Armada Announces $40M in Strategic Funding Round Led by M12
11 Julio 2024 - 7:30AM
Business Wire
Armada’s products now available in the
Microsoft Azure Marketplace via separate Microsoft partnership;
Azure customers can purchase using pre-committed spend
Armada, an edge computing pioneer redefining the future of
connectivity, compute and AI, today announced a $40 million funding
round led by M12 (Microsoft's Venture Fund), raising its total to
over $100 million. This funding comes as all Armada products are
now available in the Microsoft Azure Marketplace, with Azure
customers able to use pre-committed Azure spend on Armada
products.
“This funding is a testament to the incredible progress our team
has made in revolutionizing edge computing,” said Pradeep Nair,
Founding CTO at Armada. “Our partnership with Microsoft and
presence of Armada products on the Azure marketplace will drive
significant advancements in our mission to bridge the digital
divide. We are excited about the opportunities this collaboration
brings.”
“M12 has witnessed the swift progression of edge AI
infrastructure towards practical use through years of investments.
Our interactions with the Armada team bring the signal of a new era
of comprehensive edge AI solutions," said Michael Stewart, Managing
Partner at M12. "We are confident that Armada will pioneer a
definitive guide for implementing edge AI across various
challenging sectors. They are poised to seamlessly connect edge
workloads with hyperscale cloud computing resources, enhancing the
customer’s capacity to derive value from their data, irrespective
of its origin or resting place.”
Armada’s flagship products include the Edge, a full-stack
modular datacenter solution, which brings industry-leading compute
to remote sites in a ruggedized, mobile form factor, and EdgeAI
applications, which are purpose-built for use cases on the edge to
run on-premises or in the cloud. Armada looks forward to deepening
its relationship with Azure and the Azure Marketplace across its
product suite.
Commander Connect is a comprehensive platform designed to
centralize and optimize the management of IoT assets, including
Starlink terminals, mobile data centers (Galleons) and other edge
computing resources. By leveraging Azure's robust infrastructure,
Commander Connect offers unparalleled scalability, security and
performance for enterprise-grade edge computing solutions.
“With the support of our investors, we are in a stronger
position than ever to deploy our solutions on a global scale,”
added Dan Wright, co-founder and CEO at Armada. “The integration of
Armada products with Azure enables our customers to seamlessly
enhance operational efficiency using their existing Azure
commitments. This is a game-changer for industries looking to
maximize their digital transformation efforts.”
Customers have brought Armada's technology to 43 countries,
showcasing the company’s versatile and impactful solutions. These
customers include global oil and gas conglomerates, CPG and
entertainment companies, state government agencies and more. In
addition to Armada's deep collaboration with Starlink, we have
recently signed partnerships with Halliburton, Edarat Group, Skydio
and many others to enhance offerings and distribute Armada’s
solutions globally. This global presence is a testament to Armada's
robust and scalable solutions, which can transform industries
ranging from defense and mining to healthcare and education.
To explore Armada’s offerings and get started, visit the Azure
Marketplace. To learn more about Armada or if interested in joining
the team, please visit www.armada.ai.
About Armada:
At Armada, we believe in a world where every community, no
matter how remote, has access to the transformative power of
compute, data, satellite connectivity and AI. Our mission is to
bridge the digital divide by providing resilient, secure and
scalable infrastructure with matching software components, enabling
real-time data processing and decision-making at the edge. Through
our innovative solutions, we aim to empower industries, enhance
operational efficiency, and foster global connectivity. Learn more
at www.armada.ai.
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Cole Garry SBS Comms for Armada armada@sbscomms.com