# Azion Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/azion-technologies

- Industry: Internet
- Headquarters: Palo Alto, US
- Website: www.azion.com
- Latest round: Series A (Nov 10, 2020)
- Investors on record: 2

## About

Azion Technologies LLC is a web platform provider that enhances application performance, security, and reliability through edge computing solutions, serving a global enterprise clientele.Founded in 2011 in Palo Alto, US, Azion Technologies LLC specializes in edge computing, allowing developers to build and secure applications across a distributed network. The company was founded by Ian Hartz, and Rafael Umann serves as the CEO. Azion has completed one deal as of November 10, 2020.Azion Technologies, Inc. specializes in providing a robust web platform designed to enhance the performance, security, and reliability of applications deployed across a global network. Their core offerings include an edge computing platform that allows developers to build, secure, and scale applications efficiently, leveraging a highly distributed architecture with over 100 edge locations worldwide. The platform caters to various sectors, including e-commerce, entertainment, finance, AI, and IoT, facilitating mission-critical services essential for modern application demands. Azion's services are tailored for large enterprises and developers, enabling rapid project deployment and integration through a user-friendly interface, command-line tools, and application programming interfaces (APIs). The company serves a global customer base, with specific emphasis on markets in North America, Europe, and Latin America, ensuring reliable connectivity and enhanced application performance in these regions.Azion Technologies operates on a subscription-based revenue model, where clients pay for access to the company's platform and services. Revenue generation occurs primarily through direct partnerships with businesses seeking to utilize Azion’s edge computing capabilities. Customers may subscribe to various pricing plans that grant them access to the full range of services, including serverless computing, security features, and network performance enhancements. Clients can engage with Azion by selecting tailored packages that best suit their needs, which may include credits for usage over a predetermined period. The company's flagship offerings are designed to meet the needs of large enterprises looking to innovate at the edge, ensuring that transactions are structured to provide comprehensive support and integration for their clients' applications.In November 2020, Azion Technologies LLC raised an undisclosed amount of Series A funding, co-led by new investors Monashees Capital and Qualcomm Ventures. The company is focused on developing new products aimed at enhancing its edge computing capabilities, with plans to launch these innovations by late 2021. Additionally, Azion is targeting expansion into markets in Asia and Africa by mid-2022 as part of its growth strategy. The recent funding will be utilized to accelerate product development and support market entry activities in these new regions.

## Funding rounds

- Series A, Nov 10, 2020 — Monashees, Qualcomm Ventures

## Investors

- Monashees (https://capitalatlas.ai/funds/monashees) — Series A
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series A