Ditto, a company that’s setting out to bring “resilient” connectivity to edge devices, has raised $82 million in a Series B round of funding at a post-money valuation of $462 million — more than double its Series A valuation from 2023. “Edge,” in the context of Ditto’s industry, refers to a distributed computing model that […] © 2024 TechCrunch. All rights reserved. For personal use only.
Ditto raised $82 million in Series B funding at a $462 million post-money valuation to synchronize data from edge devices to the cloud, bypassing physical edge servers by using existing hardware like smartphones. Its embeddable SDK creates ad-hoc mesh networks allowing apps to communicate independently. Ditto's customer count has doubled and ARR increased by 250% in the past year, with customers including Delta, Japan Airlines, and Lufthansa.
