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

Tuesday, May 17, 2022

Eridan lands $46 million for direct polar transmitter in gallium nitride and silicon

Eridan, a start-up based in Mountain View, California, raised $46 million in financing for its MIRACLE RF Front End Module. 

Eridan has built a direct polar transmitter in gallium nitride and silicon, which promises:

  • 10x less input power to provide the same coverage
  • 60-100x reduction in power consumption in sparsely-populated areas, due to improved spatial efficiency
  • Equipment that’s smaller, lighter, and less expensive to install, and doesn’t require specialized power sources or heavy heat sinks

The funding was led by Capricorn’s Technology Impact Fund and Monta Vista Capital with additional participation from Social Capital, Diamond Edge Ventures and Pilot Grove Management.

The company anticipates initial stages of deployment in late 2023 in small cells and Massive MIMO systems for urban and suburban locations.

"Accessible, efficient and reliable wireless connectivity is critical to our future economic, environment and social well being. Achieving that reality, however, is impossible without a major technology breakthrough to reduce the spectrum and power needed. That’s how Eridan will provide improved and expanded connectivity for everyone, everywhere, using a fraction of the power," stated Doug Kirkpatrick, Eridan CEO and Co-founder.

Saturday, May 14, 2022

Belgium's Pharrowtech raises €15M for 60 GHz wireless RF transceiver

Pharrowtech, a start-up based in Leuven, Belgium, announced the closure of its €15 million Series A funding round to continue developing next-generation 60 GHz wireless RF transceivers and antenna technology.

The company recently launched its 60 GHz CMOS Radio-Frequency Integrated Circuit (RFIC) PTR1060, and phased array antenna Radio-Frequency Module (RFM) PTM1060 for 5G unlicensed fixed wireless access, wireless infrastructure, and consumer applications. 

The IEEE 802.11ay-compliant CMOS RF chip is designed for indoor and outdoor wireless use cases that support the full 57 to 71 GHz bandwidth. The company also launched PTM1060 (RFM) phased array antenna modules to provide OEM/ODMs with a ready-to-use 60GHz solution.

This investment round was led by Innovation Industries of the Netherlands, and joined by Seed Round investors imec.xpand, Bloc Ventures, and KBC Focus Fund. 

Wim Van Thillo, CEO and co-founder, Pharrowtech, says: “This year has started on a great note for Pharrowtech and this investment is another significant milestone in our journey. Despite the challenges brought by a global pandemic, Pharrowtech was able to move rapidly from imec R&D Prototypes in 2019 to scaling up production of an exceptionally advanced 60 GHz RF solution by 2022. Our agility and capabilities have kept us ahead of the curve, delivering solutions that will shape the future of ubiquitous connectivity. We would like to thank our team, our investors, partners, and especially our customers for their faith in us. With the next phase of our growth underway, we are committed to providing RF solutions to multi-GHz links to enable low-cost infrastructure and consumer applications.”

Monday, May 9, 2022

Marvell to acquire Tanzanite for Compute Express Link (CXL)

Marvell agreed to acquire privately-held Tanzanite Silicon Solutions, a start-up based in Milpitas, California that is developing advanced Compute Express Link (CXL) technologies. Terms of the all-cash transaction were not disclosed. 

Marvell said the future cloud data center will be built on fully disaggregated architecture utilizing CXL technology, requiring greater high-speed interconnectivity than ever combined with optimized compute, networking, memory, security and storage chipset solutions. Tanzanite has developed extensive expertise in CXL technology that will help further accelerate Marvell’s vision of fully composable cloud infrastructure. The benefits of CXL include infrastructure agility to instantly allocate resources tailored to workload requirements. The acquisition expands its CXL development initiatives. 

In March, Tanzanite unveiled its architectural vision and product roadmap with an SoC mapped to FPGA Proof-Of-Concept vehicle demonstrating Memory Expansion and Memory Pooling, with multi-host CXL based connectivity.

The architecture and “Smart Logic Interface Connector” SoC enables independent scaling and sharing of memory and compute in a pool with low latency within and across server racks. The Tanzanite solution provides a highly scalable architecture for exa-scale level memory capacity and compute acceleration, supporting multiple industry standard form-factors, ranging from E1.S, E3.S, memory expansion board, and memory appliance.

Tanzanite’s scalable, low latency CXL optimized fabric with caching, advanced security and RAS targets use cases:

  • Advanced Memory Expansion with optional persistency support
  • Memory Pooling and Tiering
  • CXL Switch
  • Near Memory Compute

The first generation TanzanoidTZ tiered memory appliance enables multiple CPUs to access up to 80 TB of memory capacity with 16 DDR5/32 DDR4 channel equivalent bandwidth per host, with latencies lower than dual socket servers.

“We believe that CXL will be a significant game-changer in enabling optimal resource utilization in next generation data centers, and the acquisition of Tanzanite advances our abilities to address our customers’ most challenging issues,” said Dan Christman, executive vice president, Storage Products Group, Marvell. “Marvell’s investment underscores our commitment to deliver on the promise of CXL across our industry-leading cloud portfolio spanning compute, electro-optics, networking, security and storage.”

“We are excited to see our vision for CXL leadership take a leap forward as part of Marvell, a company that is renowned for its customer-focused innovation,” said Shalesh Thusoo, CEO, Tanzanite. “CXL technologies offer a unique value proposition for a multitude of use cases and are helping shape the next generation composable data center. I’d like to thank our industry partners for their unwavering support and the entire Tanzanite team for their dedication and commitment in pioneering this technology and enabling us to achieve this milestone today.”

“The CXL standard will play a significant role in helping the industry deliver fully composable infrastructure for the cloud,” said Noam Mizrahi, corporate chief technology officer, Marvell. “The integration of CXL across our end-to-end, cloud-optimized silicon portfolio will bring new levels of data center efficiency, scalability and flexibility to power emerging metaverse and next generation AI applications.”

Marvell’s  portfolio of cloud offerings includes high-speed Alaska active electrical cable (AEC) PAM4 DSPs and Ethernet PHYs; Bravera SSD and HDD controllers; Inphi PAM4 electro-optics; COLORZ data center interconnects (DCIs); OCTEON data processor units (DPUs) for security, offload, and acceleration; Teralynx Ethernet switches; custom Arm-based server CPUs; and full custom ASICs.

Wednesday, May 4, 2022

Google acquires Raxium for MicroLED display technologies

Google has acquired Raxium, a start-up based in Fremont, California developing single panel MicroLED display technologies. Financial terms were not disclosed.

On its website, Raxium claims to have developed the world’s highest performance ultra-high density
monolithic RGB µLED displays measuring ~3.5 um per pixel, as compared with Super AMOLED displays at ~50 um per pixel.

Monday, May 2, 2022

Federated Wireless attracts additional $14M in Series D

Federated Wireless, which offers a Spectrum Access System (SAS) for managing shared spectrum,  closed on an additional $14 million in Series D funding bringing the total raised in the round to $72 million. 

This brings total funding raised by Federated Wireless to  $213 million.

“Private wireless is one of the most transformative enterprise technologies to emerge since the cloud,” stated Federated Wireless CFO Loren Buck. “We continue to invest aggressively to support explosive demand, maintain our industry leadership, and deliver on the promise of 5G private wireless for our clients.”

Federated Wireless counts more than 350 customers and over 85,000 connected devices across the United States and territories. The company’s partner ecosystem includes more than 40 device manufacturers and edge partners, all of which are dedicated to collaboration to advance development and proliferation of CBRS services.

Alaian alliance aims for open telco innovation ecosystems

Alaian, a new alliance whose founding members include Bouygues Telecom, Cellnex, KPN, MTN, Telefónica and WINDTRE, has set its sights on connecting the open innovation ecosystems driving telco innovation.  Collectively, these six global telcos have a reach spanning 50 countries and 700 million customers.

Alaian members seek to join forces to share best practices on innovation and generate different use cases on the latest market developments and technologies they are implementing, in their ambition to constantly innovate. The alliance is also committed to global open calls to attract companies that are aligned with its strategic innovation priorities.

Alain is issuing a global call for startups with 5G-based use cases in Communications & infrastructure, Industry, manufacturing & logistics, Mobility, Utilities & Energy, Metaverse & Web3, Media, Entertainment & Gaming and Retail.

The selected companies will be able to access the best 5G connectivity and edge computing resources of the alliance’s member telcos, as well as carry out tests in the 5G LABs with the intention of integrating them into the solutions of the different telcos. Also, exchange knowledge with specialists and network teams with whom to co-develop and solve problems together, taking advantage of the technical, commercial and product support of the alliance members’ network of experts, mentors and trainers.

In addition, startups selected by the alliance will be able to benefit from the resources available to the telecoms such as knowledge of the markets they are in, access to their network of contacts, design and build pilots with customers around the world. Apart from this, there is the opportunity to help startups additionally with fundraising, training for entrepreneurs, visibility and exposure at the alliance partners’ headquarters, flagship shops, demo centres, labs and Hubs to showcase their product to the network of customers and partners.  In addition, equity investment will be possible from any of Alaian’s member investment vehicles, as well as exposure to its global network of venture capital firms.

“We are very proud to participate in the Alaian program. For a long time, we have decided to get closer to those who have the ideas, those who innovate and create. With Startups and Open Innovation, we can invent the future together. This new alliance gives us the chance to meet new startups from different backgrounds, to discover and share opportunities with companies that share the same challenges as us (5G development, customer experience, sustainable development, metaverse…)”, Stéphane Allaire, Chief Innovation Officer of Bouygues Telecom.

“It’s an honour to participate and contribute our expertise in this powerful initiative with these partners which will bring the best of both worlds, corporate and startup, to drive Open Innovation around the most relevant topics for the telcos nowadays”, Jose A. Aranda, Global Innovation director of Cellnex.

Link for start-ups:

Tuesday, April 26, 2022

Ayar Labs lands $130m for In-Package Optical I/O

Ayar Labs, a start-up based in Santa Clara, California, secured $130 million in additional financing for its optical I/O solution. 

With the new investment, Ayar Labs said it is ramping production and securing supply chain partners, as signaled by previously announced multi-year strategic collaborations with Lumentum and Macom, both leaders in optical and photonic products, as well as GlobalFoundries on its new GF Fotonix platform. The company also confirmed that it made its first volume commercial shipments under contract and expects to ship thousands of units of its in-package optical interconnect by end of year.

The new funding was led by Boardman Bay Capital Management. Hewlett Packard Enterprise (HPE) and NVIDIA entered this investment round, joining existing strategic investors Applied Ventures LLC, GlobalFoundries, Intel Capital, and Lockheed Martin Ventures. Other new strategic and financial investors participating in the round include Agave SPV, Atreides Capital, Berkeley Frontier Fund, IAG Capital Partners, Infinitum Capital, Nautilus Venture Partners, and Tyche Partners. They join existing investors such as BlueSky Capital, Founders Fund, Playground Global, and TechU Venture Partners.
“As a successful technology-focused crossover fund operating for over a decade, Ayar Labs represents our largest private investment to date," said Will Graves, Chief Investment Officer at Boardman Bay Capital Management. "We believe that silicon photonics-based optical interconnects in the data center and telecommunications markets represent a massive new opportunity and that Ayar Labs is the leader in this emerging space with proven technology, a fantastic team, and the right ecosystem partners and strategy.”
“Optical connectivity will be important to scale accelerated computing clusters to meet the fast-growing demands of AI and HPC workloads,” said Bill Dally, Chief Scientist and Senior Vice President of Research at NVIDIA. “Ayar Labs has unique optical I/O technology that meets the needs of scaling next-generation silicon photonics-based architectures for AI.”
“Ayar Labs’ highly differentiated technology is crucial to supporting the high-performance computing architectures of the future,” said Paul Glaser, Vice President and Head of Hewlett Packard Pathfinder, HPE’s venture arm. “Ayar Labs represents a strategic investment opportunity for HPE to help our customers more efficiently derive greater insights and value from their data.”
“The overall financing is much larger than we originally targeted, underscoring the market opportunity for optical I/O and Ayar Labs’ leadership position in silicon photonics-based interconnect solutions,” said Charles Wuischpard, CEO of Ayar Labs. “This financing allows us to fully qualify our solution against industry standards for quality and reliability and scale production starting this year.”

What's hot at OFC22? Ayar Labs on Optical I/O

There is a lot of discussion about optical I/O and the challenge of getting photonics integrated much closer to compute units, says Mark Wade, co-founder and CTO, Ayar Labs.Last year, Ayar Labs demonstrated its end-to-end, DWDM micro-ring solution for optical I/O. This year, it's clear that big parts of the industry are heading in this direction.  Some highlights for the ecosystem include GlobalFoundries newly announced photonics platform, a...

What's hot at OFC22? GlobalFoundries on Co-packaged optics

The proof-point for co-packaged optics are here, says Anthony Yu, VP of Computing and Wired Infrastructure, GlobalFoundries. Yu discusses GlobalFoundries' newly unveiled next generation silicon photonics platform and active design wins with major customers, including collaborations with Broadcom, Cisco Systems, Marvell, NVIDIA, Ayar Labs, Lightmatter, PsiQuantum, Ranovus and Xanadu.The Consortium for Onboard Optics (COBO) has been instrumental...

Lumentum and Ayar Labs target external light sources for CPO

Lumentum and Ayar Labs announced a strategic collaboration agreement to deliver CW-WDM MSA compliant external laser sources in high volume. “Co-packaged optics to replace traditional copper interconnects is a massive new market opportunity broadly recognized by the industry and one that Lumentum is well-positioned to address with our proven laser technologies and manufacturing scale,” said Walter Jankovic, Senior Vice President and General Manager...

GlobalFoundries unveils next gen silicon photonics platform

GlobalFoundries unveiled its next generation silicon photonics platform and active design wins with major customers, including collaborations with Broadcom, Cisco Systems, Marvell, NVIDIA, Ayar Labs, Lightmatter, PsiQuantum, Ranovus and Xanadu. The platform enables a high level of integration onto a photonics integrated circuit (PIC). It also supports innovative packaging solutions, such as the passive attachment for larger fiber arrays, support...

Aviz Networks raises seed funding for SONiC

Aviz Networks, a start-up based in San Jose, California, announced a $4 million seed funding round to support its development of SONiC software solutions for hybrid cloud and edge networks.

Aviz is enabling a unified and consistent user experience across multi-vendor environments with its Aviz Certified SONiC program and a high quality application-driven support model, backed by 24/7 availability of SONiC experts. Aviz has signed partnerships with all major Switch and ASIC vendors to enable customers for interoperable multi-vendor networks. Furthermore, Aviz is accelerating SONiC adoption by making the NOS application aware and bringing Cloud-Native and AI capabilities to hybrid networks.

“We are living in a world of disaggregated, platform independent applications running in the cloud, which are increasingly AI enabled. SONiC is the first-ever multi-vendor standards-based NOS and is a perfect environment to drive innovation in networking," said Vishal Shukla, CEO, of Aviz Networks. “We are solving problems of orchestration, monitoring, and support across a multi-vendor ecosystem at scale. A leading web-scale enterprise customer that uses tens of thousands of devices sourced from multiple vendors is using Aviz’s SONiC Enterprise Suite to manage their SONiC fabric."

The Aviz founding team, with backgrounds from companies including Nvidia (Mellanox), AWS and F5 (Shape Security), has a proven track record of nurturing developer communities and delivering technology platforms that transform enterprise infrastructure. Vishal Shukla, Co-founder & CEO is leading the team, Chidambaram B, Co-founder & CTO is leading research and development, and Gautam Agrawal, Co-founder & CPO is leading product and marketing.

Thursday, April 21, 2022

LuminWave raises $20 million for solid-state LiDAR

LuminWave, a start-up based in Hangzhou, China, raised more than $20 million in Series B financing for its Si-photonics 4D LiDAR.

LuminWave develops unique Si photonics-based frequency-modulated continuous wave (FMCW) coherent detection and solid-state scanning technologies and highly integrated LiDAR solutions. It currently has two product families: a solid-state large FOV (up to 120⁰x90⁰) Diversity Series (D-Series) and a FMCW 4D Foresight Series (F-Series).

The D-Series aims at collision avoidance and blind area detection applications for ADAS and autonomous driving as well as applications in industrial automation and smart infrastructures. Its large FOV, high resolution, compact size, and appealing price make it a perfect choice for a large variety of use cases. D1, the first product in this family, was released early last year and is currently in volume production. A next generation higher performance model is on its way.

The F-Series takes advantage of Si photonics-based solid-state FMCW to provide unique high accuracy, 

 "As more LiDARs are being deployed on the road, immunity from LiDAR crosstalk will become crucial to safety. Our FMCW LiDAR perfectly addresses this issue ," said Dr. Feng, CEO of LuminWave Technology.

Monday, April 18, 2022

The Netherlands aims for photonic integrated circuit leadership with €1.1B fund

PhotonDelta, a cross-border ecosystem of photonic chip technology organizations,secured €1.1 billion in public and private investment. This includes €470 million from the National Growth Fund of the Netherlands, while the rest is co-invested by various partners and stakeholders. 

The aim is to transform the Netherlands into the leader of the next generation of semiconductors and photonic integrated circuits (PICs).

The programme will run for six years and will enable PhotonDelta and its partners to further invest in photonic startups and scaleups, expand production and research facilities, attract and train talent, drive adoption, and develop a world-class design library. Currently, the PhotonDelta ecosystem currently consists of 26 companies, 11 technology partners and 12 R&D partners. The organization has jointly invested €171 million in promising photonics companies including Smart Photonics, PhotonsFirst, Surfix, MicroAlign, Solmates and Effect Photonics.

By 2030, PhotonDelta aims to have created an ecosystem with hundreds of companies, serving customers worldwide and a wafer production capacity of 100,000+ per year. 

Ewit Roos, CEO at PhotonDelta, said: "This investment is a game-changer. It will make the Netherlands the home of the next generation of semiconductors which will have a profound impact. The ongoing chip shortage highlights the pressing need to create its own production capabilities for strategic technologies. We will now be able to support hundreds of startups, researchers, producers and innovators to boost this industry that will be as impactful as the introduction of microelectronics a few decades ago."

"The Netherlands is considered a pioneer in the development of PIC technology, and thanks to the continuous support from the Dutch government, we have been able to build a full supply-chain around it that is globally recognised as a hotspot for photonic integration."

"Photonic chips are one of the most important technological breakthroughs of the last decade. Not only do they allow for the creation of devices that are faster, cheaper, more powerful and greener - they also enable radical new innovations like affordable point-of-care diagnostics or quantum computing to become a reality."

The PhotonDelta proposal has been submitted by the Dutch Ministry of Economic Affairs & Climate Policy in close collaboration with Eindhoven University of Technology (TU/e), University of Twente (UT), Delft University of Technology (TUD), Holst Centre, TNO, IMEC, PITC, CITC, Holst Centre, OnePlanet, Smart Photonics,Lionix International, Effect Photonics, MantiSpectra, PhotonFirst, Phix, and Bright Photonics.

Wednesday, April 13, 2022

POLYN unveils Neuromorphic Analog Signal Processor for "Tiny AI"

POLYN Technology, a start-up based in Caesarea, Israel unveiled its first Neuromorphic Analog Signal Processor (NASP) chip. 

The company says its device embodies the Tiny AI concept.

The NASP chip enables full data processing disaggregation between the sensor node and the cloud. The chip, which is implemented in 55nm CMOS technology, contains several neural networks. Its design proves the NASP “neuron” model as well as the scalability of the technology and efficiency of the chip design automation tools developed by POLYN.

POLYN anticipates the chip will be available to customers in the first quarter of 2023 as its first wearables product, with a fusion of PPG and IMU sensors for the most accurate heart rate measurement along with recognition and tracking of human activity.

“Our first chip is created from trained neural networks by NASP Compiler and synthesis tools that generated Netlist and the silicon engineering files from the software math model simulation. We will continue to refine our technology for creation of new generation chips,” said Yaakov Milstain, COO of POLYN.

“This achievement validates the intensive work of our multinational team,” said Aleksandr Timofeev, CEO and founder of POLYN Technology. “Our chip represents the most advanced technology bridging analog computations and the digital core. It is designed with neuroscience in mind, replicating pre-processing the primary cortical area of the human brain does at the periphery before learning at the center.”

Monday, April 11, 2022

Netomnia secures £295 million for UK fibre rollout

Netomnia, a provider of full fibre broadband infrastructure based in the UK, secured £295 million in new funding led by DigitalBridge Investment Management. DigitalBridge’s equity investment will come alongside follow-on commitments from existing shareholders Soho Square Capital LLP and Advencap Limited.

Netomnia has achieved more than 130,000 premises passed since rollout commenced in 2020.

“We are thrilled to partner with DigitalBridge and benefit from their support and industry expertise as we work towards our target of one million premises passed in the next two years. We are scaling rapidly and aim to play an active role in unleashing the UK’s digital potential by delivering the benefits that come with multi-gigabit fibre broadband," states Jeremy Chelot, founder of Netomnia.

Thursday, April 7, 2022

Israel Electric Corp invests in Prisma Photonics for fiber sensing

Israel Electric Corporation (IEC) has made a strategic investment in Prisma Photonics, a start-up based in Tel Aviv that is developing optical monitoring solutions.

The PrismaPower is a fiber optics based electrical overhead powerline monitoring solution. As part of the collaboration with IEC, the Prisma Photonics system was deployed on IEC's transmission grid. It identifies safety incidents such as compromising or climbing power towers, electrical issues, short circuits, and partial electric discharges. It also alerts for unusual weather events such as strong winds, lightning hits near the lines, etc. In addition, the electro-optical fiber monitoring further protects against physical cyber-hacking of the communication infrastructure.

By leveraging IEC's optical fiber network, PrismaPower monitors 100 km of grid for electrical faults, physical damage to power towers and transmission lines, and extreme weather conditions. The system tracks faults and events right down to the power tower closest to the source of the problem.

"Having your strategic customer as your strategic partner is the strongest vote of confidence a company can hope for," added Dr. Eran Inbar, Prisma Photonics' CEO. "As an innovative corporation, IEC started collaborating with us six months ago. The current investment supports its commitment to advancing Israel's power supply industry through innovation. To date, our system has transformed the optical fiber infrastructure deployed on IEC's high-voltage grids into a sequence of extremely sensitive sensors that identify issues and track their precise location down to the nearest power tower level in real-time and with no need for placing additional sensors along the transmission lines."

Prisma Photonics raises $20 million for fiber sensing

Prisma Photonics, a start-up based in Tel Aviv, announced $20 million in a Series B funding for its optical monitoring solutions.

Prisma Photonics said its fiber sensing works by transmiting optical pulses down a fiber. A minute fraction of light is reflected from each point along the fiber. The system measures the reflected light to determine the strain, temperature, pressure, and other quantities over hundreds of kilometers of fiber with sub-meter resolution.

The funding round was led by New York-based global private equity and venture capital firm Insight Partners, with participation from SE Ventures (Schneider Electric's venture capital arm) and Future Energy Ventures, the venture capital investment and collaboration platform of E.ON. This brings the total funding raised by Prisma Photonics to over $30 million. The company's earlier investors include i3 Equity Partners and Chione Switzerland.

Prisma Photonics customers manage thousands of kilometers of infrastructures, among them New York Power Authority, Israeli Natural Gas Lines, Israel Electric Corporation and other tier-1 utility operators). 

"With the demand for energy on the rise, utility operators find it harder to keep their assets operating smoothly and safely. It is a challenge to monitor and maintain these long infrastructures," said Dr. Eran Inbar, Prisma Photonics CEO. "Our Machine Learning based solutions are unique as we address this huge scale challenge with ease and accuracy. The investment is a vote of confidence from Insight Partners and a first of its kind in a new domain of critical infrastructure management."

U.S. Space Force taps Space Micro for GEO lasercom erminals

The U.S. Space Force awarded a contract to Space Micro Inc. to build a GEO-capable µLCT secure laser communications terminal that could be used as an OISL (Optical Inter-Satellite Link), a spacecraft to ground link, or a spacecraft to UAV link. 

This new award builds on an initial development contract the U.S. Air Force issued to Space Micro in 2019. This initial contract and subsequent modifications provided funding for Space Micro to update the current µLCT design specifically for this mission and to provide communications interoperability to existing systems. Space Micro delivered an engineering model to Space Force in late 2021.The µLCT Space Micro will deliver to Space Force under this contract will be a 10 cm system capable of providing full duplex GEO to GEO crosslinks at 40,000 km.

"Space Micro continues to model what successful private and public partnerships can look like, and how impactful they can be not only for our own capabilities, but the broader industry as a whole" said Matthew Kuta, President and COO, Voyager. "We're so proud to see the team's hard work continue to be recognized."

  • Space Micro recently announced an award from the Space Development Agency for a 24-month development contract for advanced one-to-many optical communications using Managed Optical Communication Array (MOCA) technology to support Low Earth Orbit (LEO) constellations. Space Micro was also selected by AFWERX, a U.S. Air Force Organization that works with commercial tech firms, to develop an air-to-space laser communications pod that could be deployed on military aircraft or unmanned drones to provide in-flight connectivity.

Monday, April 4, 2022

AMD to acquire Pensando for its DPU + software stack

AMD agreed to acquire Pensando, a Silicon Valley start-up offering a software-defined edge services platform powered by a custom packet processor, for approximately $1.9 billion before working capital and other adjustments. 

Pensando ("thinking" in Spanish) is led by Cisco’s legendary “MPLS” team — Mario Mazzola, Prem Jain, Luca Cafiero, Soni Jiandani and Randy Pond. Its platform is designed to accelerate networking, security, storage and other services for cloud, enterprise and edge applications. Its architecture leverages the programmable packet processor distributed throughout a network to efficiently accelerate multiple infrastructure services simultaneously, offloading workloads from the CPU and increasing overall system performance. The company says it can achieve between 8x and 13x greater performance compared to competitive solutions.

Pensando claims multiple deployments at scale across cloud and enterprise customers, including Goldman Sachs, IBM Cloud, Microsoft Azure and Oracle Cloud. 

“To build a leading-edge data center with the best performance, security, flexibility and lowest total cost of ownership requires a wide range of compute engines,” said Dr. Lisa Su, AMD chair and CEO. “All major cloud and OEM customers have adopted EPYC processors to power their data center offerings. Today, with our acquisition of Pensando, we add a leading distributed services platform to our high-performance CPU, GPU, FPGA and adaptive SoC portfolio. The Pensando team brings world-class expertise and a proven track record of innovation at the chip, software and platform level which expands our ability to offer leadership solutions for our cloud, enterprise and edge customers.”

“We are excited to join the AMD family. Our shared cultures of innovation, excellence and relentless focus on partners and customers make this an ideal combination. Together, we have the talent and tools to deliver on our customers’ vision for the future of computing,” said Pensando CEO Prem Jain. “In less than five years Pensando has assembled a best-in-class engineering team that are experts in building systems together with a rich, deep ecosystem of partners and customers who have currently deployed over 100,000 Pensando platforms into production. Joining together with AMD will help accelerate growth in our core business and enable us to pursue a much larger customer base across more markets.”

“Industry leadership is based on catching business model disruptions enabled by new technologies,” said John Chambers, chair of the board of Pensando. "Pensando is built upon strong customer relationships and a solution that is at least two years ahead in cloud, edge and enterprise. For example, the performance and scale of Pensando’s distributed services platform is 8x-13x of the largest cloud provider and uses less power. Pensando’s smart switching architecture has 100x the scale, 10x the performance at one-third the cost of ownership of any comparable products in the enterprise market.  Pensando’s leadership position in software-defined cloud, compute, networking, security and storage services as part of the much larger AMD portfolio is in my opinion a perfect fit to shape the data center computing landscape for the next decade.”

CEO Prem Jain and the Pensando team will join AMD as part of the Data Center Solutions Group, led by AMD Senior Vice President and General Manager Forrest Norrod. Pensando will remain focused on executing their product and technology roadmaps, now with additional scale to accelerate their business and address growing market opportunities across a broader number of customers.

Pensado emerges from stealth, led by "MPLS" team from Cisco

Pensando Systems, a start-up based in San Jose, California, emerged from stealth to unveil its first product -- a software-defined edge services platform that was developed in collaboration with the world’s largest cloud, enterprise, storage, and telecommunications companies.

Pensando ("thinking" in Spanish) is led by Cisco’s legendary “MPLS” team — Mario Mazzola, Prem Jain, Luca Cafiero, Soni Jiandani and Randy Pond. Hewlett Packard Enterprise and Lightspeed Venture Partners led a Series C round to raise up to $145 million in funding. This will bring the total amount raised to $278 million after an earlier founder-led series A round of $71 million, and a customer-led series B round of $62 million. Cited customers, investors, and partners including HPE, Goldman Sachs, NetApp, and Equinix.

The Pensando platform is a custom programmable processor optimized to execute a software stack delivering cloud, compute, networking, storage and security services wherever data is located, all managed via its Venice Centralized Policy and Services Controller. The platform delivers highly programmable software-defined cloud, compute, networking, storage, and security services wherever data is located.

The platform promises an improved security posture through distributed network protection and east-west security. It offloads networking and security functions at wire speed to dedicated accelerators, and it is designed to scale to > 1000 tenants per server and >1M routes.

The company claims its capability means that cloud providers can now gain a technological advantage over the current market leader, Amazon Web Services Nitro, delivering 5-9x improvements in productivity, performance, and scale when compared to current architectures with no risk of lock-in.

The portfolio includes:

  • Naples 100 and Naples 25 cards for installation in standard servers. The Naples Distributed Services Card (DSC) delivers high-performance cloud, compute, networking, storage and security functions. 
  • Venice Centralized Policy and Services Controller - Centrally-managed enterprise-grade security and visibility at every level of the stack enables seamless distribution of all infrastructure services policies to active Naples nodes. In addition, Venice handles lifecycle management such as deploying in-service software upgrades to Naples nodes and delivers always-on telemetry, deep end-to-end observability, and operational simplicity across the environment. 
Pensando also announced that Mark Potter, chief technology officer of Hewlett Packard Enterprise (HPE), and Barry Eggers, a partner of Lightspeed Venture Partners, joined the board of directors, with John Chambers, CEO of JC2 Ventures, leading as chairman.

Are next-gen SmartNICs gaining traction with top cloud providers? this video, Prem Jain, co-founder and CEO of Pensando, discusses SmartNIC adoption trends by major cloud providers. Hot topics include bare-metal-as-a-service acceleration and virtualized storage. For more insights from industry thought leaders check out:'s Project Monterey for SmartNICs - Pensando's perspectiveWednesday, September 30, 2020  Pensando, SmartNICs  Pensando...

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AMD completes acquisition of Xilinx

AMD completed its previously-announced  acquisition of Xilinx in an all-stock transaction. Xilinx stockholders received 1.7234 shares of AMD common stock and cash in lieu of any fractional shares of AMD common stock for each share of Xilinx common stock.AMD expects the acquisition to be accretive to non-GAAP margins, non-GAAP EPS and free cash flow generation in the first year.Former Xilinx CEO Victor Peng will join AMD as president of the newly...

Xilinx looks beyond FPGAs with Adaptive Compute Acceleration Platform

At its second annual Xilinx Developer Forum (XDF) in San Jose, Xilinx unveiled strategic moves beyond its mainstay field-programmable gate array (FPGAs) with the introduction of its own accelerator line cards and, more significantly, a new Adaptive Compute Acceleration Platform (ACAP). Xilinx, which got its start in 1984 and now sells a broad range of FPGAs and complex programmable logic devices (CPLDs), is transforming itself into a higher-value...

Xilinx to acquire Solarflare for SmartNIC solutions

Xilinx agreed to acquire Solarflare Communications, a provider of high-performance, low latency networking solutions for customers spanning FinTech to cloud computing. Financial terms were not disclosed. Xilinx said the acquisition enables it to combine its FPGA, MPSoC and ACAP solutions with Solarflare's ultra-low latency network interface card (NIC) technology and Onload application acceleration software. The target is new converged SmartNIC solutions,...

Friday, April 1, 2022

GRC raises $28 million for data center immersion cooling

GRC (Green Revolution Cooling) announced $28 million in Series C funding for its single-phase immersion cooling for data centers. GRC is based in Austin, Texas, and was founded in 2009.

The latest investment round was led by South Korea-based SK Lubricants. This most recent equity investment brings the company’s total funding to date to $43 million.

GRC cited a number of milestones over the past year, including a collaboration with Intel, significant end-user deployments with GRC Global Alliance Partners Dell and Vertiv in the financial services, telecommunications, and HPC sectors, the establishment of a UK subsidiary, installation of its ICEraQ Series 10 at the Texas Advanced Computing Facility, its recently initiated pilot program allowing data center operators to take liquid immersion cooling for a test drive, and last year’s launch of the first annual Liquid Immersion Cooling Awareness Month.  

“As the AI, the VR and the self-driving industries are gaining traction, the high-density data center market is expected to grow dramatically,” said Cha Gyu-tak, CEO of SK Lubricants. “Not only will this equity investment in GRC maximize cooperation between the two companies, it will also help accelerate broader adoption of liquid immersion cooling by data centers and position us to be the first mover in the market, while helping us grow into a liquid-based thermal management solution provider.”

Wednesday, March 30, 2022

LayerZero Labs raises $135M for decentralized omnichain interop protocol

LayerZero Labs raised $135 million for its decentralized omnichain interoperability protocol which could be used to accelerate the development of cross-chain decentralized applications (dApps).

The idea is to build high-throughput applications, like gaming, NFT marketplaces and media apps, on cost-effective blockchains. 

The funding round was co-led by Sequoia Capital, FTX Ventures and Andreessen Horowitz and with participation from Coinbase Ventures, PayPal Ventures, Tiger Global, and Uniswap Labs, This funding round values LayerZero Labs at $1 billion.

The company reports very significant traction:

Following the beta launch of LayerZero, the LayerZero Labs team recently launched Stargate, a cross-chain liquidity transfer protocol built on LayerZero’s generic messaging. Stargate solves a holy grail problem called the Bridging Trilemma and enables cross-chain liquidity transfer in native assets, with unified liquidity and instant guarantee of finality. 

The team believes Stargate will be integral to any application that wants to move cryptocurrency across blockchains. In just 10 days post-launch, Stargate has surpassed $3.4B in assets secured, and Stargate has sent over $264M in transfers over LayerZero. Building off this momentum, LayerZero Labs will focus on integrating the LayerZero protocol with Non-EVM blockchains (Solana, Terra, etc.) while building a community of cross-chain DeFi protocols and dApps powered by LayerZero & Stargate.

“This round is a massive step forward for LayerZero Labs and the unfolding interoperability landscape. We’ve brought some of the best and most well respected entities in the world together to accomplish the same goal: create the generic messaging layer that underpins all interoperability between blockchains,” said Bryan Pellegrino, CEO and co-founder, LayerZero Labs.

“LayerZero unlocks a future of blockchains without borders. Users will interact with omnichain dApps that exist on multiple blockchains. These dApps will seamlessly communicate over LayerZero without the user even realizing it,” said Ryan Zarick, CTO and co-founder, LayerZero Labs.