We’re thrilled to announce that we have just closed $12 million in Series B funding, a very exciting milestone for Section.
“It is a reflection of the hard work and vision that has gone into our business from day one. It is also an indication of the future opportunity ahead of us.” - Stewart McGrath, Co-Founder & CEO
This latest financing round was led by Lumen Technologies whose mission to help facilitate the latency-sensitive, data-intensive needs of next-gen applications and emerging technologies aligns with our own to enable application providers to deliver faster and more secure digital experiences at the Edge. Two of Section’s existing investors Foundry Group and Next Frontier Capital also played a significant role in the round, as did new investor Andreas Family Office.
“Section has been a key Lumen technology partner around Edge application delivery on the Lumen Platform. Lumen and Section share a common vision that compute can and should be dynamically available anywhere digital interactions occur. We look forward to continued work together to deliver solutions that drive secure digital experiences at the Edge.” - Paul Savill, Senior Vice President, Enterprise Product Management and Services
This latest influx of investment will help propel us into the next stage of our growth as a leading Edge as a Service (EaaS) provider. We’re excited to be a key part of the ecosystem driving the enablement of edge computing forwards. Our goal as an EaaS platform is to simplify the complexities associated with distributed computing, while also providing the deep level of customization and flexibility that DevOps teams need to build more performant, secure, and scalable applications.
This past year, we have been focused on the release of several groundbreaking new technologies, including:
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Adaptive Edge Engine (patent-pending)
The Adaptive Edge Engine (AEE) intelligently and continuously tunes and reconfigures edge delivery networks to ensure edge workloads are running in optimal locations to meet real-time traffic demands.
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Node.js Edge Hosting
Section’s Node.js Edge Hosting solution empowers DevOps teams to run mission critical Node.js applications at the network edge for blazingly fast results with enterprise level AppSec protection.
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Traffic Monitor
The Section Traffic Monitor gives DevOps engineers, application owners, and business leaders an easy way to quickly visualize how traffic is flowing through their edge architecture, delivering valuable insights that transcend functional boundaries.
With the Series B funding, we intend to invest further in the pioneering work of our Edge as a Service platform, enhance our stellar team, and drive forward our mission to deliver a better Edge for Dev and Ops Engineers.
“Our mission at Section is to improve the Internet by empowering innovators with simplicity, flexibility and control at the Edge to create better digital experiences. We know the Edge is key to a better Internet versus legacy centralized cloud as end users demand faster and more secure experiences. Section helps development and operations teams access the power of the Edge with the simplicity of cloud.” - Stewart McGrath, Co-Founder & CEO of Section
