Akamai leads $38M round in Macrometa as two strike partnerships

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Edge computing cloud and global data network Macromata have raised $38 million led by Akamai Technologies, as the two announced a new partnership and product integration. The funding also included participation from Shasta Ventures and 60 Degree Capital. Akamai Labs CTO Andy Champagne will join Macrometa’s board.

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Macrometa founder and CEO Chetan Venkatesh told TechCrunch that its GDN cloud enables developers to run backend services close to users or points of presence (POPs) in mobile phones, browsers, smart devices, connected cars and edge areas. This minimizes outages because if one edge area goes down, another can take over immediately. Akamai’s Edge network, meanwhile, covers 4,200 regions around the world.

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The partnership between Macromata and Akamai means the two are combining three infrastructure pieces into a single platform for cloud developers: Akamai’s Edge Network, cloud hosting service Linode (which Akamai bought earlier this year) and Macrometa’s Global Data Network (GDN) and Edge Cloud. Akamai Edge Workers technology is now available through Macromata’s GDN console, API, and SDK, so developers can build a cloud app or API in Macromata, and then quickly deploy it to Akamai’s edge locations.

Venkatesh provided some examples of how customers can use the integration between Macromata and Akamai.

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For SaaS customers, the integration means they can see speed increases and latency improvements of between 25x to 100x for their products, resulting in lower user churn and better conversion rates for the freemium model. Enterprise customers using the combined solution can improve the performance of streaming data pipelines and real-time data analytics. They can also tackle issues of data residency and sovereignty by vaulting and tokenizing data in geo-fenced data vaults for compliance.

Meanwhile, video streaming clients can use integrations to take their platform to the edge, including authentication, content catalog rendering, personalization and content recommendations. Similarly, gaming companies can move servers closer to players and use Akamai-Macromata integration for features such as player matching, leaderboards, multi-player game lobbies, and anti-cheating features. For e-commerce players competing against Amazon, the combined solution can be used to connect and stream data from local stores and fulfillment centers, enabling faster delivery times.

Macromata will use the funds for developer education, community development, enterprise program marketing and combined customer sales with Akamai (Macromata’s products are now available through Akamai’s sales team).

In a statement about the funding and partnership, Akamai EVP and CTO Robert Blumofe said, “Developers are fundamentally changing the way they build, deploy and run enterprise applications. While velocity and scale are more important than ever, Flexibility to keep workloads is paramount now. By partnering with and investing in Macromata, Akamai is helping to build and foster a single platform that meets the evolving needs of developers and the apps they are building.”



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