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Chetan Venkatesh;; the cofounder and CEO of Palo Alto-based edge computing startup Macrometa;; told Insider last October that the company's $7 million seed round positioned it to be \"the Snowflake of the edge.\" Edge computing;; the notion of putting cloud computing resources closer to customers' devices or locations for better performance;; is currently one of the industry's hottest areas. Combined with the ongoing rollout of 5G networks;; which will enable faster speeds with lower latency;; edge computing is expected to bring technologies like augmented reality goggles and autonomous vehicles closer to the mainstream than ever before. Now;; with an infusion of $20 million in Series A funding raised only eight months after its seed round;; Venkatesh told Insider that Macrometa is setting its sights higher — with ambitions to become the \"fourth cloud titan;;\" following in the footsteps of leading cloud giants Amazon Web Services;; Microsoft Azure;; and Google Cloud. The Series A;; announced on Tuesday;; was led by Pelion Venture Partners;; with participation from existing investors DNX Ventures;; Benhamou Global Ventures;; Partech Partners;; Fusion Fund;; Sway Ventures;; and Shasta Ventures. This latest round brings Macrometa's total funding to $29 million. You can read the pitch deck Macrometa used for investors to raise its Series A round;; as well as a deck sent to existing investors at the time of the raise;; below. Founded in 2017 by Venkatesh and cofounder Durga Gokina;; Macrometa helps customers ensure their data and applications are as close to their endpoints as possible. It has a network of 175 data center sites to make that happen;; and Venktaesh says the startup is seeing more interest from developers who are looking ahead of the curve when it comes to building edge-native applications. \"True edge development happens on edge-native architectures that are designed for the next ten years;;\" Venkatesh said. \"We're seeing a lot of exciting developer adoption;; advocacy from customers;; as well as users online;; who are starting to appreciate how differentiated and powerful this platform is.\" Being a \"cloud titan\" in Venkatesh's mind doesn't mean competing directly against the Big Three. Instead;; he hopes the startup's platform will be \"the first bump in the wire;; whenever data goes to the cloud where it gets processed.\" Indeed;; edge computing is a growing opportunity that analysts like IDC's Patrick Filkins say more and more startups will go after: filling specialized edge platform gaps the Big Three have yet to fill. \"We are seeing smaller startups who specialize in edge platform enablement;;\" Filkins told Insider. \"AWS probably could do that;; Azure could do that;; but you are absolutely some startups come in and say 'Hey;; we'll solve what doesn't exist.\" Macrometa currently has partnerships with telecommunications operators and content delivery network (CDN) providers like Cloudflare;; but has yet to land formal partnerships with Amazon;; Microsoft;; and Google's clouds;; which are critical to its vision. \"We've got a very interesting frenemy relationship with all of them right now;;\" Venkatesh said;; \"but they're starting to see that we're a value-add;; not a value-subtract;; from how they go to business.\" Still;; it was through partnerships like Cloudflare that Macrometa saw a surge in customer demand over the past year;; Venkatesh said;; spurring the startup to raise its next round so soon after its first. 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