AI data company Edelbyte closes $45 million Series A funding at a $500 million valuation

BlockBeats news, November 11: Data infrastructure company Edelbyte has completed a $45 million Series A funding round at a valuation of $500 million, led by Quiet Capital with participation from all existing investors, and new investors including QP Ventures, Startpoint Capital, and Cerca Partners. The company previously completed a $25 million seed round led by Sequoia with participation from Greenoaks and Swish Ventures, bringing cumulative funding to $70 million. Edelbyte was founded in November 2025 by four former Microsoft engineers to provide a data platform for increasingly 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 each spent about 20 years at Microsoft and have over a decade of experience working together. Among them, Ryzhyk and Sloutsky were part of the founding team of Microsoft's internal data platform Kusto, the technology that later became the foundation for products such as Azure Data Explorer. Edelbyte's platform consolidates traditional analytics, text search, spatial queries, and AI workloads on the same infrastructure and can be deployed in public clouds, private clouds, and on-premises environments.