Izuma Networks Acquires Pelions Device Management Business; Receives Investment from SoftBank Group
Summary
Izuma Networks, founded earlier this year by Travis McCollum and Ed Hemphill, will focus on the market for edge computing services. McCollum and Hemphill formerly founded WigWag, an Austin-based startup acquired by Arm in 2019. Izuma Networks closed an investment by SoftBank Group which will be used to hire new talent and improve IoT services previously under Pelion Device Management, with a focus on development and dev-ops. Izuma Networks offers a globally available edge computing and Internet of Things management service. This stack allows customers to deploy applications using Kubernetes APIs and provides remote management services for operators deploying dozens to thousands of remote gateways or edge servers.
Funding
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