Vendia,
a serverless, distributed data and code sharing platform, announced a
$15.5M Series A funding round and launched Vendia Share with a free tier for
developers. The Series A round, which comes only six months after its initial
$5.1M seed round, was led by Canvas Ventures, with participation from BMW i
Ventures, Sorenson Ventures, and Vendia's seed stage investors.
Data silos are pervasive
within companies, and sharing that data in real time with external partners is
even more difficult. Vendia makes sharing real time data and code with partners
easy and well-governed, at any scale, by bringing serverless and distributed
ledger concepts together into a simple, schema-driven development approach.
Customers such as BMW, Best Friends Animal Society, United Natural Foods, Inc.,
and a leading travel industry company use Vendia to build solutions spanning
multi-party supply chains, logistics tracking, financial settlements, and to share
data that powers AI/ML, Edge, and Internet of Things applications with
compliance and control.
Getting started with Vendia
is easy and a one week proof-of-value can demonstrate the ease with which a
custom data model can be turned into a production-grade, multi-party solution.
Share and Verify Data
Across Parties and Accounts with Vendia Share
Vendia is opening its
powerful data and code sharing platform to all developers today at no cost,
making multi-region, multi-account, multi-owner distributed applications on AWS
as quick and easy as creating a new database table. Developers can use Vendia
Share to build applications that allow multiple clients to query, update, and
share data in real time with transactional semantics, even when they span accounts,
regions, owners, or technology stacks.
Vendia Share further
simplifies application development with built-in support for web and mobile
applications through automatically generated GraphQL APIs, fine-grained
authorization and identity solutions out of the box, and code-free integration
support for AWS Lambda, Amazon SQS, Amazon S3, and other cloud services. To
start building modern applications now, visit www.vendia.net/developers.
Vendia was founded by Dr.
Tim Wagner, formerly General Manager and creator of Lambda at AWS, and Shruthi
Rao, formerly Head of Business Development for Blockchain at AWS. With its
Series A investment, Vendia is now fast tracking its go-to-market strategies,
opening new sales channels, and growing its engineering teams to expand the
Vendia platform to additional cloud service providers, including Microsoft
Azure and Google Cloud.
"Developers have
struggled to build applications that can span multiple regions and
accounts and that can keep application data consistent, versioned, and
well governed over time. With this latest round, we're looking forward to
accelerating the development of the Vendia platform and growing our
engineering team to give developers and customers an effortless way to
share data across multiple parties with fine-grained control and a single
source of truth." --
Tim Wagner, CEO and
Cofounder, Vendia