Ditto Doubles Down on Edge Computing, Raises Monster Round
Ditto just raised $82 million to turn your smartphone into a mini data center. The San Francisco startup helps companies ditch expensive edge servers by transforming everyday devices into data-processing powerhouses.
The company's secret sauce? It lets apps talk directly to each other using built-in Bluetooth and Wi-Fi, creating mesh networks that work even when the internet doesn't. Delta Airlines already uses Ditto to keep flight attendants connected at 30,000 feet – because apparently, cloud computing hits turbulence too.
CEO Adam Fish claims their software-first approach beats traditional hardware solutions hands down. "We replace hardware with software – a no-brainer choice," he says. The market seems to agree: Ditto's customer base doubled last year, and revenue shot up 250%.
The U.S. Air Force loves it too, handing Ditto a $950 million contract in 2022. Turns out, military operations don't always have the luxury of perfect Wi-Fi coverage. Who knew?
The Series B round values Ditto at $462 million, more than double its previous valuation. Top Tier Capital Partners and Acrew Capital led the investment, joining a crew of venture firms betting big on edge computing's future.
Why this matters:
- Traditional edge computing required expensive servers and on-site tech support. Ditto just killed that model by turning the devices you already own into edge computers.
- As AI applications demand faster processing and better privacy, Ditto's approach could become the new normal. Because sometimes, the best server is the one already in your pocket.
Read on, my dear:
