Software development startup Cosmonic announces $8.5M in seed funding | ARLnow.com

Funding Rounds

Summary

“We are on a mission to bring back joy to the art of developing cloud-native software,” said co-founder and CEO Liam Randall in a press release. Randall tells ARLnow he got the idea to found the company after he helped build this new platform while working as the vice president of innovation for Capital One in Tysons. “Capital One was wonderful because it gave me insight into the complexities of operating thousands of applications over long periods — and we built an open-source platform called wasmCloud to help solve those,” he said. “The funding will enable us to support developers working in early-stage, rapid and interactive environments — allowing them to transform applications from napkin sketch to scale in minutes,” he said in the statement. “As it transcends our current method of deploying applications into a single cloud, we wanted to convey the vastness of space — Cosmonic was designed around quickly enabling secure distributed software,” he said.

$ Funding

$
Amount - Total raised
Date - Announcement date
Investors Ozie Group LLC, Assentive Solutions Lead investors
Company - Funded company

Classifications

industries
No industries detected
applications
No applications detected

AskAI Classifications

Labels
No AI classifications detected

Linked Companies