Edelbyte Completes $45 Million Series A Financing, Valuation Reaches $500 Million

Edelbyte has completed a $45 million Series A financing round, achieving a valuation of $500 million. The financing was led by Quiet Capital, with existing investors participating, and new investors including QP Ventures, Startpoint Capital, and Cerca Partners. The company previously raised $25 million in seed funding, bringing its total funding to $70 million. Edelbyte was founded in November 2025 by four former Microsoft engineers, aiming to provide a data platform for complex query workloads in the AI era. Co-founder and CEO Avner Aharoni, CTO Evgeney Ryzhyk, VP of Engineering Alexander Sloutsky, and VP of Platform Engineering Yoni Leibowitz all worked at Microsoft for about 20 years, with Ryzhyk and Sloutsky being part of the initial team for Microsoft's internal data platform, Kusto. Edelbyte's platform integrates traditional analytics, text search, spatial queries, and AI workloads, and can be deployed in public clouds, private clouds, and on-premises environments.