Ridge

Company Overview

Snapshot

Founded in February 2018 by Gigi Levy-Weiss, Jonathan Seelig, Mati Lerner, and Nir Sheffi, Ridge operates with 11–50 employees. The company has raised a total of $22 million across two funding rounds from six investors. In January 2022, Ridge secured a $12 million Series A funding round.

Business overview

Ridge, developed by Tectonic, specializes in building a scalable edge cloud. Its core technology leverages a global data center network and an intelligent routing system to enable developers to seamlessly deploy and infinitely scale applications. The company operates within the Business Software sector, focusing on enterprise solutions, software applications, cloud, and edge computing, serving global markets.

Strategic signal

In November 2024, Ridge ceased operations, indicating a significant strategic shift for the company. This development signals to investors and innovation teams a critical change in the company's trajectory and market presence, highlighting the challenges faced in the competitive edge computing landscape.

Company Intelligence Q&A

What is Ridge's primary business?

Ridge is building a scalable edge cloud, powered by its global data center network and intelligent routing system, to enable developers to deploy and scale applications seamlessly.

When was Ridge founded and by whom?

Ridge was founded in February 2018 by Gigi Levy-Weiss, Jonathan Seelig, Mati Lerner, and Nir Sheffi.

What was the company's last disclosed funding round?

In January 2022, Ridge raised a $12 million Series A funding round. The round was led by The Chartered Group and Gefen Capital.

Which investors participated in Ridge's August 2021 funding round?

In August 2021, Ridge received funding from The Chartered Group and Gefen Capital, among others.

What is the current operational status of Ridge?

Ridge is currently non-active, having ceased operations in November 2024.