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

Thursday, November 7, 2019

DOCOMO invests in Metawave for 5G beamsteering

NTT DOCOMO Ventures has made an equity investment in Metawave, a start-up based in Palo Alto, California that is developing an analog beamsteering radar platform and 5G platforms which consist of active repeater and passive relay technologies. Financial terms were not disclosed.

DENSO, the world’s second-largest mobility supplier, led the funding round, and other investors included Mirae Asset Capital, and existing investors including BOLD Capital Partners.

Metawave is working on the extension of 5G radio coverage beyond line of sight from cell towers. 5G utilizes millimeter waves (mmWave) with higher frequencies and shorter wavelengths, which require innovative and advanced analog antenna technology to expand the radio coverage. Metawave’s passive relays are beautifully designed “smart mirrors” that bend and direct signals in areas of lower coverage.

NTT DOCOMO successfully conducted a 5G trial using 28GHz trial site and the passive relays utilizing Meta-structure antenna technologies in November 2018 .

As for the radar platform, Metawave is mainly focusing on the automobile industry.

“To be able to work on innovative hardware, system, software, and AI platforms in such high-growth markets is exciting and challenging,” said Maha Achour, founder and CEO of Metawave. “When I see our automotive partners excited about our radar capabilities and telecom customers demonstrating impressive results using our 5G solutions, I’m inspired and proud to lead a fearless team who has been delivering incredible results in less than 18 months from opening our development center in Carlsbad. Consumer expectations and business demands are increasing with the advent of new technologies, especially in mobility and connectivity, and being able to work closely with 5G and automotive leaders helps us visualize the future and continuously adapt as roads become safer and people strive to be more productive.”

https://www.nttdocomo-v.com/en/release/ecux5rkb7y/


Monday, November 4, 2019

Volterra unveils distributed cloud platform for apps

Volterra​, a start-up based in Santa Clara, California, emerged from stealth to unveil its distributed cloud platform for deploying and managing applications. The SaaS-based offering integrates a broad range of services that have normally been siloed across many point products and network or cloud providers.

Volterra has raised over $50 million in funding to date from Khosla Ventures, Mayfield and M12 (Microsoft’s venture fund), as well as a growing set of strategic investors/partners including Itochu Technology Ventures and Samsung NEXT. Volterra said it now has 100+ engineers and 30+ global customers.

The cloud-native environment can be deployed across multiple public clouds and edge sites. Key capabilities include:

  • Fleet-wide management of distributed applications and data across heterogeneous infrastructure
  • Globally distributed control plane with Kubernetes APIs for application orchestration and multi-layer security for workloads and data
  • Comprehensive compute, storage, networking and security for distributed edge locations
  • Secure, high-performance global connectivity across edge sites, private clouds and multi-cloud


Key elements of the offering are:

  • VoltStack deploys and manages distributed applications across multiple clouds or edge sites using industry standard Kubernetes APIs
  • VoltMesh delivers high performance networking and zero-trust security between multiple clouds and edge sites
  • Volterra Console​ is a management console for deploying and operating distributed applications at a global scale with centralized control and observability


http://www.volterra.io​

Sunday, October 27, 2019

Qualcomm Ventures targets 5G Ecosystem Fund

Qualcomm Ventures launched a global 5G Fund, which will invest up to $200M over the next 4-5 years in startups helping build the 5G ecosystem.

The fund was announced at Qualcomm Ventures’ 15th annual CEO Summit, which was held last week in San Diego.

“5G will transform industries and should be viewed as a business strategy for all,” said Steve Mollenkopf, CEO of Qualcomm Incorporated. “The intent of this fund is to fuel innovative 5G businesses that will be poised to take advantage of the $13.2T economic benefit that 5G will enable by 2035.”

Last year, Qualcomm announced the launch of the Qualcomm Ventures AI Fund, with a focus on investing in innovative startups using on-device AI.

https://www.qualcomm.com/news/releases/2019/10/24/qualcomm-launches-200m-5g-investment-fund

Monday, October 21, 2019

ModelOp targets AI-based model operations in large enterprises

ModelOp, formerly Open Data Group (ODG), has relaunched with a focus on AI-based model operations in large enterprises. The idea is to integrate data science and machine learning with enterprise applications that use the models’ predictions to automate and improve decisions like credit scoring, fraud detection, bond trading, customer retention, manufacturing operations, supply chain optimization, ecommerce sales, ad conversions, etc.

The company was founded 2016 by Pete Foley and Stu Bailey, who previously worked together at Infoblox, where they pioneered a new category of IT infrastructure, leading to a successful IPO in 2011 and an acquisition of the company by Vista Equity for $1.6B in 2016.  Prior to co-founding Infoblox, Bailey as the technical lead at the National Center for Data Mining, worked closely with the pioneers of data science. Foley previously served as CEO at Port Authority (acquired by Websense) and Ring Cube (acquired by Citrix), and as chairman of Graphite Systems (acquired by EMC).

The company describes DS/ML models as a new kind of software because they are probabilistic and must be “trained” using large quantities of data.  Over time, DS/ML models decay, producing degraded results unless they’re re-trained or re-written. The practice of Model Operations must address the release, activation, monitoring, performance tracking, management, reuse, maintenance and governance of the AI and ML models. 

“We got ahead of the market when we started this venture, convinced that the unique characteristics of data science and machine learning (DS/ML) models would require new organizational and technical approaches in order to realize their value, especially within large enterprises” said Pete Foley, CEO of ModelOp.  Foley continued, “Our expanding customer base, and the level of activity we are seeing in the industry overall strongly validates our vision and makes us extremely excited for this next phase of growth.”  ModelOp’s customers include five of the top 10 largest financial institutions, as well as Fortune 500 manufacturers, insurers, and credit bureaus.

ModelOp has offices in Chicago, IL and San Jose, CA.

Sunday, October 20, 2019

SK Telecom invests in Switzerland's ID Quantique

SK Telecom has made an equity investment in ID Quantique, a start-up based in Switzerland that is developing quantum cryptography.

The European Union has launched a 3-year European research project, named Open Quantum Key Distribution (OPENQKD), that will install test quantum communication infrastructures in several European countries. It will boost the security of critical applications in the fields of telecommunication, finance, health care, electricity supply and government services. The project will lay the groundwork for a pan-European quantum communication infrastructure that uses satellite as well as ground-based solutions. For this €15 million project, the European Union has selected 38 companies and research institutes across the continent, including ID Quantique, Deutsche Telekom, Orange and Nokia.

Since establishing Quantum Tech Lab in 2011, SK Telecom has been making aggressive efforts to develop quantum cryptography technologies to enhance the safety and security of its mobile networks. In March 2019, the company has applied ID Quantique’s Quantum Random Number Generator (QRNG) to its 5G authentication center (AuC) to prevent hacking and ensure quantum-safe security. It has also applied ID Quantique’s Quantum Key Distribution (QKD) technology to the Seoul-Daejeon section – the most data traffic-concentrated section in Korea - of its 5G and LTE networks, to strengthen the security of 5G and LTE data transmission and reception.

“In the 5G era, security will become increasingly important as all connected things will generate data,” said Park Jin-hyo, the Chief Technology Officer of SK Telecom. “SK telecom will make continued investment in quantum cryptography communication technologies to secure the world’s top competitiveness in this area.”

SK Telecom applies Quantum Cryptography to network security

SK Telecom has applied a Quantum Random Number Generator (QRNG) developed by ID Quantique of Switzerland to its 5G authentication center (AuC). QRNG is a device that constantly generates “quantum random numbers,” which creates strong keys that are not biased and cannot be predicted. SK Telecom said it plans to apply the same quantum random number technique to its 4G network as well.

Next month, SK Telecom will also apply ID Quantique’s Quantum Key Distribution (QKD) technology to the Seoul-Daejeon section – the most data traffic-concentrated section in Korea - of its 5G and LTE networks, to strengthen the security of 5G and LTE data transmission and reception. QKD provides ultimate cryptographic security based on the laws of quantum mechanics. It enables two parties to produce a shared random secret key known only to them, which can then be used to encrypt and decrypt messages.

SK Telecom invested US$65 million in ID Quantique in February 2018.

SK Telecom also noted its pivotal role in global standardization of QKD and QRNG technologies at ITU-T. In February 2019, SK Telecom’s two new technologies related to QKD have been selected as work items by ITU-T’s Study Group 17 (SG17), which coordinates security-related work across all ITU-T Study Groups. Combining these two work items with the two on-going work items on QKD and QRNG technologies it proposed in July 2018, SK Telecom is currently leading a total of four meaningful work items in SG 17. In addition, Sim Dong-hi, a delegate from SK Telecom,  is serving as associate-rapporteur on quantum technology in SG17.

“As security emerges as one of the most important issues in the 5G era, SK Telecom is determined to provide the most secure 5G network and focus on expanding the ecosystem by developing quantum cryptography technologies,” said Park Jin-hyo, the Chief Technology Officer of SK Telecom.

Wednesday, October 16, 2019

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. 

 “In less than 3 years we’ve assembled a best in class engineering team that are experts in building systems for the cloud, compute, networking, storage and security markets” said Prem Jain, CEO of Pensando Systems. “As a customer and partner first company we are focused on accelerating all aspects of our business as we go to market with a great ecosystem and a breakthrough platform.”

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.

“It gives me great pleasure to welcome two new members to the Pensando board,” said John Chambers, Chairman of the Pensando Board of Directors. “I look forward to working closely with Mark and Barry as we focus on accelerating our operations and go-to-market activities.”

http://pensando.io

Tuesday, October 15, 2019

Neat builds video conferencing bar for Zoom

Neat, a start-up based in Oslo, Norway, launched its portfolio of meeting room systems designed for Zoom Video Communications.

Neat Bar has a dedicated controller and optional scheduling display and costs $2,500.

"We've combined Zoom’s excellent software team with our world-class hardware design team to deliver meeting room systems that are so radically simple, they always work,” said OJ Winge, Neat Chairman. “What Zoom has done for meetings, Neat and Zoom together will do for meeting rooms. We will make video available everywhere.”

Zoom has made a strategic investment in Neat. Through joint development and a shared roadmap, Neat has designed and developed the Neat Bar and Neat Board for Zoom.

"Keeping our customers happy remains our number one focus," said Eric S. Yuan, Zoom CEO. "Zoom's financial and engineering investment in Neat confirms our belief that its technological capabilities perfectly match our own. It enables us to accelerate our pace of innovation. Together, our teams are uniquely positioned to give Zoom users better meeting room experiences."

“The partnership between Zoom and Neat is a complete game-changer for the video collaboration industry,” said Rowan Trollope, CEO, Five9, Inc. “Zoom Meetings and Zoom Phone have fast become the communications solution of choice for our team. Neat’s video systems were designed from the ground up to deliver an exceptionally easy-to-use, high-quality experience, making Neat the obvious choice for Five9’s global Zoom Rooms deployment.”

Thursday, October 3, 2019

OSARO raises $16M for industrial automation

OSARO, a start-up based in San Francisco, raised $16 million in Series B funding for its machine learning software for industrial automation.

The company’s flagship product, OSARO Pick, automates stationary picking stations in “goods to robots” distribution centers. OSARO’s robotic piece-picking software has improved performance and efficiency in e-commerce order fulfillment and intralogistics for multiple customers, including top material handling companies. OSARO plans to expand into handling order fulfillment in electronics, apparel, groceries, pharmaceuticals, and many other industries.

The investment round included participation from King River Capital (KRC), Alpha Intelligence Capital, Founders Fund, Pegasus Tech Ventures, GiTV Fund, and existing investors as well as strategics. This brings total funding for the company to $29.3 million. According

“A key element of our competitive advantage is OSARO Vision’s deep learning algorithms,” said CEO Derik Pridmore. “These algorithms generalize picking tasks with minimal training data and no SKU registration for quick, scalable solutions. In addition, as a software company, we support a wide array of commodity hardware and robotic arms which lets our customers select options that best fit their needs.”

OSARO also announced that Kevin Pope has joined as VP of Engineering. With 30 years’ experience in high-tech product development, he led engineering teams at Applied Digital Access, Mahi Networks, and Calix. Pope will support the company in scaling their AI-based robotic picking solutions worldwide.

http://www.osaro.com

Wednesday, September 25, 2019

Bigleaf raises $21 million for its SD-WAN

Bigleaf Networks, a start-up based in Beaverton, Oregon, announced $21 million in Series B funding for its cloud-first SD-WAN.

Bigleaf says that while current networking technologies have been built for the large enterprise use-case of site-to-site networking, there is a gap for SMB and mid-sized companies seeking SD-WAN solutions.

Bigleaf is exclusively focused on partner-led channels, including telecom operators.

The funding round was led by Updata Partners with participation from the Oregon Venture Fund, SeaChange Fund, and other existing investors.

https://www.bigleaf.net

Thursday, September 19, 2019

128 Technology raises $30M for smart session routing

128 Technology, a start-up based in Burlington, Massachusetts, closed $30 million in Series D financing for its "Session Smart" Routing technology.

“The latest round of funding comes at a pivotal time for 128 Technology, when we’re seeing higher than ever demand for our session-based, service-centric networking approach,” said Andy Ory, CEO of 128 Technology. “As virtualization and cloud are shaping our connected future, 128 Technology’s approach offers users a simple, agile solution and helps enterprises manage their networks efficiently and securely.”

“Andy Ory and his rapidly growing 128 Technology team have disrupted the multi-billion-dollar market for traditional networking by delivering proven, next generation network services that give customers freedom from increased risks, unnecessary costs and vendor lock-in,” said Sonja Hoel Perkins, Managing Director, The Perkins Fund. “As companies around the globe continue to invest in solutions that meet the demands for a new model of virtual networking, 128 Technology has created a large, untapped market opportunity.”

Existing investors all participated in the oversubscribed round, including executive management and current employees of 128 Technology, G20 Ventures, The Perkins Fund and individual investors. The company has raised $97.4 million to date.

Sunday, September 15, 2019

DOCOMO invests in RAFAY for Kubernetes federation

NTT DOCOMO Ventures has made an equity investment in RAFAY SYSTEMS, a start-up developing a unique lifecycle management system for containerized applications.

RAFAY builds on top of Kubernetes to deliver multi-cluster federation, runtime configuration updates, and cluster and application blueprinting.

The investment was part of an $8 million Series A round that was led by Ridge Ventures and also included Costanoa Ventures and Moment Ventures. The company previously raised $4.1m in seed funding. RAFAY says its solution enables service providers to securely and scalably distribute and operate applications in any environment while reducing reliance on resource-intensive, in-house developed tools.

RAFAY is based in Sunnyvale, CA and led by CEO and Cofounder, Haseeb Budhani.

“Kubernetes is a crucial innovation that has fast-tracked the industry’s adoption of containerized applications running in any cloud, hybrid or edge environment,” said Haseeb Budhani, CEO and Cofounder, Rafay Systems. “But Kubernetes presents a steep learning curve to companies embarking on app modernization journeys. At Rafay, we are on a mission to make Kubernetes easy to consume by any company, regardless of how far along they are on their journey. The Rafay platform empowers DevOps teams to focus on their business critical software development instead of building and maintaining complex internal tools.”

Thursday, September 12, 2019

Trifacta Raises $100m for "data wrangling" cloud preparation software

Trifacta, a start-up based in San Francisco, announced $100 million in funding for its "data wrangling" solutions.

Trifacta’s data wrangling platform provides a self-service approach to cleaning and preparing data.

Trifacta claims more than 10,000 organizations using its platform, including IQVIA, Visa, Autodesk, Kaiser Permanente, BNSF, PepsiCo, Stanley Black & Decker, Franklin Templeton, Sumitomo Banking Corporation, New York Life and The Commonwealth Bank of Australia, rely on Trifacta to democratize data wrangling.

New investors in this round included Telstra Ventures, Energy Impact Partners, NTT DOCOMO Ventures, BMW iVentures and ABN AMRO Digital Impact Fund. It also includes additional investment from existing investors including Accel Partners, Cathay Innovation, Google, Greylock Partners, Ignition Partners, and Infosys.

“For the last decade, companies have been trying to become more data driven, but most organizations have done little to enable people to get past all of the data friction that prevents them from asking and answering the most interesting questions,” said Adam Wilson, CEO at Trifacta. “By automating complex data engineering tasks and enabling increased levels of self-service, Trifacta ensures organizations can harness the collective intelligence of their teams and make everyone a data hero.”

https://www.trifacta.com

Wednesday, September 4, 2019

Federated Wireless raises $51M for CBRS spectrum management

Federated Wireless, a start-up based in Arlington, Virginia, announced $51 million in Series C funding for its Citizens Band Radio Service (CBRS) spectrum management services.

Federated Wireless highlighted its role in the development of CBRS, including:

  • Co-founding the CBRS Alliance
  • Being the first to complete deployment of a nationwide Environmental Sensing Capability (ESC) network
  • Readying multiple customers to deliver CBRS services using its Spectrum Controller (Spectrum Access System or SAS) when commercial services begin this month

The latest funding included contributions from existing investors Allied Minds, American Tower and GIC, Singapore’s sovereign wealth fund, in addition to new investors Pennant Investors and SBA Communications. The

“We passed all of the major hurdles on the road to CBRS deployment in the first half of 2019 and we are fully ready to engage the growing number and types of customers clamoring for access to shared spectrum services,” said Iyad Tarazi, President and CEO of Federated Wireless. “I would like to thank Allied Minds, American Tower, GIC, Pennant Investors and SBA Communications for their support and alignment with our vision for this truly unique opportunity. This funding will propel us, and by extension the CBRS industry as a whole, to new heights, helping us to ensure that we are able to not only meet but exceed the needs of the customers and partners who have collaborated so closely with us to make this vision a reality.”

http://www.federatedwireless.com

Thursday, August 22, 2019

Tibit raises $25M for 10G PON Microplug

Tibit Communications, a start-up based in Petaluma, California, announced the completion of the Series B funding led by Intel Capital and including two new investors – Swisscom Ventures and AJU IB Investment.

Tibit's MicroPlug OLT is a network access device for 10-Gigabit optical networking that reduces the amount of application-specific hardware needed for network deployments.The company says its standard-based SFP+ form factor allows the device to plug into almost any 10G switch port, greatly expanding architecture options for carriers. All this is enabled by the Tibit bridge ASIC, which supports a rich feature set across both ITU-T and IEEE 10G PON standards.

"Tibit's MicroPlug OLT and cloud-based management solutions disrupt the PON market in specifically the areas that carriers are looking to unlock on their networks – interoperability, solution disaggregation, and network virtualization. We see their solution as uniquely positioned to help carriers enable next-generation architectures for access and management solutions," according to Pär Lange of Swisscom Ventures.

"We are pleased with the caliber of investors we have attracted to invest in our revolutionary pluggable PON technology," said Richard Stanfield, President and CEO of Tibit. "This includes the Series B participation of Tibit's existing investors, Intel Capital's lead role in this round, and now the entry of the investment arm of global telecommunications leader Swisscom Ventures and Korea's leading venture capital investor AJU IB Investment."

Dave Flanagan, vice president of Intel Corp. and senior managing director of Intel Capital, states that "the Tibit MicroPlug technology is a great example of the power of virtualization. It provides more flexibility, higher density and lower cost by deploying PON in general-purpose Ethernet switching equipment and management solutions, which can be entirely virtualized on Intel® processor-based servers."

The funding round was led by Intel Capital. TiBit was founded in 2014.

http://tibitcom.com/

Monday, August 19, 2019

Cerebras Wafer Scale Engine packs 1.2 trillion transistors

Cerebras, a start-up based in Los Altos, California, unveiled its Wafer Scale Engine - a record-setting AI processor boasting a die size of 46,225 square millimeters and containing more than 1.2 trillion transistors. The chip is 56X larger than the largest graphics processing unit and contains 3,000X more on-chip memory.

Key specs

  • 400,000 Sparse Linear Algebra (SLA) cores
  • 18GB on-chip SRAM, all accessible within a single clock cycle, and provides 9 PB/s memory bandwidth. 
  • 100 Pb/s interconnect bandwidth in a 2D mesh
  • Manufactured by TSMC on its 16nm process technology

The SLAC cores are flexible, programmable, and optimized for the sparse linear algebra, which underpins neural network computation. The cores are linked together with a fine-grained, all-hardware, on-chip mesh-connected communication network called Swarm.

“Designed from the ground up for AI work, the Cerebras WSE contains fundamental innovations that advance the state-of-the-art by solving decades-old technical challenges that limited chip size—such as cross-reticle connectivity, yield, power delivery, and packaging,” said Andrew Feldman, founder and CEO of Cerebras Systems. “Every architectural decision was made to optimize performance for AI work. The result is that the Cerebras WSE delivers, depending on workload, hundreds or thousands of times the performance of existing solutions at a tiny fraction of the power draw and space.”

The Cerebras product unveiling occurred at this week's Hot Chips Conference at Stanford University.

http://www.cerebras.net

Rivermeadow raises funding for its multi-cloud migration solution

Rivermeadow Software, a start-up based in Los Gatos, California, announced a secondary investment from CloudScale Capital Partners.

RiverMeadow provides an integrated, end-to-end multi-cloud migration platform and services to reduce the time, cost and risk associated with moving physical, virtual and cloud-based workloads into and between public, private and hybrid clouds. The solution encompasses discovery, assessment, cloud migration, and optimization.

In addition, Matt Bross has joined  RiverMeadow’s Technical Advisory Board.

https://www.rivermeadow.com

Tuesday, August 13, 2019

Clumio raises $51 million for enterprise backup SaaS

Clumio, a start-up based in Santa Clara, California, announced $51 million in venture funding for its SaaS for enterprise backup.

Clumio's newly launched service helps enterprises eliminate hardware and software for on-premise backup and avoid the complexity and cost of running 3rd party backup software in the cloud. The solution protects on-premise, VMware Cloud for AWS, and native AWS service workloads.

Clumio was founded in 2017 by serial entrepreneur Poojan Kumar, co-founder and former CEO of PernixData (acquired by Nutanix, alongside Woon Ho Jung and Kaustubh Patil.

The $51 million in funding was received over two rounds: A Sutter Hill Ventures-led Series A round and a Series B round driven by Index Ventures with significant participation from Sutter Hill Ventures. Several individuals experienced at investing in disruptive technologies also participated including, Mark Leslie, founder of Veritas Technologies, and John Thompson, chairman of the board at Microsoft.

“Enterprise workloads are being ‘SaaS-ified’ because IT can no longer afford the time, complexity and expense of building and managing heavy on-prem hardware and software solutions if they are to successfully deliver against their digital transformation initiatives,” said Poojan Kumar, Clumio co-founder and CEO. “Unlike legacy backup vendors, Clumio SaaS is born in the cloud. We have and can leverage the most secure and innovative cloud services available, now and in the future, within our service to ensure that we can meet customer requirements for backup, regardless of where the data is.”

http://www.clumio.com

Sunday, August 11, 2019

DOCOMO invests in WSC Sports for AI-powered analytics

NTT DOCOMO Ventures has made an equity investment in W.S.C. Sports Technologies Ltd., a startup based in Israel that provides a platform capable of automatically creating sports video highlights in near real-time by utilizing AI and machine learning technologies to distribute to all sorts of digital media. Financial terms were not disclosed.
WSC Sports’ AI platform analyzes audio, video and data in a live broadcast and not only identifies each and every event that occurs in the game but also creates and distributes short-form videos by any parameter, such as players and scenes selected, to any digital destination.

In 2018, WSC Sports analyzed more than 17,000 sporting events and produced more than 850,000 videos.

Tuesday, July 30, 2019

Confluera raises $9m for cybersecurity

Confluera, a start-up based in Palo Alto, California, announced $9 million in Series A funding for its cybersecurity solutions.

Confluera aims to turn security analysts into cyber defenders by enabling them to stop breaches in real time. Confluera is Co-Founded by Abhijit Ghosh, Niloy Mukherjee, and Bipul Sinha. Ghosh has a background in networking, sec

The funding round was led by Lightspeed’s Founder & Managing Partner Ravi Mhatre with significant participation by John W. Thompson, former CEO of Symantec and Chairman of Microsoft; Frank Slootman, former CEO of ServiceNow; and Lane Bess, former CEO of Palo Alto Networks.

Confluera's founding team includes:

  • Abhijit Ghosh, Co-founder and CEO – Engineering Leader Juniper Networks, Azanda Networks, and Siemens;
  • Niloy Mukherjee, Co-founder and Chief Architect – Lead Architect Oracle In-Memory Database and LinkedIn Distributed Data Systems;
  • Bipul Sinha, Co-founder and Chairman – Co-Founder & CEO Rubrik, Founding investor/Board Member Nutanix, and engineering at Oracle.


https://www.confluera.com/


Tuesday, July 23, 2019

Arrcus scales out with Broadcom's Jericho2, raises $30m in Series B

Arrcus, a start-up that offers a hardware-agnostic network operating system for white boxes switches, announced multiple high-density 100GbE and 400GbE routing solutions for hyperscale cloud, edge, and 5G networks.

The company says its ArcOS software architecture has the foundational attributes to scale-out to an open aggregated routing solution, enabling operators to design, deploy, operationalize, and manage their infrastructure across multiple domains in the network.

"Our mission is to democratize the networking industry by providing best-in-class software, the most flexible consumption model, and the lowest total cost of ownership for our customers; we are now extending this by providing leading-edge open integration solutions for routing. ArcOS is the essential link to fully realize the unparalleled advancements in the 10Tbps Jericho2 SoC family and the resulting systems," Devesh Garg, co-founder and CEO of Arrcus.


The new ArcOS-based platforms, based on Broadcom’s 10Tbps, highly-flexible and programmable StrataDNX Jericho2 switch-router system-on-a-chip (SoC), include:

  • 24 ports of 100G + 6 ports of 400G
  • 40 ports of 100G
  • 80 ports of 100G
  • 96 ports of 100G

Key features enabled on these Jericho2-based platforms include:

  • Faster network speeds – up to 10 Tbps switching capacity, which delivers 5X the performance compared to previous generation of Jericho+
  • 4X increase in port density per chip compared to previous generation of Jericho+
  • Higher route table scale – up to 2.6M IPv4 routes (1.3M IPv6) on chip
  • Higher ACL scale of 96K with full IPv6 egress ACL support
  • Line-rate flow monitoring with sFlow® that enables real-time flow visibility at scale
  • Support for IPv4/IPv6/MPLS/Segment Routing forwarding
  • Open standards-based BGP Flowspec
  • Efficient, carrier-grade traffic management with scalable packet buffer memory
  • Visibility into HW resource utilization (ACLs, routes, etc.) to assist with traffic distribution
  • Selectable scale profiles with an ability to switch between profiles without a full system reboot
  • Arrcus is also announcing the availability of ArcIQTM, an AI-driven analytics platform for delivering real-time, transformational insights and telemetry at scale for a modern network operations center (NOC) solution.

In addition, Arrcus announced $30 million in Series B funding, bringing its total capital raised to date to $49 million.

The new funding was led by Lightspeed Venture Partners and included full participation from existing investors General Catalyst and Clear Ventures.

Arrcus, which is based in San Jose, California, was founded in 2016 by Broadcom and Cisco veterans, Devesh Garg, Keyur Patel, and Derek Yeung. Company advisors include:

  • Pankaj Patel, former EVP and CDO, Cisco
  • Amarjit Gill, serial entrepreneur who founded and sold companies to Apple, Broadcom, Cisco, EMC, Facebook, Google, and Intel
  • Kelly Ahuja, former SVP/GM, Service Provider Business, Cisco & presently CEO, Versa
  • Fred Baker, former Cisco Fellow, IETF Chair & Co-Chair, IPv6 Working Group
  • Farzad Nazem, former CTO, Yahoo
  • Rajiv Patel, ex-VP of Engineering, Juniper
  • Shawn Zandi, Director of Network Engineering, LinkedIn
  • Nancy Lee, CHRO of Lime, ex-VP of People, Google

http://www.arrcus.com

Broadcom's Jericho2 switch-routing chip boasts 10 Tbps capacity

Broadcom announced commercial availability of its Jericho2 and FE9600 chips, the next generation of its StrataDNX family of system-on-chip (SoC) Switch-Routers.

The Jericho2 silicon boasts 10 Terabits per second of Switch-Router performance and is designed for high-density, industry standard 400GbE, 200GbE, and 100GbE interfaces. Key features include the company's "Elastic Pipe" packet processing, along with large-scale buffering with integrated High Bandwidth Memory (HBM).

The new device is shipping within 24 months from its predecessor Jericho+., Jericho2 delivers 5X higher bandwidth at 70% lower power per gigabit.

In addition to Jericho2, Broadcom is shipping FE9600, the new fabric switch device with 192 links of the industry's best performing and longest-reach 50G PAM-4 SerDes. This device offers 9.6 Terabits per second fabric capacity, a delivers 50% reduction in power per gigabit compared to its predecessor FE3600.

“The Jericho franchise is the industry’s most innovative and scalable silicon used today in various Switch-Routers by leading carriers,” said Ram Velaga, Broadcom senior vice president and general manager, Switch Products. “I am thrilled with the 5X increase in performance Jericho2 was able to achieve over a single generation. Jericho2 will accelerate the transition of carrier-grade networks to merchant silicon-based systems with best-in-class cost/performance.”

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