Microsoft Azure: Armada secures equity funding from Microsoft

Edge computing firm Armada has closed $40 million in funding led by M12, Microsoft’s venture fund. As part of the deal, Armada’s offerings will be made available on the Azure Marketplace.

“This investment propels our total funding to over $100m and marks a significant milestone in our journey to bring AI to the Edge and bridge the digital divide,” Armada said. The company added being on Marketplace would allow Azure customers “to use pre-committed spend" on Armada’s solutions and make its technology "more accessible than ever.”

“M12 has witnessed the swift progression of Edge AI infrastructure towards practical use through years of investments. Our interactions with the Armada team bring the signal of a new era of comprehensive Edge AI solutions," said Michael Stewart, managing partner at M12. "We are confident that Armada will pioneer a definitive guide for implementing Edge AI across various challenging sectors. They are poised to seamlessly connect Edge workloads with hyperscale cloud computing resources, enhancing the customer’s capacity to derive value from their data, irrespective of its origin or resting place.”