Total amount raised
$136 Millions
Latest funding date
3/1/2025
Location
Ditto has successfully raised significant capital through multiple funding rounds, including a notable $82 million Series B round. The company specializes in resilient edge device connectivity, offering solutions that enable applications to store, sync, and process data anywhere.
Keep reading to explore the intricacies of Ditto's fundraising journey and the investors backing this innovative platform.
What Is Ditto?
Founded in 2018, Ditto is based in San Francisco, California. The company specializes in resilient edge device connectivity solutions, offering an edge-native, mobile database designed to maintain consistent operations across various network conditions.
Ditto was founded by Adam Fish and Max Alexander. The platform enables applications to store, sync, and process data anywhere, catering to industries like aviation, industrial operations, and restaurants.
With a team of 51-100 employees, Ditto continues to innovate in the field of edge-sync technology, providing real-time data synchronization through peer-to-peer and mesh networking.
How Much Funding Has Ditto Raised?
- Seed Round
- Amount Raised: $9M
- Date: November 2021
- Lead Investors: Amity Ventures, True Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the initial development and scaling of Ditto's edge-sync technology.
- Series A
- Amount Raised: $45M
- Date: April 2023
- Lead Investors: Acrew Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand Ditto's market reach and enhance its technology offerings.
- Series B
- Amount Raised: $82M
- Date: March 2025
- Lead Investors: Acrew Capital, Top Tier Capital Partners
- Valuation at Round: $462M
- Motivation Behind the Round: To enhance edge-native solutions, strengthen partnerships, and expand the ecosystem of cloud database partnerships.
Total Amount Raised: $136M. Current Valuation: $462M.
Key Investors
- Acrew Capital
- Details: Acrew Capital is a venture capital firm that focuses on early-stage investments. They have a strong track record of supporting technology companies.
- Investment Focus Areas: Technology, Fintech, Cybersecurity
- Notable Investments: Chime, Exabeam, Pie Insurance
- Top Tier Capital Partners
- Details: Top Tier Capital Partners is a venture capital firm that invests in venture capital funds and co-invests in select portfolio companies. They are known for their strategic approach to growth-stage investments.
- Investment Focus Areas: Venture Capital Funds, Growth-Stage Companies, Technology
- Notable Investments: Not publicly disclosed
- Amity Ventures
- Details: Amity Ventures is a venture capital firm that focuses on early-stage technology companies. They aim to support innovative startups with high growth potential.
- Investment Focus Areas: Technology, SaaS, Enterprise Software
- Notable Investments: Not publicly disclosed
- True Ventures
- Details: True Ventures is a venture capital firm that specializes in early-stage investments. They are committed to helping entrepreneurs build lasting companies.
- Investment Focus Areas: Technology, Consumer Products, Health and Wellness
- Notable Investments: Peloton, Fitbit, Blue Bottle Coffee
- US Innovative Technology Fund
- Details: The US Innovative Technology Fund (USIT) is a venture capital fund led by Thomas Tull. They focus on investing in groundbreaking technologies.
- Investment Focus Areas: Technology, Defense, Healthcare
- Notable Investments: Not publicly disclosed
What's Next for Ditto?
Ditto's future looks promising with significant opportunities on the horizon. The company aims to enhance its edge-native solutions and deepen partnerships with cloud database vendors like MongoDB. This expansion into new markets and tech hubs, such as their new office in Atlanta, positions Ditto to support businesses transitioning to edge-native architectures and collaborate with government and national security partners.
Given the $82 million raised in Series B funding and a $950 million contract with the US Air Force, Ditto is well-placed for future fundraising rounds. These funds will likely be used to scale operations globally and attract more venture capital. However, Ditto will need to navigate challenges such as competition, rapid technological advancements, and maintaining robust security and reliability in their solutions.
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