Ditto Raises $45M in Series A Funding
Summary
The company intends to use the funds to grow its sales and marketing functions and to accelerate the technology roadmap, expanding to more platforms like IoT. This allows applications to process and communicate data where it is generated, circumventing the necessity of a central server and providing resiliency and low-latency capabilities. By installing its Small Peer SDK into applications, developers can use APIs to read and write data and automatically sync any changes to other devices. With the Ditto Platform, an app will continue to operate in offline situations, and data can be shared without latency, resiliency, or security issues. The company’s technology is used in a range of industries including aviation, defense, point-of-sale, emergency, agriculture, healthcare, factory and warehouses, retail, and hospitality, where seamless connectivity and real-time data sharing are essential, regardless of internet availability.
Funding
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