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Enterprise Infrastructure Series A Founded 2020

Avassa

Avassa provides an edge computing platform for application management and operations, enabling enterprises to remotely deploy, monitor, observe, and secure on-site edge workloads at scale. The platform consists of two core components: Control Tower, a centralized management interface for deploying and managing applications across distributed edge sites; and Edge Enforcer, a container-based agent that manages local…

📍 Stockholm, Sweden · Cloud Infrastructure,

Funding snapshot

Last roundSeries A
Amount$7M
Date1 October 2024
Total raised$7M
Team size24

About

Avassa provides an edge computing platform for application management and operations, enabling enterprises to remotely deploy, monitor, observe, and secure on-site edge workloads at scale. The platform consists of two core components: Control Tower, a centralized management interface for deploying and managing applications across distributed edge sites; and Edge Enforcer, a container-based agent that manages local container runtime on hosts with automated zero-trust architecture. Avassa supports both containerized applications and virtual machines, bridging legacy and modern workloads. The platform is built with application-centric operations at the forefront, offering distributed log queries, health checks, and observability across all edge locations. Avassa serves multiple industries including retail (with H&M Group as a flagship customer for in-store IT infrastructure redesign), industrial and manufacturing, multi-unit restaurants and QSR, 5G and telecom, and robotics. The platform enables enterprises to extend cloud-native application management patterns to edge environments where connectivity is not guaranteed, supporting Physical AI and edge AI model deployment. Recognized as a Gartner Cool Vendor in Edge Computing, Avassa is based on zero-trust security with a layered model across sites and tenants. Founded in 2020 and headquartered in Stockholm, Sweden, Avassa has raised $7.0M in Series A funding from investors including H&M Group Ventures, Fairpoint Capital, and Industrifonden.

Business model

IT Operations > ITOM > Cloud Management,

Cloud Infrastructure > Cloud Governance Platform > Management,

PaaS > Technology Platform > IoT,

Edge Computing > Edge Application Development > Distributed Applications Management

Institutional investors

H&M Group Ventures Fairpoint Capital Industrifonden

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