Edge Delta, a Seattle-based analytics platform, has collected $3m in its Seed round led by MaC Venture Capital and Amity Ventures.
The company uses distributed analytics to identify and remediate potential DevOps and security incidents. Its technology uses data science closest to where the data is created, pre-processing the information before it is centralised. This enables the technology to no longer need to transmit potentially sensitive raw data to gather insights on their production systems.
This enables teal-time anomaly detection with predictive analytics to support enterprises uptime, performance and availability of its systems. The technology helps clients deploy sophisticated monitoring and adhere to compliance standards around data and security.
Edge Delta founder and CEO Ozan Unlu said, “After having worked with hundreds of Mid-Market and Enterprise companies, it was obvious that the limitations of centralized analytics have many engineering organizations at a breaking point. Higher levels of sophistication are being requested and privacy and security requirements are ever increasing- Edge Delta is positioned to fill this immediate need for our customers.”
Last year, Amity Ventures participated in the $24m Series B round of Virsec. The startup maps acceptable application execution and instantly detects deviations caused by attacks.
The cybersecurity sector has maintained a decent share of the deal activity within the RegTech sector, RegTech Analyst data shows. Last year, the sector represented 20.9 per cent of all RegTech deals, making it the largest share.
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