Edgeless Systems: Raises €1.45M in Seed Funding

Edgeless Systems Raises €1.45M in Seed Funding

• Edgeless Systems, a Bochum, Germany-based provider of an open-source stack for confidential computing, raised €1.45M in seed funding
• Backers included Acequia Capital (US), Inventures (DE), SIX Group AG (CH), Venture Creator (DE), and individual angel investors
• The company intends to use the funds to expand the 12-member team on both cengineering and business site and expand its office capacities in Bochum and remotely
• The company is a cybersecurity startup which aims to build the open-source software stack for cloud-native confidential computing
• With the software, everyone can run cloud apps and do computing as normal, while everything stays encrypted
• The Marblerun framework enables engineers to manage and scale confidential apps in the cloud