Omnillion Raises $25 million in Series A to Expand in the Work-From-Home Era
Summary
The Toronto-based company said it will use the funding to develop more features, integrate with content delivery networks, cloud, and telecom providers, and expand its engineering teams in the U.S., Eastern Europe and India. “Our mission is to enable every developer and organization to achieve more in their business using edge computing,” said Rachel D. Zhang, co-founder and CEO of Omnillion, “We do so by providing world class solution to build real-time, low latency, and globally-distributed apps that run simultaneously across hundreds of edge or cloud regions.” The company hopes these efforts will help it acquire more enterprise clients as companies’ remote work demands have surged during the COVID-19 pandemic. “It exponentially increased the need for handling dynamic bursts of demands for application infrastructure securely and resulted in several secular and permanent shifts in cloud adoption and consumption.” Omnillion prides itself on a globally distributed NoSQL database, a low latency stream data processing engine, that enables developers to efficiently build and scale data-heavy cloud applications. In addition, it takes an average of 80 milliseconds from a user’s phone or computer to Omnillion’s edge cloud and back, a metric known as the mean roundtrip time. As more companies move away from a centralized cloud model and bring applications closer to end users, developers are looking to Omnillion for the flexibility and capability to help them run data-heavy and compute-intensive workloads that bridge global to local.