Edelbyte raises $70 million in funding, led by Sequoia Capital

Israel-based data infrastructure startup Edelbyte emerged from stealth on November 11 with $70 million in seed and Series A funding led by Sequoia Capital and Quiet Capital, with Greenoaks and Swish Ventures participating. The company's search and analytics platform aims to help enterprises control infrastructure costs amid surging AI-driven query volumes, claiming it runs AI workloads far cheaper than traditional systems and has already supported petabyte-scale deployments for Fortune 500 clients, some of which have increased query volumes tenfold on the same budget. Edelbyte was founded by a team of Microsoft veterans with over a decade each at the company, including CEO Avner Aharoni, CTO Evgeney Ryzhyk, VP of Engineering Alexander Sloutsky and VP of Platform Engineering Yoni Leibowitz. Aharoni said enterprise search and analytics systems were built for a pre-AI world and will hit their design limits as AI becomes core to business operations. The raise signals continued investor appetite for infrastructure tooling that addresses the cost and scale pressures of AI workloads; what to watch next is how quickly Edelbyte converts its Fortune 500 deployments into broader enterprise adoption.