# Edge Delta

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/edge-delta

- Industry: Software
- Headquarters: Seattle, US
- Website: www.edgedelta.com
- Total disclosed funding: $81M
- Latest round: Series B (May 3, 2022)
- Investors on record: 9

## About

Based in the US, Edge Delta, Inc. specializes in advanced telemetry solutions that enhance observability and security data management for organizations, optimizing their IT infrastructure monitoring and analysis.Edge Delta, Inc. is focused on providing advanced telemetry capabilities to assist organizations in data management. The company is headquartered in Seattle, US. Founded by Fatih Yildiz and Ozan Unlu, it has successfully raised USD 63.00 mn in Series B funding led by Quiet Capital on May 3, 2022, with participation from several other investors. The firm has completed a total of 3 deals to date, achieving a current valuation of USD 389.36 mn.Edge Delta's primary offerings are centered around its advanced Telemetry Pipelines designed for enhanced observability and security data management. These products facilitate seamless data streaming, enabling organizations to effectively monitor and analyze logs, metrics, traces, and anomalies across their IT infrastructure. Key use cases include optimizing operational efficiency, reducing observability costs, and improving service quality. The solutions are particularly tailored for enterprises utilizing cloud platforms such as AWS, Azure, and Google Cloud, as well as environments that incorporate OpenTelemetry. By focusing on data pipeline management, Edge Delta addresses challenges related to high operational costs and competitiveness faced by organizations lacking effective telemetry capabilities. The company primarily markets its products in North America, Europe, and Asia, serving clients from various industries including technology, finance, and healthcare.Edge Delta generates revenue through a structured subscription model for its Telemetry Pipelines and associated services. Clients enter into agreements that grant them access to the company's products, typically involving tiered pricing based on usage levels or the size of the data being processed. The transactions are predominantly B2B, targeting enterprises that require robust data observability and security solutions. While specific pricing plans are undisclosed, the revenue structure reflects varying costs associated with different service tiers, allowing clients to select options that best fit their operational needs. The flagship Telemetry Pipelines and ancillary offerings such as anomaly detection and automated root cause remediation contribute significantly to the company's revenue stream, designed to accommodate the diverse needs of its enterprise clientele, fostering long-term partnerships that enhance their data management capabilities.In May 2022, Edge Delta, Inc. raised USD 63.00 mn in Series B funding, led by new investor Quiet Capital. This funding will be utilized to accelerate corporate growth, including recruitment, marketing, and product innovation. The company aims to develop new products and enhance existing offerings to better serve its clients. Additionally, plans for expansion focus on entering new geographic markets, specifically targeting growth in Europe and Asia by the end of 2023.

## Funding rounds

- Series B, May 3, 2022, $63M — Menlo Ventures, Earlybird, Cisco Investments, Geodesic Capital, Amity Ventures, Quiet Capital, MaC Venture Capital, BAM Elevate, Kin Ventures
- Series A, Jun 25, 2021, $15M — Menlo Ventures, Amity Ventures, MaC Venture Capital
- Seed, Jul 31, 2019, $3M — Amity Ventures, MaC Venture Capital

## Investors

- Amity Ventures (https://capitalatlas.ai/funds/amity-ventures) — Seed, Series A, Series B
- MaC Venture Capital (https://capitalatlas.ai/funds/mac-venture-capital) — Seed, Series A, Series B
- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series A, Series B
- Earlybird (https://capitalatlas.ai/funds/earlybird) — Series B
- Cisco Investments (https://capitalatlas.ai/funds/cisco-investments) — Series B
- Geodesic Capital (https://capitalatlas.ai/funds/geodesic-capital) — Series B
- Quiet Capital (https://capitalatlas.ai/funds/quiet-capital) — Series B
- BAM Elevate (https://capitalatlas.ai/funds/bam-elevate) — Series B
- Kin Ventures (https://capitalatlas.ai/funds/kin-ventures) — Series B