Telefonica’s Wayra venture arm has invested in Nearby Computing, a Spanish edge computing and automation startup. The €6.5 million Series A round lays the groundwork for Nearby Computing to target the Open Gateway market opportunity. Akamai, a CDN provider that is expanding into other network services, and two venture capital firms, Walter Ventures and JME, were also part of the new round. Existing investors Cellnex Telecom, Lenovo, and Redeia Group, have all committed to follow-on investments too. The network automation trend is of great interest to the industry, owing to the growing complexity of the 5G RAN footprint. To cope with this, MNOs will rely increasingly on software that acts without human intervention. Unsurprisingly, ‘AI’ is the term that gets…