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Data Center News > Blog > Investments > IO River Raises $5.4M in Funding
Investments

IO River Raises $5.4M in Funding

Last updated: March 16, 2024 6:19 am
Published March 16, 2024
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IO River, a Tel Aviv, Israel-based supplier a multi-CDN-as-a-Service platform, raised $5.4M in funding.

The spherical was led by S Capital with participation from Aryeh Mergi (co-founder of XtremIO, M-Techniques and Jeeng) and Ronni Zehavi (co-founder of HiBob and Cotendo).

The corporate intends to make use of the funds to increase operations and growth efforts.

Based by Edward Tsinovoi and Michael Hakimi, IO River gives a consumer interface and API for configuring and controlling a number of edge networks, making them really feel like a single super-network. Organizations can deliver their present suppliers into it, and add further distributors with out going by way of difficult migration and configuration processes. Corporations can select which edge community to make use of for various customers, defining guidelines that optimize efficiency and value primarily based on the consumer location, sort of visitors and different components.

IO River additionally presents utility providers in a unified layer throughout a number of edge distributors, together with net utility firewall (WAF), charge limiting, visitors management and edge computing.

Commenting on the information, Edward Tsinovoi stated: “Each edge supplier has its distinctive advantages. However clients ought to have the ability to reap the benefits of the entire advantages with out being locked right into a single supplier. IO River offers organizations the most effective mix of velocity, reliability and value, multi function place in a easy, single context that lets organizations run a number of edge networks as in the event that they have been managing only one.“

FinSMEs

15/03/2024

See also  Alter Domus Receives Strategic Investment from Cinven

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TAGGED: 5.4M, Funding, Raises, River
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