An Edge Compute Network (“ECN”) may provide compute devices with configurable compute resources at different network edges for selective localized and low latency execution of user-defined operations. A user may provide a set of operations in any of several supported programming languages, and the ECN may create an executable environment that can execute the set of operations using the compute resources of any ECN compute device. A function manager for a compute device may selectively initialize, based on requests to execute the set of operations and an initialization policy, the executable environment so that the set of operations can be directly executed using the compute resources of that compute device upon request. The function manager may also selectively remove initialized executable environments based on compute device resource utilization, executable environment usage, and a removal policy.