Second State
Latest round
- Series A
Last raised
- Jul 2019
Total raised
- $3M
Investors
- 2
About Second State
Second State LLC provides a cutting-edge WebAssembly runtime designed for cloud-native applications. The company was founded in Austin, US, and has experienced strategic growth since inception. The CEO, Michael Yuan, has a strong background in the tech industry, previously involved in various ventures.Second State LLC specializes in WasmEdge, a secure and fast WebAssembly runtime geared towards cloud-native and edge-native applications. It provides tools for AI inference, specifically harnessing the capabilities of advanced language models like Llama 2. These offerings cater to various sectors, including e-commerce and CRM, facilitating solutions for tasks such as image classification and workflow automation.The revenue model for Second State LLC revolves around subscription-based services and strategic partnerships that allow clients to implement the WasmEdge runtime within their technology frameworks. Transactions typically involve service agreements, with potential pricing plans customized to usage levels and specific feature needs. Key services, such as LLM inference solutions and cloud-native microservices, primarily target B2B clients, providing direct access to advanced AI functionalities.00 mn to enhance its product offerings and expand its market reach. The strategy includes the development of new features for WasmEdge and plans to enter additional geographic markets by the end of 2023, focusing on regions in Asia and Europe.
Who invested in Second State
2 investors across 1 round
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Funding rounds
Series A
Jul 17, 2019
Amount
$3M
Investors
Questions about Second State
Who invested in Second State?
Second State has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Second State raised?
Second State has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Second State last raise money?
Second State's most recent round on record is a Series A, in Jul 2019.
What does Second State do?
Second State LLC provides a cutting-edge WebAssembly runtime designed for cloud-native applications.
Where is Second State headquartered?
Second State is headquartered in Austin, US.
Which VCs invest in companies like Second State?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Second State's stage. Their profiles are linked below.
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