Although there has been significant discussion on the web about edgeio for several weeks, the company had not formally launched until today. edgeio has formally launched the company at PC Forum in Carlsbad. There is a post on the edgeio blog with a 2 minute video clip of the infomercial that preceeded the formal presentations.The company announced $1.5m in angel funding, led by Ron Conway and including investments from:
- Dan Burstein of Millenium Technology Ventures
- Frank Caufield Jr. of Darwin Ventures
- Jeff Clavier of Softtech VC
- Ron Conway
- Auren Hoffman
- Localglobe II
- Louis Monier
- Sam Perry
- RSS Investors
- Michael Tanne
- Transcosmos Inc.
… and others not disclosed.
This is the first Archimedes company to secure funding. I (Keith Teare) will be serving as CEO of edgeio and will be discontinuing active work with Archimedes for the time being. I’m thrilled by the challenge of taking edgeio from an idea I had in late 2004, through to a funded company and a launched platform. Many thanks to all those who have helped, but especially to:
The VeriSign “real time web” team
Dave Winer, Dave Sifry, Scott Rafer, Bob Wyman, Salim Ismail, David Hornik, Louis Monier (all of whom saw the early prototype almost a year ago). And the investors who have shown confidence in me and the team.