Edelbyte raises $70M to build data analytics for AI agents
Israeli startup Edelbyte has raised $70 million in seed and Series A funding led by Sequoia and Quiet Capital, with Greenoaks and Swish Ventures, to build a big data analytics engine for AI agents, Blocks & Files reports.
Edelbyte argues agents ask more questions, in less predictable ways and across more data than people do. Its platform combines search, analytical queries, vector, graph and geospatial data in one engine, aims for answers in under 100 milliseconds at the scale of hundreds of petabytes, and charges $0.01 per gigabyte ingested. It can run on premises or in any cloud. The four founders worked on Microsoft's Azure Data Explorer, and the company is working with four early Fortune 500 class customers.
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