Tech Company Financing Transactions
Cosmonic Funding Round
Cosmonic secured a $8.5 million Seed venture capital round on 10/25/2022. Investors included Vertex Ventures and Relentless Pursuit Partners.
Transaction Overview
Company Name
Announced On
10/25/2022
Transaction Type
Venture Equity
Amount
$8,500,000
Round
Seed
Investors
Vertex Ventures (Lead Investor) (Sik Rhee)
Proceeds Purpose
The company will use its seed funding to accelerate the development of Cosmonic's Platform-as-a-Service (PaaS), a lightweight suite of Wasm-powered tools, features, and services that radically abstract complexity from application development and management.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
4105 18th St. N
Arlington, VA 22207
USA
Arlington, VA 22207
USA
Phone
Undisclosed
Website
Email Address
Overview
Founded by open source veterans Liam Randall and Kevin Hoffman, Cosmonic is helping develop and promote wasmCloud PaaS, a universal runtime platform that enables developers to use cloud native technologies and Web Assembly to build portable, pluggable business logic that runs anywhere, including multi-cloud, multi-edge and far edge environments.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Liam Randall
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Our team works diligently to report on funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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