Dan Wright, co-founder and CEO at Armada. ā€œThe integration of Armada products with Azure enables our customers to seamlessly enhance operational efficiency using their existing Azure commitments. This is a game-changer for industries looking to maximize their digital transformation efforts.ā€

About Armada

Armada is the worldā€™s first full-stack edge computing platform, revolutionizing connectivity, compute, and AI solutions where theyā€™re needed most – anywhere on Earth. Armada envision a future where our pioneering edge computing platform seamlessly connects individuals, businesses, and communities worldwide, ushering in an era of unparalleled efficiency, collaboration, and progress.

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