The 10 Biggest Edge Computing News Stories Of 2020
Market consolidation and startups entering the fold affected the edge computing space in 2020, but perhaps no force was as powerful as the COVID-19 pandemic, which changed the IT landscape all over the globe and brought with a slew of new opportunities as the edge – not the campus or data center – network.
8. Edge Networking Startup Infiot Exits Stealth Mode
Edge Networking startup Infiot burst onto the scene in 2020 with a new approach to edge networking and connectivity at time when demand for Internet of Things applications and remote working is at an all-time high, the company said.
Infiot was founded in 2018 by networking and SD-WAN industry veterans, including the company‘s current CEO Parag Thakore who was also part of the founding team for SD-WAN specialist VeloCloud, which was bought by Vmware in 2017. The company emerged from stealth mode in October with $15 million, a Series A funding round backed by Lightspeed Venture Partners, Neotribe Ventures, Westwave Capital, and Harpoon Ventures. The Menlo Park, Calif.-based startup said it is putting the money toward building out its channel, Infiot‘s primary route to market, Infiot said.