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Edgeless Systems - About the company

Edgeless Systems is a seed company based in Bochum (Germany), founded in 2019 by Felix Schuster and Thomas Tendyck. It operates as a Confidential computing solutions for secure and accountable storing and processing of data. Edgeless Systems has raised $6.72M in funding from investors like SIX, Inventures and Acequia Capital. The company has 235 active competitors, including 49 funded and 20 that have exited. Its top competitors include companies like Seclore, Fortanix and Bluefin Payment Systems.

Company Details

Confidential computing solutions for secure and accountable storing and processing of data. The company's offerings include Edgeless DB, an end-to-end encrypted SQL database, Edgeless RT to build computing apps, and Edgeless Mesh, a service mesh for computing.
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Key Metrics
Founded Year
2019
Location
Bochum, Germany
Stage
Seed
Total Funding
$6.72M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
18 as on Jul 01, 2024
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Edgeless Systems's funding and investors

Edgeless Systems has raised a total funding of $6.72M over 2 rounds. Its first funding round was on Jun 21, 2021. Its latest funding round was a Seed round on Mar 07, 2023 for $*****. 4 investors participated in its latest round. Edgeless Systems has 8 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Edgeless Systems:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 07, 2023
8818998
Seed
9785694
1493336
6027192
3797755
Jun 21, 2021
5789575
Seed
9112211
1809856
9101612
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Edgeless Systems' founders and board of directors

Founder? Claim Profile
The founders of Edgeless Systems are Felix Schuster and Thomas Tendyck.
Here are the details of Edgeless Systems' key team members:

Edgeless Systems' employee count trend

Edgeless Systems has 18 employees as of Jul 24. Here is Edgeless Systems's employee count trend over the years:
Employee count trend for Edgeless Systems
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Edgeless Systems's Competitors and alternates

Top competitors of Edgeless Systems include Seclore, Fortanix and Bluefin Payment Systems. Here is the list of Top 10 competitors of Edgeless Systems, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Seclore
Seclore
2008, Mumbai (India), Series D
Provider of data-centric security software for preventing data theft and compliance
$51.8M
76/100
2nd
Logo for Fortanix
Fortanix
2016, San Francisco (United States), Series C
Provider of data security platform leveraging confidential computing and runtime encryption
$122M
69/100
3rd
Logo for Bluefin Payment Systems
Bluefin Payment Systems
2007, Atlanta (United States), Acquired
Hosted payment gateways and PoS systems
$31M
68/100
4th
Logo for HUB Security
HUB Security
2017, New York City (United States), Public
Offering computing solutions
$10M
63/100
5th
Logo for Cosmian
Cosmian
2018, Paris (France), Acquired
Data privacy solutions based on blockchain and cryptography
$5.99M
61/100
6th
Logo for CYSEC
CYSEC
2018, Lausanne (Switzerland), Series A
Cloud based platform offering data protection solutions
$7.64M
60/100
7th
Logo for GK8
GK8
2018, Tel Aviv (Israel), Acquired
Provider of digital asset custody platform
$10M
60/100
8th
Logo for Vaultree
Vaultree
2020, Cork (Ireland), Series A
Provider of data-in-use encryption solutions for search, storage, and analytics
$16.1M
59/100
9th
Logo for Decentriq
Decentriq
2019, Zurich (Switzerland), Series A
Cloud-based enterprise collaboration platform for end-to-end encryption
$25M
59/100
10th
Logo for Commvault
Commvault
1996, Tinton Fall (United States), Public
Provider of data security, identity resilience, and cyber recovery platform
-
58/100
28th
Logo for Edgeless Systems
Edgeless Systems
2019, Bochum (Germany), Seed
Confidential computing solutions for secure and accountable storing and processing of data
$6.72M
44/100
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Edgeless Systems's Investments and acquisitions

Edgeless Systems has made no investments or acquisitions yet.

Reports related to Edgeless Systems

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News related to Edgeless Systems

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