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Ditto Lands $82 Million to Pioneer the Edge-Native Revolution

Ditto Lands $82 Million to Pioneer the Edge-Native Revolution

March 19, 2025 Craig Etkin

Latest round, led by Acrew Capital & Top Tier Capital Partners, follows year of 250% growth in ARR

SAN FRANCISCO–(BUSINESS WIRE)–Ditto, the only mobile database with built-in edge device connectivity and resiliency, announced it has raised $82 million in an oversubscribed Series B funding round. The round brings Ditto’s post-money valuation to $462 million. The latest round, led by Top Tier Capital Partners and Acrew Capital, also included participation from existing and new investors, including Thomas Tull’s U.S. Innovative Technology Fund (USIT), True Ventures, Amity Ventures, Fundrise, Friends & Family Capital, Advance Venture Partners, and Internet Initiative Japan (IIJ).

Ditto’s Series B round – raised at more than double its 2023 Series A valuation – will fund further innovation and growth. Since last year, annual recurring revenue (ARR) has increased by 250%, and customer count has doubled. Adding to the momentum, Ditto just secured its largest government contract to date – a sizable, multi-year contract with the U.S. Air Force.

“True generational solutions are rare, but I believe Ditto has built one. They recognized a widespread enterprise challenge – unreliable connectivity for deskless workers and edge devices has been limiting advances in edge computing,” said Om Malik of True Ventures. “Their incredible growth is proof of the game-changing impact Ditto’s edge-native architecture has on major enterprises.”

Ditto’s Mission

With billions of edge devices and deskless workers driving operations and revenue, businesses are hitting the limits of what traditional cloud architectures can offer. Trusted by Chick-fil-A, Delta, Lufthansa, Japan Airlines, and more, Ditto is pioneering the edge-native revolution, transforming how businesses connect, sync, and operate at the edge. By eliminating hardware dependencies, Ditto’s software-driven networking is enabling businesses to build faster, more resilient systems that thrive at the edge – no Wi-Fi, servers, or cloud required.

“We set out to eliminate unpredictable connectivity at the edge, and that’s what we’re able to provide to our customers. We are pleased our existing and new investors recognize our growth and the tremendous potential of our market space,” said Adam Fish, CEO and Co-Founder of Ditto. “Edge computing is the next major platform shift for the modern enterprise. Technology like this maximizes the capabilities of modern devices to open up new possibilities – especially in scenarios where network connections are unreliable or non-existent.”

Fueling Growth

Ditto will use this investment to deepen its partnerships with MongoDB and other cloud database vendors, expand its product offerings into new markets, and scale operations globally.

“We are redefining edge application development, facilitating business and battlefield operations in connectivity-compromised environments. Our solutions reduce the total cost of ownership of edge applications, enhance reliability, and drive productivity for our customers,” said Nicholas Allen, Head of Finance at Ditto. “These are all crucial aspects of value delivery, with AI leading a broader shift toward edge computing and driving real-time processing closer to where data is generated.”

About DittoLive Incorporated

Ditto is the only mobile database with built-in edge device connectivity and resiliency, enabling apps to synchronize without relying on a central server or constant cloud connectivity. Through the use of CRDTs and P2P mesh replication, Ditto allows you to build collaborative, resilient applications where data is always available and up-to-date for every user. This allows you to keep mission-critical systems online when it matters most. Ditto uses an edge-native architecture, meaning your app remains fully functional even offline. Devices running Ditto apps can discover and communicate with each other directly, forming an ad-hoc mesh network rather than routing everything through a cloud server. The platform automatically handles the complexity of discovery and connectivity using whatever channels are available – for example, Bluetooth, peer-to-peer Wi-Fi, or local LAN – to find nearby devices and sync data with them.

Founded in 2018 and headquartered in San Francisco, Calif., Ditto has secured investments from Acrew Capital, Thomas Tull’s USIT Fund, True Ventures, Amity Ventures, Top Tier Capital Partners, Fundrise, Friends & Family Capital, Advance Venture Partners, and IIJ. For more information, visit https://www.ditto.com/.

Contacts

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Carly.Stonehouse@allisonworldwide.com

(c)2025 Business Wire, Inc., All rights reserved.


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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

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Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

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In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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