Ditto, a San Francisco-based company specializing in edge-native data synchronization solutions, has raised $82 million in an oversubscribed Series B funding round, elevating its post-money valuation to $462 million. This investment, led by Top Tier Capital Partners and Acrew Capital, with participation from 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), follows a year of significant growth for Ditto, marked by a 250% increase in annual recurring revenue and a doubling of its customer base. Ditto’s platform enables applications to synchronize data in real-time without relying on central servers or constant cloud connectivity, utilizing technologies like conflict-free replicated data types (CRDTs) and peer-to-peer (P2P) mesh replication to maintain data availability and consistency across devices, even in environments with unreliable or non-existent network connections.
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The company serves a diverse clientele, including major airlines such as Delta, Lufthansa, and Japan Airlines, enhancing operational efficiency and customer experience by ensuring seamless data synchronization among crew members during flights. Additionally, Ditto has secured a substantial multi-year contract with the U.S. Air Force to develop and power the Advanced Battlefield Management System (ABMS), part of the Department of Defense’s Joint All Domain Command and Control (JADC2) effort, underscoring the strategic importance of resilient edge computing solutions in defense operations. The new funding will be used to deepen partnerships with cloud database vendors like MongoDB, expand product offerings into new markets, and scale global operations, positioning Ditto at the forefront of the edge-native revolution.