Tech Company Financing Transactions
Sunlight Funding Round
Sunlight, based in Cambridge, secured $20 million in investment from Open Ocean Capital, Robert Bosch Venture Capital and Valedor Partners.
Transaction Overview
Company Name
Announced On
1/26/2023
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Proceeds Purpose
Funds will be used to enhance the US-focused commercial growth, and, concurrent with this funding round, Sunlight is also announcing the appointment of Tom Flink, as CEO. Tom is an experienced deeptech advisor and leader, who formerly held executive roles at Citrix Systems, RES Software, Forcepoint, and Instart Logic. Additionally, Sunlight will use the funds to scale Sunlight's cloud-like Edge-as-a-Service infrastructure platform, with channel partners including Lenovo and Avnet Integrated.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
Sheraton House Castle Park
Cambridge, CB3 OAX
UK
Cambridge, CB3 OAX
UK
Phone
Undisclosed
Website
Email Address
Overview
We're building the world's thinnest, fastest edge-to-core hyperconverged platform. Datacenter hyperconverged stacks eat up memory and CPU resources, making it impossible to deploy on small edge servers. According to ESG, Sunlight is approximately 81% more CPU efficient and 98% more RAM efficient than industry leading hyperconverged infrastructure (HCI) solutions - and it runs on both x86 and Arm CPUs. This means you can get all the benefits of hyperconverged on small edge servers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tom Flink
Chief Operating Officer
Andy Brewerton
Chief Technical Officer
Julian Chesterfield
VP - Engineering
Athanasios Zografos
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