Former Microsoft Engineers' Startup Edelbyte Raises $70M, Valued at $500M
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Edelbyte, founded by former Microsoft engineers, has raised a total of $70 million through a $25 million Seed round led by Sequoia Capital and a $45 million Series A led by Quiet Capital. The company aims to compete with established data infrastructure firms like Snowflake and Databricks and is already serving Fortune 500 clients. This funding milestone values Edelbyte at $500 million.
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Originally published by gnews