What is Qwilt?
Qwilt operates at the forefront of Edge Cloud application development, providing solutions designed to enable new business models for content and media delivery. Established in 2010, the company leverages its expertise to empower organizations to optimize their delivery networks and enhance user experiences. Qwilt's technology is crucial for businesses looking to manage and distribute digital content efficiently in an increasingly decentralized network environment, positioning them as a key player in the evolving digital infrastructure landscape.
How much funding has Qwilt raised?
Qwilt has raised a total of $135.1M across 5 funding rounds:
Series A
$9.1M
Series B
$15M
Series C
$16M
Series D
$25M
Series E
$70M
Series A (2010): $9.1M with participation from Redpoint and Accel
Series B (2011): $15M led by Marker LLC, Redpoint, and Accel
Series C (2013): $16M supported by Accel Partners, Redpoint Ventures, Bessemer Venture Partners, and Marker LLC
Series D (2015): $25M featuring Cisco Investments
Series E (2021): $70M backed by Cisco Investments
Key Investors in Qwilt
Cisco Investments
Cisco Investments is a venture capital firm founded in 1993 that provides strategic funding and portfolio development services to innovative technology companies. The firm specializes in identifying and supporting startups in areas such as cybersecurity, cloud technology, networking, and digital infrastructure.
Marker LLC
Marker LLC is a venture capital firm based in New York, NY, and Herzliya, Israel, specializing in intelligent investing and an enlightened investment model. The company focuses on identifying and supporting innovative technology companies across various sectors.
Redpoint
Redpoint Ventures was founded in 1999 and is a venture capital firm focused on investments in early growth-stage companies.
What's next for Qwilt?
With substantial enterprise-level backing, Qwilt is poised for accelerated growth and innovation. The recent strategic investment signals confidence from its investors in Qwilt's vision and market potential. This capital infusion is expected to fuel further development of its Edge Cloud solutions, expand its market reach, and strengthen its competitive position. Qwilt is likely to focus on enhancing its platform capabilities, forging new partnerships, and scaling its operations to meet the growing global demand for efficient content delivery.
See full Qwilt company page
