Showing posts with label Start-ups. Show all posts
Showing posts with label Start-ups. Show all posts

Thursday, October 19, 2017

Intel Capital invests $60M in 15 start-ups

Intel Capital announced new investments in 15 start-ups from the United States, Canada, China, Israel and Japan. The investments total more than $60 million. Areas of focus for these ventures include artificial intelligence, cybersecurity and autonomous machines.

Intel noted that this latest group of new portfolio companies brings its year-to-date investing to more than $566 million.


Analyzing Data
Amenity Analytics -- a text analytics platform that allows customers to identify actionable signals from unstructured data. (New York, New York)
Bigstream -- provides hyper-acceleration technology that delivers orders of magnitude performance gains for Apache Spark using hardware and software accelerators.  (Mountain View, California) 
LeapMind -- makes learning with deep neural networks “small and compact” for easy use in any environment.  (Tokyo, Japan) 
Synthego -- is a leading provider of genome engineering solutions. The company’s product portfolio includes software and synthetic RNA kits designed for CRISPR genome editing and research.  (Redwood City, California) 
Capturing Data
AdHawk Microsystems -- developed a camera-free eye tracking system that enables truly mobile data capture and paves the way for a new generation of highly immersive AR/VR experiences.  (Kitchener, Ontario, Canada) 
Trace -- a sports artificial intelligence company working in the domains of soccer, mountain sports and water sports.  (Los Angeles, California)  
Bossa Nova Robotics --  autonomous service robots for the global retail industry (San Francisco, California) 
EchoPixel --  develops 3D medical visualization software (Mountain View, California) 
Managing Data
Horizon Robotics -- provides integrated and open embedded artificial intelligence solutions of high performance, low power and low cost.  (
Reniac -- solves IO bottlenecks resulting in latency reduction and increased throughput for critical workloads in public cloud, hybrid and on-premise data centers without software changes to existing applications. The company’s Distributed Data Engine is architected to benefit databases, file systems, networking and storage solutions while freeing more CPU resources to creating business value.  (Mountain View, California) 
TileDB Inc -- a novel system for managing massive, multidimensional array data that frequently arise from scientific applications.  (Cambridge, Massachusetts) 
Securing Data
Alcide --  a network security platform for any combination of container, VM and bare metal data centers operated by multiple orchestration systems. (Tel Aviv, Israel) 
Eclypsium --  provides technology that helps organizations defend their systems against firmware, hardware and supply chain attacks. The company offers organizations improved visibility for monitoring systems in their infrastructure for firmware threats and supply chain compromise, detection of firmware vulnerabilities, and improved firmware update management in endpoint systems and servers. (Portland, Oregon) 
Intezer  -- develops cybersecurity solutions that apply biological immune system concepts to the cyberspace, creating the world’s first “Code Genome Database,” by mapping billions of small fragments of malicious and trusted software. (Tel Aviv, Israel) 
Synack --  provides customers a scalable, continuous, hacker-powered testing platform that uncovers security vulnerabilities that often remain undetected by traditional penetration testers and scanners.  (Redwood City, California)

Intezer raises $8M for malware analysis

Intezer, a start-up based in San Francisco and Tel Aviv, Israel, announced $8 million in series A funding for its malware analysis and detection solution.

The funding round was led by Intel Capital with co-investors Magma and Samung NEXT. This round will be used to expand the company's global sales efforts and open new opportunities in targeted markets.

Intezer said its approach to cyber security is to replicate the concepts of the biological immune system. The idea is to map and identifying the DNA of every single piece of code within seconds. The company has demonstrated the effectiveness by detecting code similarities in the latest high profile attacks such as WannaCry, Turla and NotPetya.

“Intezer has developed the most advanced technology for detecting code-reuse, effectively performing ‘DNA mapping’ for software. With this technology, we are able to identify every single piece of code running in the organization, enabling us to detect the most sophisticated cyber attacks and help security teams to respond immediately,” stated Itai Tevet, co-founder and CEO of Intezer.

Wednesday, October 4, 2017

FogHorn raises $30M for industrial IoT edge computing

FogHorn Systems, a start-up based in Mountain View, California, announced $30 million in Series B funding for its software stack designed for the industrial IoT (IIoT) edge computing segment.

FogHorn has built a complex event processing (CEP) - driven edge analytics software for on-premises edge computing. The software has a very small footprint enabling it to deliver real-time analytics to resource-constrained edge devices such as PLCs, gateways and industrial PCs. FogHorn recently enhanced its CEP platform with a new "Lightning ML" edge machine learning solution that can be used to train and execute machine learning algorithms and other advanced data science models on streaming sensor data. FogHorn says this facilitates the creation and iterative enhancement of “digital twins” and other sophisticated machine learning and AI models without the need to send all the sensor data to a cloud or data center for processing.

FogHorn's “edge intelligence” software targets industrial and commercial IoT application, such as complex machinery packed with sensors. For performance and cost reasons, FogHorn argues data from industrial equipment mostly should be processed locally and not sent to a distant cloud. On-premises computing provides better latency for near real-time feedback. It can also minimize the volume of data to be uploaded to the cloud. FogHorn's software is being used by OEMs and systems integrators. The company is also working directly with end customers in manufacturing, oil and gas, power and water, transportation, renewable energy, mining and agriculture, as well as Smart Building, Smart City and connected vehicle applications.

The new funding round was led by Intel Capital and Saudi Aramco Energy Ventures with new investor Honeywell Ventures and all previous investors participating, including Series A investors March Capital Partners, GE Ventures, Dell Technologies Capital, Robert Bosch Venture Capital, Yokogawa Electric Corporation, Darling Ventures and seed investor The Hive. The company has raised $47.5 million to date.

“This major round of funding by many of the world’s largest and most innovative technology and industrial companies will enable FogHorn to continue its drive for industry-first innovation in the IIoT market segment,” said David C. King, CEO of FogHorn. “We have seen unprecedented interest from customers and partners in a huge variety of industries for advanced condition monitoring, predictive maintenance, asset performance management and process optimization solutions.”


  • FogHorn is headed by David C. King (CEO), who previously co-founded AirTight Networks and served as its Chairman and CEO. Prior to AirTight, he served as Chairman, President and CEO of Proxim Inc., a pioneer in WLANs and the first publicly traded Wi-Fi company.

Tuesday, September 26, 2017

Google acquires Bitium for identity and access management

Google has acquired Bitium, a start-up based Santa Monica, California, that specializes in identity and access management. Financial terms were not disclosed.

Bitium, which was founded in 2012, provides tools to support single sign-on, password management and analytics across cloud services for small, medium and enterprise businesses. Bitium helps enterprises manage access to range of web-based applications — including Google Apps and Microsoft Office 365, as well as social networks and CRM, collaboration and marketing tools.

Bitium will now become part of the Google Cloud team.

FlyData raises $4 million for cloud data migration

FlyData, a start-up based in Sunnyvale, California with roots in Japan, raised $4 million in venture funding for its data-driven management solution that enables customers to move large amounts of information to existing data warehouses.

Mirai Creation Investment Limited Partnership (operated by SPARX Group Co., Ltd.) led the investment round, with participation from Amano Corporation and Nissay Capital. Previously FlyData raised more than $5M from noted investors in Japan and the US, including 500 Startups.

FlyData said it is developing a cloud-based Big Data platform to help automotive/manufacturing customers improve the efficiency of production-line and quality control through a partnership with OptoComb, a leading optical-based sensor company. The company was founded in 2011 based on a project selected as a part of Japan’s Ministry of Economy, Trade and Industry's MITOU Program.

Wednesday, September 6, 2017

MapR raises $56 million for big data management

MapR Technologies, which offers a Converged Data Platform that integrates analytics with operational processes in real time, announced $56 million in new equity investment from its existing investors.

MapR reported 100 percent quarterly billings growth for its second quarter of fiscal 2018, which ended on July 31, 2017, one of the largest increases for the company. The company cited
over 100 percent year over year growth in new subscription billings from Global 2000 customers such as American Express, Audi, Cisco, Ericsson, HPE, Novartis, NTT Security, SAP, UnitedHealthcare and Wells Fargo.

Some Q2 Highlights:

  • MapR introduced MapR-XD, a cloud-scale data store to manage files and containers. As part of the MapR Converged Data Platform, MapR-XD uniquely supports any data type from the edge to the data center and multiple cloud environments with automatic policy-driven tiering from hot, warm or cold data. MapR-XD enables customers to create vast, global data fabrics which are inherently ready for analytical and operational applications making it easier to operationalize data.

  • MapR formed a partnership with NTT DATA Business Solutions Asia Pacific, one of the largest SAP reseller and solutions based consulting firms globally to help customers optimize and find more cost efficiencies for their SAP deployments using the MapR Converged Data Platform. MapR partners include Amazon, Cisco, Google, HPE, Microsoft, SAP and Teradata.

"Our customers and partners continue to be at the forefront of this 30-year re-platforming the industry is going through today. We are working closely with them to ensure their success and helping them to execute on their digital transformation and data strategies," said Matt Mills, CEO, MapR Technologies.

MapR is based in San Jose, California.

http://www.mapr.com


  • In May 2014, MapR Technologies raised $110 million in venture funding for its distribution for Apache Hadoop software. Google Capital led the $80 million equity financing. Also participating was Qualcomm Incorporated, through its venture investment group, Qualcomm Ventures, and existing investors including Lightspeed Venture Partners, Mayfield Fund, NEA and Redpoint Ventures.  In addition to the equity financing, MapR completed a debt facility of $30 million led by Silicon Valley Bank.

Thursday, August 31, 2017

Qadium raises $40m for indexing every device on public Internet

Qadium, a start-up based in San Francisco, announced $40 million in Series B funding for its automated, global Internet intelligence operation.

Qadium said it "indexes every device on the public Internet every hour, similar to how search companies crawl web pages." Qadium then uses these data to continually monitor the global Internet for large organizations’ true network boundary, surfacing comprehensive information about all of an organization’s Internet-facing risks.

“Our technology would have been impossible just a few years ago,” says Co-Founder and CTO Matt Kraning. “Now, we leverage distributed and massively parallelized computation to monitor the global Internet in real time. It’s the first game-changer in a decade for defenders in cyberspace, allowing them to find and fix risks faster than attackers can exploit them.”

Qadium is available on a SaaS basis. Cited customers include PayPal, Capital One, Allergan, and Fluor, among others.

The new funding round was led by IVP, joined by new investor TPG Growth. Prior investors New Enterprise Associates (NEA), Founders Fund, Susa Ventures, and angels also participated.

https://qadium.com/

Wednesday, August 23, 2017

Cumulus targets web-scale networks for containers and microservices

Cumulus Networks is introducing a suite of technologies to help enterprises to deploy and operate production-ready web-scale networks for containers and microservices.

The company said its new "Cumulus Host Pack" enables a path to web-scale networking that supports containers and microservices by utilizing a common toolset of the Linux ecosystem. Because Cumulus Linux brings the host to the network, Host Pack gives application developers and network operators universal visibility and connectivity of the network. This visibility is needed because containers are constantly created and destroyed, and workloads are often moved to different physical machines or migrated to completely different data centers. The new Host Pack offering is the first of its kind to address the challenges network operators face in achieving end-to-end network visibility and connectivity of containerized applications.

Key capabilities and benefits of Host Pack include

  • Granular container visibility for faster debugging: Host Pack gives operational and development teams shared visibility of application availability through popular container orchestration tools such as Mesosphere, Kubernetes, and Docker Swarm. Enabled by NetQ running on the host, network operators can easily view the health of container services, keep track of container locations, track IP addresses and open ports, and have deep insights into where an issue resides, allowing for faster troubleshooting.
  • Simplified network connectivity for improved performance: With the use of routing protocols such as FRRouting and BGP unnumbered directly on the host and in a Layer 3 architecture, Cumulus' network fabric is able to dynamically learn about containers and distribute these addresses throughout the network to ensure predictable performance between containers across host environments. This removes the complications of a Layer 2 overhead, provides rich and reliable multipathing, simplifies IP address management, and increases reliability.   
  • A common data center operating model, Linux, from network to containers: Cumulus Linux utilizes the same Linux networking model that is foundational to container systems. This enables the use of a common operational toolset, guarantees interoperability, and reduces complexity across the entire data center.

The Cumulus Host Pack suite will also be made available for trial through Cumulus in the Cloud, a low effort, zero cost way to explore these technologies before committing to a full deployment.

“As companies look at containers as a way of deploying revenue generating applications in faster, more agile ways, the supporting networking infrastructure needs to adapt and change,” said Josh Leslie, CEO, Cumulus Networks. “Until now, we’ve been missing a solution that gives customers a scalable end-to-end network architecture and pervasive view of how containers impact the network. Cumulus Host Pack allows customers to deliver on the promise of containers and microservices by removing operational barriers and enabling them to design a network of web-scale efficiency that is reliable, and simple to deploy.”

http://www.cumulusnetworks.com

NTT DOCOMO invests in Petametrics

NTT DOCOMO Ventures has made an equity investment in Petametrics, a San Francisco start-up that provides “LiftIgniter”, a personalization API to deliver a wholly unique experience to every individual user impression.

LiftIgniter was founded by Indraneel Mukherjee, a former Google researcher, and a team of machine learning and math PhDs., The personalization engine is powering various NTT DOCOMO e-commerce services.

NTT DOCOMO said personalization based on sparse data points and real-time action by users has demonstrated the ability to significantly improve sales and customer engagement. However, most personalization engines require data scientists to analyze huge amounts of log data combined with user preferences and historical information in order to deliver intelligent recommendations to the end-user. With LiftIgniter, the machine learning-based personalization algorithms run 24/7, learning and reacting to each impression in real-time to predict and serve up tailored content for every user touchpoint. The platform is agnostic across all content, languages and devices. It can be fully integrated and operational within a few hours, with minimal ongoing management.

http://www.liftigniter.com
https://www.nttdocomo-v.com/en/release/sgzu31mczf/

Tuesday, August 22, 2017

Druva raises $80 million for data-as-a-service

Druva, a start-up based in Sunnyvale, California, announced $80 million in new funding for its cloud data protection and management solutions.

Druva provides a data management-as-a-service solution that aggregates data from endpoints, servers and cloud applications and leverages the public cloud to offer a single pane of glass to enable data protection, governance and intelligence. Earlier this month, Druva announced the Druva Cloud Platform Tech Preview, which converges its Druva Phoenix and Druva inSync cloud solutions, and offers a unified view into services and data.

Druva said its success is fueled partially by the rapid expansion of the data protection industry, with market size expected to be $28 billion in 2022 for both cloud-based and on-premises servers, in addition to the rapid cloud data protection and management adoption by Global 5000 organizations.

“We see today’s digital transformation as a data transformation, and protecting data in today’s cloud-connected environment requires a fresh approach,” said Jaspreet Singh, co-founder and chief executive officer at Druva. “Druva’s as-a-Service solution eliminates costly and complex infrastructure to quickly and seamlessly protect, govern, and gain intelligence from their data when and where it’s needed.”

The new funding round was led by Riverwood Capital, with strong participation from Sequoia Capital India, Nexus Venture Partners, Tenaya Capital, and most other existing venture investors.
This brings Druva's total raised to data to approximately $200 million.

https://www.druva.com


  • In May, Druva reported that it is seeing more than 300 percent year-over-year growth in infrastructure data protection revenue. Additionally, Druva Cloud deployments now span more than 4,000 enterprise customers, including 10 percent of the world’s Fortune 500 companies.  


Monday, August 21, 2017

Cisco to acquire Springpath for hyperconvergence software - $320m

Cisco agreed to acquire Springpath, a start-up specializing in hyperconvergence software for $320 million in cash and assumed equity awards.

Springpath, which is based in Sunnyvale, California, has developed a distributed file system purpose-built for hyperconvergence that enables server-based storage systems. Cisco and Springpath have worked together since early 2016 to launch HyperFlex, a fully integrated hyperconverged infrastructure system.

Cisco said the acquisition will allow it to continue to deliver next-generation data center innovation to its customers.

"This acquisition is a meaningful addition to our data center portfolio and aligns with our overall transition to providing more software-centric solutions," said Rob Salvagno, Cisco vice president, Corporate Business Development. "Springpath's file system technology was built specifically for hyperconvergence, which we believe will deliver sustainable differentiation in this fast-growing segment. I'm excited to be able to provide our customers and partners with the simplicity and agility they need in data center innovation."

http://www.springpath.com
http://www.cisco.com

  • Springpath was co-founded by Mallik Mahalingam and Krishna Yadappanavar, both whom previously held senior engineering roles at VMware.

Redis Labs secures $44m in venture funding

Redis Labs, a start-up based in Mountain View, California with offices in Tel Aviv and London, raised $44 million in Series D funding, bringing its total equity to $86 million.

The latest funding round was led by new investor Goldman Sachs Private Capital Investing and existing investors Bain Capital Ventures and Carmel Ventures, with participation from Dell Technologies Capital.

Redis Labs is home of open source Redis, the world's most popular in-memory database platform and currently the fastest growing database of any kind (SQL or NoSQL). Redis was created in 2009 by Salvatore Sanfilippo, who leads open source development at Redis Labs.

Redis Labs reports 70 percent year-over-year revenue growth in the most recent quarter.

"This funding round is a testament to the growing market demand and adoption of the open source Redis and Redis Enterprise to power next-generation applications as real-time, ultra-responsive capabilities become mandatory," said Ofer Bengal, CEO and co-founder at Redis Labs. "The investment will support our continued market penetration and allow us to meet the enterprise demand we're seeing for a modern in-memory database platform across wider geographies and industry sectors."

https://redislabs.com

Friday, August 11, 2017

Cylance reports 283% YoY revenue growth

Cylance, a privately held company that offers AI-powered cyber defense, reported the following metrics:

  • 283 percent growth in overall revenue
  • 119 percent growth in overall bookings
  • 169 percent growth in the number of customers
  • Over 5 million endpoints sold
  • 171 percent growth in deals
  • 100 percent growth in the number of OEM partnerships

Cylance also announced the appointment of Brian Robins as chief financial officer. Robins previously served as chief financial officer at AlienVault. Before that, he served as vice president and chief financial officer of Global Business Services at CSC, a multinational IT and professional services corporation. Earlier in his career, Robins was executive vice president and chief financial officer of Verisign.

http://www.cylance.com

Cylance: AI and Cybersecurity


Stuart McClure, CEO and founder of Cylance, discusses the intersection of artificial intelligence and cybersecurity. Cylance, which has been selling its AI-based solution for about 2 years, has grown to over 700 employees and about 3,000 customers with some 3 million endpoints. Filmed at Net Events' Global Press & Analyst Summit in California.   See video: https://youtu.be/27yUlW0lskg http://www.netevents.o...


Wednesday, August 9, 2017

BlueJeans Network Names Quentin Gallivan as CEO

BlueJeans Network announced the appointment of Quentin Gallivan as its new CEO, replacing Krish Ramakrishnan, who continues on at the company as Innovation and Strategy and Executive Chairman.

Gallivan is a four-time CEO with deep experience guiding numerous industry-leading enterprise platform and cloud companies.
He was a founding executive at Verisign, and helped grow the company from a $20M revenue cloud security company serving the mid-market to a $1.5B revenue global cloud infrastructure player. He served as CEO of Postini, which grew to more than 35,000 customers and over 10 million users in 25 countries before its acquisition by Google. More recently, he was CEO of Pentaho, an open source business intelligence (BI) platform company which was acquired by Hitachi in 2015.

"BlueJeans is leading a once-in-a-generation transformation of the collaboration, meetings, and enterprise application spaces by building a world-class enterprise video platform delivered in the cloud," said Gallivan. "Krish and his team have done a phenomenal job in creating this new and exciting space while simultaneously building a company of significant scale with an impressive roster of large global enterprises. I'm excited to join this special company, helping to lead the organization in its next phase of expansion and growth. I look forward to partnering with Krish as he continues to drive innovation and strategic market development for BlueJeans."

https://www.bluejeans.com/


Wednesday, August 2, 2017

Sedona appoints David Amzallag, formerly at Vodafone, as special strategic advisor

Sedona Systems, a provider of multi-layer IP/optical network automation and control solutions, announced the appointment of David Amzallag, former leader of network virtualisation transformation at Vodafone, as a special strategic advisor.

In his new role, Mr. Amzallag brings extensive industry experience and understanding of carrier networks and will help to expand and develop Sedona's NetFusion product line.

At Vodafone, David Amzallag served as group head of network virtualisation, SDN and NFV, and led the company's major Vodafone Ocean SDN/NFV transformation program. Since leaving Vodafone, he has worked with select companies that are helping carriers to create next-generation, end-to-end network architectures.

Prior to Vodafone, Mr. Amzallag served as VP for virtual telecommunications and NFV with Alcatel-Lucent, where he designed the first company-wide vision and strategy for network virtualisation and for NFV management and orchestration. Previously, David Amzallag served as CTO at Amdocs and as chief scientist, BT 21CN, with BT.

Mr. Amzallag holds a PhD in Computer Science from Technion (Israel Institute of Technology), a MS in Operations Research, and bachelor's degrees in Mathematics, Computer Science and Industrial Engineering from Ben-Gurion University of the Negev.

Sedona's NetFusion is a software-defined networking (SDN) solution that automatically discovers and visualises a carrier's IP/MPLS and optical network layers into a single, abstracted model. This real-time view of multi-layer, multi-vendor, multi-domain topology and traffic is designed to provide detailed visibility and enable network convergence and software agility, including with existing network infrastructure.

The NetFusion App Suite furthers this converged solution with optimisation and automation apps that can help to improve network resiliency and efficiency. As SDN controllers are added to the network, NetFusion can evolve into a network controller, providing automation and control across multiple vendors and domains, and abstracting the network to service orchestrators.

Sedona Raises $13.6M for IP/Optical Converged Control



Sedona Systems, a start-up based in Israel with offices in Cupertino, California, announced $13.6 million in Series B funding for its IP/optical converged control platform for service provider networks. Sedona said its NetFusion software platform enables coordinated control of the IP and Optical layers in multi-vendor networks, automatically creating a live map of all traffic paths and cross-connections. Following this unique network discovery process,...

Friday, July 28, 2017

Big Switch secures $30.7m in capital funding

Big Switch Networksof Santa Clara, California, The Next-Generation Data Center Networking company,

a.         Founded in 2010 having originated from the original Stanford research team that invented software defined networking (SDN) technology.

b.         Began shipping its platform-independent open SDN product suite, featuring a controller, virtual switch and network monitoring application in 2012, and in 2013 started packaging its technology components into bare metal SDN fabric solutions.
c.         In January 2016 closed a Series C, $48.5 million funding round with participation from both new and existing investors, including Morgenthaler Ventures, Silver Lake Waterman, Index Ventures, Khosla Ventures, Redpoint Ventures, Accton, CID Group and MSD Capital, and bringing total funding at that time to $94 million.

Has announced it has secured $30.7 million in new financing to support further sales and product expansion as organisations continue to adopt next-generation networking solutions to modernise data centres.

Big Switch stated that the latest financing involves the participation of Dell Technologies Capital, Silverlake Waterman, Index Ventures, Morgenthaler Ventures, MSD Capital, Redpoint Ventures, Khosla Ventures, Intel Capital and a strategic investment from a Tier-1 service provider. The company noted that total funding raised to date exceeds $120 million.

http://www.bigswitch.com/press-releases/2017/07/27/big-switch-networks-secures-307mm-in-incremental-capital


  •  In January, Big Switch announced new capabilities for its Big Cloud Fabric (BCF), including comprehensive networking support for hyper-converged solutions powered by VMware vSAN and virtual desktop and application solutions with VMware Horizon, as well as multi-container networking support for Mesosphere DC/OS and Kubernetes container orchestration platforms, including Red Hat OpenShift Container Platform.

Friday, July 14, 2017

Vitalpointz Targets the Edge

We have seen the tremendous potential for innovation, cost saving, and flexibility being unleashed by the public clouds.  The hyperscale data centers of the top three public cloud providers are marvels to behold. Private cloud data centers and hybrid cloud architectures are also on the rise as Fortune 500 companies shift their IT spending to take advantage of this trend.

We are also now witnessing the long-predicted rise in the Internet of Things.  IDC’s recent Worldwide Semiannual Internet of Things Spending Guide predicts spending on IoT will reach $800 billion this year, up 16.7% year over year, and rising to nearly $1.4 trillion in 2021.  IDC breaks down 2017 investments in IoT as follows: manufacturing operations ($105 billion), freight monitoring ($50 billion), and production asset management ($45 billion), smart grid technologies for electricity, gas and water and smart building technologies ($56 billion and $40 billion, respectively). Looking to 2021, IDC expects these use cases will remain the largest areas of IoT spending. The use cases that will see the fastest spending growth are airport facilities automation (33.4% CAGR), electric vehicle charging (21.1% CAGR), and in-store contextual marketing (20.2% CAGR).


The Need for Edge Computing

At the intersection of these two trends is a new opportunity that is just beginning to catch the interest of Silicon Valley – edge computing, sometimes also called fog computing. The primary idea here is that Industrial Internet of Things (IIoT) applications will benefit from both cloud infrastructure and local compute/storage resources. Centralized controllers in the cloud could be used for provisioning, performance monitoring, billing, and big data analytics. Real-time control of the application and its associated physical devices would be retained by an “edge” processing/storage unit.

This will drive the development of small server farms, or “cloudlets”, located in-building, on-campus, or in a metro area data center.  Google recently disclosed plans for more data centers in city centers rather than solely hyperscale campuses in remote locations. AWS is promoting its “Greengrass” project, software for running local compute, messaging, data caching, and sync capabilities for connected device. Greengrass runs locally and the AWS cloud provides management, analytics, and durable storage.

The communication service providers have their own variation for this general concept - Central Office Re-architected as a Data Center (CORD).  Under the Linux Foundation, CORD is now an independent open source project aimed at leveraging the elasticity of commodity clouds and merchant silicon for a new generation of smaller and more efficient central offices. Backers include Google, Radisys, Samsung Electronics, AT&T, China Unicom, Google, NTT Communications, SK Telecom, and Verizon, vendors Ciena, Cisco, Fujitsu, Intel, NEC, Nokia, etc.

The Vitalpointz Application Forking Engine

Vitalpointz (vitalpointz.net) is a Silicon Valley-based start-up with R&D operations in Bangalore, that has just announced its entrance into this market. The company is led by veteran successful entrepreneur Ravi Medikonda, who previously headed Vistapointe, a start-up that specialized in cloud-based and real-time network monitoring solutions for mobile operators. Vistapointe developed data extraction, analysis and insight generation technologies that enabled mobile operators to gain visibility into their mobile networks. The solution leveraged Network Functions Virtualization (NFV) architecture, enabling it to run in a telco cloud.  Brocade acquired Vistapointe in 2014. The Vistapointe team went on to become Brocade’s Network Visibility and Analytics business unit, establishing accounts with major North American and Japanese mobile operators.  With Broadcom’s $5.9 billion acquisition of Brocade and subsequent divestitures of many business units, the time seemed right to pursue the new edge opportunity.

“We see a distinct opportunity for a better edge computing paradigm,” says Vitalpointz’ Ravi Medikonda. “Application developers really should not have to know specifically what hardware resources are available locally versus in the cloud.  Our forking engine will automatically direct traffic to where it can be best processed. In many cases, that might be a nearby CORD or on-prem server, but it might be the public or private cloud.”

Applications are driven by multiple functional modules, also known as micro-services, which can exist in different locations (VMs, container, across racks, across data centers, etc.). We also know that application deployment has changed to a SAAS multi-tenant model.  The same deployment of "Office 365" can serve multiple companies and customers.  So, the ability to specifically manage an application by host or an IP-address is not possible.

The patent pending Vitalpointz Application Fork Engine (VAFE) technology will enable applications to run “as is” across the cloud and cloudlet without any configuration change. The company says its VAFE technology will benefit several use cases that require quick responsiveness, low latency and near real-time operation. VAFE can be embedded in x.86 platforms, VMs, processor boards in Layer-2 DC switches or IIOT gateways.

Examples could include context-aware services and location-aware services, asset tracking, video surveillance, connected cars, augmented and virtual reality, etc.  Think of a hotel that is installing NFC-enabled door locks on its customer rooms.  When a new reservation is booked online, a room suite is automatically assigned and a unique room access code is generated and emailed to the guest. This part of the booking is handled by the hotel management application in the cloud. When the guest arrives at the hotel on the day of the booking, he or she may proceed directly to the reserved room, which opens when their NFC-enabled phone is touched to the door lock. The authenticated door opening transaction is processed locally rather than in the cloud data center which could be thousands of miles away.


The Vitalpointz founding team has played the Silicon Valley & Bangalore start-up game before with a successful outcome. A promising market opportunity has been identified and key intellectual property is under development. As is often the case, it is the focused engineering teams who have worked together in the past that gain a first-to-market advantage over the large vendors.

Monday, July 10, 2017

AT&T partners with Coral to launch $200m VC fund

AT&T announced it is committing to invest up to $200 million in a venture capital fund as part of its ongoing effort to develop solutions to address current and emerging technology challenges.

Under the program, AT&T will work with venture capital firm Coral's Communications Industry Platform (CIP) team to identify and invest in start-up companies that are focused on developing technology for connected services and platforms.  AT&T and Coral will also seek to identify additional companies interested in investing in the fund.

The new fund will specifically invest in technologies that run on the Open Network Automation Platform (ONAP) operating system for software-defined networks. AT&T noted that ONAP was created through the merging of a platform developed by AT&T Labs and an existing open source project.

ONAP is currently being used to manage the company's own cloud network, and is now an open source platform hosted by the Linux Foundation that is increasingly being adopted as the standard for virtualised networks worldwide.

AT&T stated that this latest investment initiative builds on its existing innovation programs that encompass AT&T Labs and the AT&T Foundry innovation centre that were established in 2011 to support work with the start-up companies and the open source community.

Coral Group is a venture capital firm that specialises in telecom systems integration, Internet-based consumer and enterprise-facing applications and services. The Communications Industry Platform (CIP) combines venture capital and integrated solutions to help communication service providers address strategic challenges. Coral has provided VC funding to companies including Calix, Flexlight Networks, Infinera and Picolight.


Regarding the initiative, Andre Fuetsch, CTO and president of AT&T Labs, noted, "This investment is part of AT&T's push to address the needs of global service providers… it will collaborate with Coral and other CIP members to find, and even create, start-up companies to build disruptive technologies to solve these challenges".


Tuesday, June 27, 2017

NEC deploys 128 Technology in Japan

128 Technology of Burlington, Massachusetts, a provider of session-oriented routing solutions, announced that Japan's NEC Networks and System Integration (NESIC) has deployed the 128T Networking Platform (128T) to interconnect four sites in Tokyo, Kanagawa, Osaka and Myanmar.

In addition to using the 128T platform for its own corporate requirements, NESIC will also offer 128T to its approximately 5,000 enterprise, telecommunication and government customers worldwide with the aim of improving the quality, security, and reliability of their WANs.

Headquartered in Tokyo with 62 offices worldwide, NESIC provides integrated ICT solutions and services, ranging from planning and consulting to system design and integration, construction and maintenance, operation, outsourcing and business process outsourcing.

The 128T solution is based on Secure Vector Routing (SVR) technology, which is claimed to offer a fundamentally new approach to networking that enables customers to build context-aware networks that can dynamically and securely extend across network boundaries without the need for complex tunnelling and overlay technologies.

128T can be implemented to address a range of routing applications from the branch office, across the WAN and within and between private and public clouds. The platform is software-based and can be deployed to either augment or replace existing network routing solutions. 128 Technology enables customers such as NESIC to both cost-effectively build and offer networks designed to provide greater agility, security and control between distributed locations.



  • Founded in 2014 and launched in 2016, 128 Technology announced in May 2017 that it had raised $21.5 million in Series C funding, bringing total funding to $57 million. Investors in the round included executive management and current employees of the company, individual investors, as well as G20 Ventures. 128 Technology stated that it would use the financing to expand its global presence and accelerate the expansion of the 128T Networking Platform

  • 128 Technology previously announced a seed funding round of $4 million in July 2014, a $12 million Series A round in December 2014 and a $20 million Series B funding round in December 2015.

Friday, June 23, 2017

France-based Kalray raises $26m for Manycore Silicon

France-based Kalray, a fabless developer of high-performance, low-power 'manycore' microprocessors:

1.         Founded as a spin-off by technology investment firm CEA Investissement in 2008 and developer of the patented massively parallel manycore architecture, MPPA (massively parallel processor array).

2.         Offering manycore processors designed to enable high performance computing with low power consumption and low latency targeting embedded applications including autonomous vehicles and acceleration in data centres.
Has announced the completion of a new round of funding totalling $26 million that was led by new investor Safran, with participation from Asian investor, Pengpai, also a new investor, ACE Management, CEA Investissement, EUREKAP! Héléa Financière and INOCAP Gestion. Kalray has raised a total of over $65 million in capital and public funding from investors including Bpifrance.

Kalray stated that the new funding round will be used to accelerate the commercial exploitation of its existing solutions and to begin the development of the MPPA Coolidge, its 3rd generation of microprocessors, which is scheduled to be released in 2018. It also plans to expand its team, in particular its engineering team in Grenoble, and to strengthen its commercial network internationally. Leveraging a fabless model, Kalray has partnered with major chip company TSMC for production of its solution.

The company noted that since its spin-off from CEA in 2008 it has developed the massively parallel manycore architecture for its microprocessors that is protected by over 20 international patents. The MPPA technology is designed to increase processors' real-time processing abilities while maintaining low power consumption.

Kalray's microprocessors are utilised in two key markets - critical embedded applications (such as aeronautics/defence and autonomous vehicles), and data centres, for storage acceleration and high-speed networking).


The company stated that it is expanding its international presence, and now has 65 employees, distributed across its home base in Grenoble, France and its North American operation in Los Altos, California. Kalray also has an office in Tokyo, Japan.


See also