IO River
Multi-Cloud Starts at the Edge.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | $5.4m | Seed | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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IO River, accessible at ioriver.io, is a cutting-edge technology startup that focuses on enhancing the reliability, performance, and cost-efficiency of online services. The company operates in the edge computing market, which involves processing data closer to where it is generated rather than relying solely on centralized data centers. This approach helps in reducing latency (the delay before a transfer of data begins following an instruction), improving speed, and ensuring more consistent performance.
IO River serves a diverse range of clients, including businesses that rely heavily on online services and need robust, scalable, and secure solutions. These clients could range from e-commerce platforms to streaming services and any other online service providers that require high uptime and optimal performance.
The core offering of IO River is its "Virtual Edge" platform, which unifies multiple edge platforms into a single, cohesive environment. This platform integrates various Content Delivery Networks (CDNs) and provides a unified layer of security, traffic control, and serverless compute services. Essentially, it helps businesses manage their online traffic more efficiently by monitoring and rerouting it to avoid outages and performance issues. The company guarantees a 99.999% uptime, ensuring that services remain available almost all the time.
IO River's business model is based on providing these integrated services to its clients, who pay for the enhanced performance, security, and reliability that the platform offers. The company makes money through subscription fees or usage-based pricing, depending on the specific needs and scale of the client's operations.
In summary, IO River is revolutionizing the edge computing space by making it more accessible and efficient for businesses. By offering a unified platform that bridges multiple edge services, the company helps its clients achieve consistent and optimal performance worldwide.
Keywords: Edge Computing, Virtual Edge, CDN Integration, Traffic Control, Serverless Compute, Security, Uptime Guarantee, Performance Optimization, Online Services, Data Processing.