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.
- Website
- www.edgeless.systems/
Key Metrics
Founded Year
2019
Location
Bochum, Germany
Stage
Seed
Total Funding
$6.72M in 2 rounds
Latest Funding Round
Ranked
28th among 235 active competitors
Employee Count
18 as on Jul 01, 2024
Legal entities associated with Edgeless Systems
Edgeless Systems is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Edgeless Systems GmbH CIN: HRB18566 , Germany, Active | Apr 28, 2020 | - | - | |
Edgeless Systems GmbH CIN: R2201_HRB18566 , Germany, Active | Apr 29, 2020 | - | - |
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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 |
View details of Edgeless Systems's funding rounds and investors
Edgeless Systems' founders and board of directors
Founder? Claim ProfileThe founders of Edgeless Systems are Felix Schuster and Thomas Tendyck.
Here are the details of Edgeless Systems' key team members:
- Felix Schuster: Co-Founder of Edgeless Systems. Contact Info: 1 email address
- Thomas Tendyck: Co-Founder of Edgeless Systems. Contact Info: 1 email address
View details of Edgeless Systems's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of data-centric security software for preventing data theft and compliance | $51.8M | 76/100 | ||
2nd | Fortanix 2016, San Francisco (United States), Series C | Provider of data security platform leveraging confidential computing and runtime encryption | $122M | 69/100 | |
3rd | ![]() Bluefin Payment Systems 2007, Atlanta (United States), Acquired | Hosted payment gateways and PoS systems | $31M | 68/100 | |
4th | HUB Security 2017, New York City (United States), Public | Offering computing solutions | $10M | 63/100 | |
5th | Data privacy solutions based on blockchain and cryptography | $5.99M | 61/100 | ||
6th | CYSEC 2018, Lausanne (Switzerland), Series A | Cloud based platform offering data protection solutions | $7.64M | 60/100 | |
7th | Provider of digital asset custody platform | $10M | 60/100 | ||
8th | Provider of data-in-use encryption solutions for search, storage, and analytics | $16.1M | 59/100 | ||
9th | Decentriq 2019, Zurich (Switzerland), Series A | Cloud-based enterprise collaboration platform for end-to-end encryption | $25M | 59/100 | |
10th | Commvault 1996, Tinton Fall (United States), Public | Provider of data security, identity resilience, and cyber recovery platform | - | 58/100 | |
28th | Edgeless Systems 2019, Bochum (Germany), Seed | Confidential computing solutions for secure and accountable storing and processing of data | $6.72M | 44/100 |
Looking for more details on Edgeless Systems's competitors? Click here to see the top ones
Edgeless Systems's Investments and acquisitions
Edgeless Systems has made no investments or acquisitions yet.
Reports related to Edgeless Systems
Here is the latest report on Edgeless Systems's sector:
News related to Edgeless Systems
•
Edgeless Systems targets AI data privacy with launch of 'Continuum'SiliconAngle•Mar 13, 2024•Edgeless Systems
•
Edgeless Systems raises $5 million for public cloud securityTech.eu•Mar 07, 2023•Edgeless Systems, SquareOne, Fauna, Contentful and 3 others
•
Edgeless Systems wants to make public clouds the ‘safest place for sensitive data’VentureBeat•Feb 21, 2022•Edgeless Systems
•
•
Edgeless Systems Raises €1.45M in Seed FundingFinSMEs•Jun 21, 2021•Edgeless Systems, Acequia Capital, Global Inventures, SIX and 2 others
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