Catch up on the latest news coming out of the Seattle tech scene that includes new funding and an acquisition. This is the Built In Seattle weekly refresh.
Edge Delta gained $63M. Edge Delta raised a Series B funding round led by Quiet Capital and with new investors participating. Edge Delta is an observability platform giving organizations easy access to datasets. The new funding will go toward company growth. [PR Newswire]
AccelByte raised $60M. Founded in 2016, AccelByte is a software company that provides backend tools for video game developers. The company raised a Series B round led by SoftBank Vision Fund 2 that will go toward increasing its product and engineering teams. [Built In Seattle]
SEATTLE TECH QUOTE OF THE WEEK
Snap! Mobile acquired CNXT Digital. Snap! Mobile, the parent company of the Snap! Raise funding platform, announced the acquisition of CNXT Digital, which is composed of two software entities: 8to18 and SchoolCNXT. The amount of the acquisition has not been disclosed. Snap! Mobile said the acquisition will help the company expand on its solutions within high schools. [Built In Seattle]
Possible raised $20M. Possible Finance is a fintech company aiming to provide equal access to healthy finances with a number of services including its unsecured credit card, Possible Card. The company received $20 million in a funding round that will allow the company to expand its reach and add more to the team. Several roles are currently available across teams. [Built In Seattle]
