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Section Closes $12M Series B Funding


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 burdens associated with Edge infrastructure provisioning, workload orchestration, scaling, monitoring, and traffic routing, so they can focus on innovating their core product. ....

New South Wales , Stewart Mcgrath , Service Eaa , Andreas Family Office , Foundry Group , Lumen Technologies , Next Frontier Capital , Andreas Family , Edge Engine , Edge Hosting , புதியது தெற்கு வேல்ஸ் , ஸ்டீவர்ட் மக்ர்யாத் , சேவை ஈயயா , ஃபவுண்டரி குழு , லுமேன் தொழில்நுட்பங்கள் , அடுத்தது எல்லை மூலதனம் , விளிம்பு இயந்திரம் ,

Section Primed to Accelerate Edge as a Service Adoption with $12M Series B Raise


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 confidence in Section’s position within the potential $800 billion edge computing ecosystem. ....

New South Wales , Paul Savill , Stewart Mcgrath , Service Eaa , Drupal Association , Andreas Family Office , Foundry Group , Lumen Technologies , Next Frontier Capital , Andreas Family , Lumen Platform , Edge Engine , Adaptive Edge Engine , Edge Hosting , Section Traffic Monitor , Drupal Steward , Wallarm Cloud Web Application Firewall , Section Edge , புதியது தெற்கு வேல்ஸ் , ஸ்டீவர்ட் மக்ர்யாத் , சேவை ஈயயா , திருப்பாள் சங்கம் , ஃபவுண்டரி குழு , லுமேன் தொழில்நுட்பங்கள் , அடுத்தது எல்லை மூலதனம் , லுமேன் நடைமேடை ,