DittoLive has filed a notice of an exempt offering of securities to raise $45,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, DittoLive is raising $45,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Adam Fish played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About DittoLive
The distributed data platform that syncs data from edge to cloud even without connectivity. Apps today typically operate under the misguided assumption that data exists solely in a single database. However, at Ditto, we recognize the truth: data is far more complex and ubiquitous than that. The proliferation of mobile and edge devices, combined with global cloud infrastructure, means that applications must now store and process data everywhere. Unfortunately, as more teams and processes move to the edge, traditional databases struggle to provide seamless and low-latency app experiences, especially in areas with limited connectivity. As app developers, our founders recognized that creating exceptional apps should focus on crafting great user interfaces rather than dealing with complex data infrastructure. This realization drove the creation of Ditto – a distributed database that enables data to be accessed anytime, anywhere, and on any device. Simply define a query and Ditto replicates data across devices via a peer-to-peer mesh, without the need for a centralized server or even an internet connection. At Ditto, we don’t just talk the talk; we walk the walk. Our entirely distributed team spans five continents, and we’ve been remote since day one in 2018. We’ve brought together a diverse group of talented individuals who embody our core values of Trust, Communication, and Continual Improvement. Our founders believe in fostering strong peer-to-peer connections, both among our employees and with our customers. And our technology is no exception.
To learn more about DittoLive, visit http://www.ditto.live/
Contact:
Adam Fish, Chief Executive Officer
646-434-8862
https://www.linkedin.com/in/adam-ditto-665b149/
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