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Section, a Boulder, Colo.-based Edge as a Service (EaaS) provider, closed a $12m Series B funding. The round was led by Lumen Technologies, with participation from existing investors Foundry Group and Next Frontier Capital, and new investor Andreas Family Office. The company intends to use the funds to continue to expand operations and its business reach. Founded in 2012 in Sydney, Australia, by Stewart McGrath, CEO, Section provides Edge as a Service technologies that power next-gen applications with secure digital experiences. For application engineers, the platform removes the bu...

Press release content from PR Newswire. The AP news staff was not involved in its creation. Section Primed to Accelerate Edge as a Service Adoption with $12M Series B Raise April 26, 2021 GMT BOULDER, Colo., April 26, 2021 /PRNewswire/ -- Section, a leading Edge as a Service (EaaS) provider, today announced that it has closed $12 million in Series B funding. The financing round was led by Lumen Technologies, with additional participation from existing investors Foundry Group and Next Frontier Capital, and new investor Andreas Family Office. This latest influx of investment signals strong conf...