Ditto raises $45M to help companies keep their data in sync

Many apps today assume that data lives in only one location, typically a single cloud database. But the reality is more complex. Thanks to the proliferation of mobile devices and cloud infrastructure — the latter of which accelerated during the pandemic — apps now need to store and process data in more places, from the edge to the public cloud.

That’s what drove Adam Fish and Max Alexander to found Ditto, which emerged from stealth today with $45 million in Series A funding led by Acrew Capital with participation from U.S. Innovative Technology Fund (USIT), True Ventures and Amity Ventures. Ditto provides a distributed database that runs “practically anywhere,” according to Fish and Alexander, enabling data distribution even in areas with limited or poor internet connectivity.

“The pandemic exposed critical vulnerabilities in traditional network infrastructure, prompting a surge in demand for conta...

Read Entire Article

© 2024 Thiratti. All rights reserved.