Ridge

Edge Computing Metacloud

Business Software
Non Active, Nov 2024 ceased to operate
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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 raised $22 million across 2 funding rounds from 6 investors. In November 2024, Ridge ceased to operate.

Business overview

Ridge is an Israeli startup that provides global cloud services, focusing on edge computing metacloud solutions. The company's core product is a scalable edge cloud optimized for Kubernetes-based architectures, designed to enhance application performance and ensure global data sovereignty. Ridge's platform is built upon existing infrastructure across hundreds of data centers worldwide, offering managed services on top of existing IaaS platforms. It serves developers by enabling seamless deployment and scalable applications, catering to the growing need for infrastructure to support cloud-native, latency-sensitive applications in various industries.

Strategic signal

In November 2024, Ridge ceased to operate. This event signals a significant and negative inflection point for the company, indicating a complete halt to its operations and business activities. For investors and innovation teams, this means the company is no longer a viable entity for investment or partnership, and any prior growth signals are superseded by this operational closure.

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Company Intelligence Q&A

What is the current operational status of Ridge?
Ridge ceased to operate in November 2024.
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 Ridge's last known funding round?
The round included investments from The Chartered Group and Gefen Capital.
What was the total capital raised by Ridge?
Ridge raised a total of $22 million across two funding rounds.
What kind of partnerships did Ridge establish?
Ridge established partnerships with data centers such as NTT, INAP, and T-Systems to build its global computing platform.
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