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

Thursday, October 22, 2020

Telefónica bets on cybersecurity startups

Telefónica is launched a new investment vehicle to foster cybersecurity startups.

Telefónica Tech Ventures, which is promoted by Telefónica ElevenPaths cybersecurity company and Telefónica Innovation Ventures (TIV), aims to discover and support the most innovative ideas in cybersecurity. It begins operations with a group of nine invested cybersecurity startups selected from the portfolio of TIV and Wayra, Telefónica’s global open innovation hub. Over the next three years it also intends to invest in up to 15 startups, both early-stage and more mature ones, entering into series A, B and C and devoting the necessary resources to execute follow-ons in the best-performing startups.

The new investments will be geared towards startups with high disruptive potential in areas such as threat intelligence, cloud security, data protection and the application of automations and artificial intelligence in defence of any organisation, regardless of its size and the nature of the asset to be protected (e.g. its business, IT/OT processes, data, people, image or reputation). The focus of the investments will be on the strategic markets for Telefónica (Spain, Brazil, Germany and the United Kingdom) and other significant technological markets such as the United States and Israel, with an investment ticket of up to 6 million euros. Telefónica Tech Ventures will target startups that can complement the ElevenPaths product portfolio, integrate new capabilities into the company and even establish themselves as M&A opportunities.

“Since we created ElevenPaths eight years ago we’ve remained close to the entrepreneurial ecosystem and the hacking community and this new vehicle will enable us to get even closer”, declared Chema Alonso, chief digital consumer officer at Telefónica and current chairman of ElevenPaths. “It will be an opportunity for them not only to have Telefónica as an investor but also to turn us into a customer or even a business partner, thus providing them with the chance to develop their projects around the world”.




Tuesday, October 13, 2020

Alkira secures $54M for Cloud Services Exchange

 Alkira, a start-up based in San Jose, California, announced $54 million in Series B funding for its global network cloud delivered as-a-service.

Alkira's  Cloud Services Exchange (CSX) offers a simplified networking experience for on-premises, cloud, and multi-cloud environments with integrated network and security services, and full operational visibility and governance. The company was founded in 2018 by Amir and Atif Khan, who previously founded Viptela, an SD-WAN pioneer that was acquired by Cisco in 2017 for $610 million. 




The new funding was led by Koch Disruptive Technologies (KDT) with participation from Sequoia Capital, Kleiner Perkins, GV (formerly Google Ventures), and others. The company has now raised $76 million. to date. 

“Koch Industries is a significant customer to cloud providers, and we have seen first-hand how Alkira’s powerful and intuitive network simplifies a company’s transition to the cloud,” said Chase Koch, president of Koch Disruptive Technologies. “At Koch’s scale an agile, global, end-to end network is critical to our competitiveness and growth and we are excited to lead Alkira’s Series B investment.”

“Alkira has seen a tremendous response from customers and technology and GTM partners to deploy and deliver the Alkira Network Cloud. We are honored to have our Series B led by Koch, an early customer who deployed Alkira Cloud Services Exchange™ (CSX) and shares our vision to transform networking,” said Amir Khan, President, CEO and founder of Alkira. “Koch has entrusted Alkira to rebuild their cloud network backbone and expand their network infrastructure to multi-cloud. We are delighted to welcome Jason Illian to our Board, and to receive the ongoing support from Sequoia, Kleiner Perkins, and GV on this exciting journey.”

See video with Alkira founders: https://youtu.be/njxM65N0hjg



Monday, October 12, 2020

Rockley Photonics secures $50 million in funding

 Rockley Photonics, a start-up specializing in integrated optical chips and modules, has closed an additional $50 million of growth funding from leading deep-tech VCs, strategic investors, and institutional funds including Credit Suisse backed SIG-i Capital and Applied Ventures, the venture capital arm of Applied Materials, as well as existing shareholders. To date, Rockley has raised over $225 million of financing to develop its unique silicon photonics platform.

“It is testament to the strength of our technology and emerging market opportunities that we have attracted such a preeminent list of new investors to join many of our existing shareholders in this funding round,” said Andrew Rickman, chief executive officer, Rockley Photonics. “This round provides the funding for Rockley as it moves into the next exciting growth phase and develops next generation disruptive silicon photonics powered healthcare and wellness sensors and communications products for its Tier-1 customers.”

Rockley Photonics was founded by Dr. Andrew Rickman in 2013. The company has offices in Pasadena, San Jose, Oxford, Cardiff, Cork, and Helsinki.

Wednesday, October 7, 2020

HAPSMobile completes first stratospheric flight with Loon payload

 HAPSMobile, a start-up backed by SoftBank with minority investment by AeroVironment, reached an altitude of 62,500 feet (approximately 19 kilometers) during the fifth test flight for “Sunglider,” a solar-powered unmanned aircraft system (“UAS”) designed for stratospheric telecommunications platform systems. 

The test flight, which took place on September 21, 2020 (MT) at Spaceport America in New Mexico, lasted a total 20 hours and 16 minutes, with 5 hours and 38 minutes of them in the stratosphere. 

Sunglider completed its flight on a pre-flight battery charge and solar energy during the flight. Sunglider also demonstrated its high-performance capabilities under extremely demanding conditions where wind speeds were greater than 58 knots (approximately 30 meters per second) and temperatures fell as low as -73 degrees Celsius.

Sunglider also carried a telecommunications payload from Loon. Smartphones on the ground connected to the Internet via the Loon payload in the stratosphere. Team members in New Mexico using the connection successfully placed a video call to Japan.


https://www.hapsmobile.com/


Monday, September 28, 2020

Arista to acquire Awake Security

Arista Networks agreed to acquire Awake Security, a start-up offering a Network Detection and Response (NDR) platform. Financial terms were not disclosed.

Awake, which is based in Santa Clara, California, combines artificial intelligence (AI) with human expertise to autonomously hunt and respond to insider and external threats. The Awake platform analyzes network traffic and autonomously identifies, assesses, and processes threats. 

"We see an exciting future for Awake within the Arista family," said Rahul Kashyap, CEO for Awake Security. “Awake pioneered NDR platforms for real-time AI-driven situational awareness to secure digital assets and then respond to mitigate those risks. This acquisition allows us to further that mission.”

"We warmly welcome Awake Security to the Arista team,” stated Anshul Sadana, COO for Arista Networks. “With the proliferation of users, devices and Internet of Things (IOT), Awake’s best of breed threat detection platform is synergistic with Arista’s market leading cognitive cloud networks, delivering proactive security for our customers.”

  • In April 2020, Awake Security, raised $36 million in Series C financing led by Evolution Equity Partners with participation from Energize Ventures and Liberty Global Ventures, as well as existing investors Bain Capital Ventures and Greylock Partners. The latest investment brings Awake’s total funding to nearly $80 million and will be used to propel expansion in areas including R&D, sales and marketing to meet the growing demand for the company’s advanced network traffic analysis platform. Awake also said that it has increased its annual recurring revenue (ARR) by close to 700% and doubled its employee headcount over the past year. 




 

Wednesday, September 16, 2020

Snowflake soars in IPO -- cloud data warehousing

 Snowflake, a start-up based in San Mateo, California, completed an initial public offering (IPO) of 28,000,000 shares of Class A common stock at a price to the public of $120.00 per share. Trading (Nasdaq: SNOW) closed on Wednesday at $253.93 per share.

Snowflake is known for its cloud data platform. The company says its customers currently have more than 250PB of data managed by the Snowflake cloud data platform, with more than 515 million data workloads that run each day. The company has more than 2,000 employees in 19 countries.


JFrog soars in IPO -- Database of DevOps

 JFrog, which describes itself as "the “Database of DevOps” and de-facto standard in release and update management", raised $509 million in an initial public offering (IPO) of 11,568,218 ordinary shares at a price to the public of $44.00 per share. 

The shares (Nasdaq: FROG) began trading on Wednesday and closed at $64.79, up 47%.

JFrog products are available as open-source, self-managed, and SaaS services on AWS, Microsoft Azure, and Google Cloud. JFrog claims more than 5,800 customers.



JFrog has headquarters in both Netanya, Israel and Sunnyvale, California. 

https://jfrog.com/



Tuesday, August 25, 2020

Kymeta completes $85 milllion funding round led by Bill Gates

Kymeta, a developer of satellite antennas, completed an $85 million funding round led by Bill Gates with members of the leadership team personally investing approximately $1 million, including Kymeta Executive Chairman, Doug Hutcheson.

Kymeta offers an electronically steered flat panel antenna platform built specifically for mobility and designed for the needs of military, first responders and commercial customers. The advanced u8 antenna supports global land mobility, covering the full Ku-band with improved efficiency. The company also offers a hybrid satellite-cellular connectivity service.

“As a company, we’re just scratching the surface of how powerful hybrid satellite-cellular communications can be when combined with an affordable electronically steered flat panel antenna offered to the global land mobility ecosystem,” said Doug Hutcheson, Executive Chairman, Kymeta. “Having the continued support of Bill Gates will help us execute our vision even more rapidly and broadly – and with the benefit of experience, perspective and relationships of a leading and highly successful technology backer.”

http://www.kymetacorp.com



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Wednesday, August 19, 2020

Video: Scaling-out Data Centers with the Fungible Data Processing Unit

Fungible was founded in 2015 to revolutionize the performance, economics, reliability, and security of scale-out data centers.

In this video, Pradeep Sindhu, Co-Founder and CEO of Fungible, shares observations about scale-out data centers and the key innovations of Fungible’s Data Processing Unit (Fungible DPU™) which has been positioned as the “third socket” in data centers, complementing the CPU and GPU.

https://youtu.be/spJAOn_y21A



Tuesday, August 18, 2020

Lumina shuts down - carrier SDN controller based on OpenDaylight

Lumina Networks, a start-up based in San Jose, California that developed open source carrier orchestration software, announced its exit from the market.

In a blog post, Andrew Coward, Lumina's CEO, states: "We set out as Lumina Networks in 2017, to bring open source SDN into large scale telco deployments – a mission we have in fact accomplished in more than half a dozen global-scale networks. In the process, most network vendors came to understand that selling their products into carriers would mean working with open source and adapted their products accordingly.

Unfortunately, while many in the telco community applauded our work, and planned deployments, revenue has not followed at the scale required for us to operate and manage a large open source project.

Essentially, revenue continued to flow to proprietary vendors. The switch to open source did not take place at a pace anywhere close to the speed that would enable us to operate and grow our business, despite commitments from many to the contrary. We have also found that COVID-19 has actually redirected funds away from automation projects and into building-out raw infrastructure, further delaying adoption."

https://www.luminanetworks.com/newsroom/lumina-networks-to-wind-down/


Lumina raises $10 million for its OpenDaylight-powered SDN controller

Lumina Networks, a start-up based offering an SDN controller powered by OpenDaylight, announced $10 million Series A financing, including $8 million in new funding led by Verizon Ventures. Other new investors included AT&T and Rahi Systems.

Lumina was formed in August 2017 as a spin-off from Brocade.

"This investment by both Verizon and AT&T demonstrates the strategic importance of open source networking to the automation and digitization of their networks,” said Andrew Coward, Founder and CEO of Lumina Networks. “We understand the value of our mission to take open source networking out of the labs of our customers and into production deployment. This funding will enable us to reach a wider customer base and realize the industry vision of easily deployable open source software-defined networking (SDN)."

SiFive and Innovium enter collaboration

SiFive and Innovium, announced a collaboration to drive faster innovation in switch silicon solutions.

SiFive specializes in RISC-V processor IP and silicon solutions. Innovium is known for its networking switch silicon for cloud and edge data centers.

The companies are collaborating on new designs that incorporate SiFive E2-Series processor cores to extend Innovium’s programmable switch silicon.

Innovium’s TERALYNX offers customers a highly differentiated and comprehensive programmable switch silicon portfolio, from 1 to 25.6Tbps performance and an architecture scaling to 51.2Tbps+, with consistent features and software.

“As Innovium’s highly successful TERALYNX switches ramp in Cloud and Edge data centers, we continue to invest in an industry-leading roadmap for next-generation networks,” said Rajiv Khemani, CEO of Innovium, Inc. “We are pleased to use SiFive’s processor IP in our products for additional flexible and programmable capabilities in the areas of management and configuration.”

“SiFive’s winning processor portfolio is well suited to new designs for datacenter infrastructure thanks to the highly-efficient, silicon-proven, configurable cores we offer,” said Dr. Naveed Sherwani, Chairman, President & CEO of SiFive. “The data center market is searching for efficient and scalable networking solutions that, through collaborating with Innovium, we can help provide.”

SiFive raises $61 million for RISC-V

SiFive, a start-up specializing in RISC-V processor IP and silicon solutions,  raised $61 million in a Series E round.

SiFive, which is based in San Mateo, California, develops a range of processor cores, accelerators, and SoC IP to create domain-specific architecture that will enable efficient, high-performance computing solutions. Recently, SiFive announced the SiFive 20G1 update for SiFive Core IP, enabling significant enhancements for performance, power, area, and features, with pre-integrated SiFive Shield, for whole SoC security, and SiFive Insight advanced trace and debug capabilities.

The latest funding round was led by SK hynix, joined by new investor Prosperity7 Ventures, with additional funding from existing investors, Sutter Hill Ventures, Western Digital Capital, Qualcomm Ventures LLC, Intel Capital, Osage University Partners, and Spark Capital.

Innovium raises $170 million for its switching silicon

Innovium, a start-up based in San Jose, California, raised $170 million for its switching silicon solutions cloud and edge data centers.

The new funding round included investments from Premji Invest, DFJ Growth, funds and accounts managed by BlackRock, and multiple strategic investors, along with existing investors including Greylock, Capricorn, WRVI, Qualcomm Ventures, Redline, S-Cubed Capital and DAG

. Innovium said this latest funding makes it the first network silicon company to achieve billion-dollar valuation "unicorn" status.

Earlier this year, Innovium unveiled its TERALYNX 8 silicon boasting 25.6Tbps switch with 112G SerDes

In addition, Innovium noted the following milestones during 1H 2020:

  • Continued volume production ramp of TERALYNX 7
  • Ramping TERALYNX 5 shipments for ToR, Edge & 5G customer designs
  • Revenue growth of over 5x in 1H 2020 vs 1H 2019
  • Achieved over 20% market share in 50G WW SerDes shipments and emerged as the only credible silicon diversity option [1]
  • Wins, deployments and trials at majority of top 25 Cloud customers in the world

“We are delighted at the strong adoption at leading OEM, Cloud and ODM customers for our TERALYNX® family, which resulted in over 20% market share for 50G SerDes switch silicon in our first year of shipments. This additional funding, achieved despite ongoing macroeconomic uncertainty, validates our vision, execution and momentum in a multi-billion secular high-growth market,” said Rajiv Khemani, Co-founder and CEO of Innovium.

“Data centers are expected to see secular long-term expansion from Cloud, 5G, AI and remote-work applications. Innovative TERALYNX switch silicon products from Innovium have already been adopted by world’s leading hyperscale Cloud providers and leading OEMs including Cisco. We are excited to partner with Innovium for its roadmap innovation and help accelerate go-to-market ramp up,” said TK Kurien, Managing Partner and Chief Investment Officer at Premji Invest.

https://www.innovium.com/

Innovium pushes switching silicon to 25.6 Tbps with support for 112G PAM4

Innovium unveiled its TERALYNX 8 networking switch silicon featuring a massive 25.6 Tbps capacity and support for 112G PAM4 SerDes I/O. This next-generation TERALYNX 8 design features deep programmability, the largest on-chip buffers, and advanced telemetry capabilities.

Innovium's TERALYNX 8 switch, which is aimed at hyperscale data centers and which is expected to sample in the second half of 2020, could be used for highly compact, highest port-density single-chip switches for 100G to 800G configurations, including 1RU, 32 x 800G switch. The silicon will be delivered in a single 7nm die fabricated by TSMC.

Innovium confirmed that its current generation, 12.7 Tbps switching silicon is already being used by numerous commercial customers, including some of the biggest cloud provider networks.

Tuesday, August 11, 2020

SiFive raises $61 million for RISC-V

SiFive, a start-up specializing in RISC-V processor IP and silicon solutions,  raised $61 million in a Series E round.

SiFive, which is based in San Mateo, California, develops a range of processor cores, accelerators, and SoC IP to create domain-specific architecture that will enable efficient, high-performance computing solutions. Recently, SiFive announced the SiFive 20G1 update for SiFive Core IP, enabling significant enhancements for performance, power, area, and features, with pre-integrated SiFive Shield, for whole SoC security, and SiFive Insight advanced trace and debug capabilities.

The latest funding round was led by SK hynix, joined by new investor Prosperity7 Ventures, with additional funding from existing investors, Sutter Hill Ventures, Western Digital Capital, Qualcomm Ventures LLC, Intel Capital, Osage University Partners, and Spark Capital.

“Global demand for storage and memory in the data center is increasing as AI-powered business intelligence and data processing growth continues”, said Youjong Kang, VP of Growth Strategy, SK hynix. “SiFive is well-positioned to grow with opportunities created from data center, enterprise, storage and networking requirements for workload-focused processor IP.”

http://www.sifive.com

Wednesday, August 5, 2020

Verizon invests in PICadvanced for NG-PON2

Verizon Ventures led a $4.5 million Series A financing round backing PICadvanced, a start-up targetting NG-PON2.

PICadvanced, which is based in Portugal, is working on NG-PON2 transceivers - including innovation in the optics, electronics and in the blending of the the two.

The investment round also included the participation of 200M Co-Investment Fund managed by PME Investimentos, which makes co-investments in high-growth Portuguese startups.

https://picadvanced.com/

Wednesday, July 29, 2020

Ermetic raises $17 million for cloud policy management

Ermetic, a start-up with offices in Palo Alto and Tel Aviv, raised $17.25 million in Series A funding for its work in cloud access risk mitigation

Ermetic says its analytics-based solution prevents cloud data breaches by automating the detection and remediation of identity and access risks in Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) offerings from Amazon, Google and Microsoft. It automatically discovers all human and machine identities in the cloud, and analyzes their entitlements, roles and policies using a continuous lifecycle approach. By combining analytics with granular, full stack insight, Ermetic makes it possible to enforce least privilege access at scale even in the most complex cloud environments.

The funding round was led by Accel, and supported by Glilot Capital Partners, Norwest Venture Partners and Target Global, the company’s $10M seed round investors.

“Until now, customers have been using retrofitted tools to try to manage cloud infrastructure accounts and entitlements. Ermetic has developed a cloud native alternative that uses analytics to consistently manage permissions and enforce least-privilege access,” said Shai Morag, CEO of Ermetic. “We are pleased to welcome Accel as an investor and Andrei Brasoveanu to our Board. This capital infusion will help us capture a large share of the emerging market known as Cloud Infrastructure Entitlements Management.”

https://ermetic.com/

PacketFabric appoints Dedicoat as chair, former Cisco EVP WW sales

PacketFabric appointed Chris Dedicoat, the former executive vice president of worldwide sales for Cisco, as chairman of the PacketFabric board.

Dedicoat has more than 25 years of sales and marketing experience in the networking, hardware, software and technology industries. His innovative and effective sales strategies contributed to Cisco’s leadership position in the market. Dedicoat currently sits on the board of directors for RStor, a leading provider of cloud services across any multicloud environment.

"Chris has had an incredible track record over his career and with his vast experience and global business presence, we are beyond excited to have him join our team and chair our board,” said Dave Ward, CEO PacketFabric.

PacketFabric’s highly scalable SDN platform is a private Layer 2 NaaS that delivers instant and secure connectivity at speeds from 50Mbps to multi-100Gbps.


NTT Ltd. expands cloud exchange in U.S. with Packet Fabric

NTT Ltd.’s Global Data Centers division, one of the world’s largest data center providers, is now offering data center customers in the U.S. access to cloud exchange services from PacketFabric. NTT’s Cloud Connect portfolio enables customers to integrate public clouds with their enterprise applications running in NTT’s data centers.

PacketFabric’s Network-as-a-Service platform leverages an automated SDN-based network architecture and a private, secure network to enable dynamic, real-time connectivity services between colocation facilities at terabit-scale. PacketFabric facilitates private network connectivity between more than 170 colocation facilities across 24 global markets and enables cost-effective, scalable network deployment via its Application Program Interface (API) and web-based portal.

NTT’s Cloud Connect portfolio provides a range of connectivity options and solution partners, including Amazon Web Services (AWS), Microsoft Azure, IBM Cloud, Google Cloud Platform, and Oracle Cloud, as well as hundreds of other clouds and networks.

“We are truly a cloud exchange-neutral data center that offers our customers best-in-class cloud connectivity solutions,” said Doug Adams, President and CEO of NTT Ltd.’s Global Data Centers Americas division (formerly known as RagingWire Data Centers). “With options such as PacketFabric to choose from, hyperscale and enterprise companies will find a cloud exchange provider that provides the best experience for them.”

NTT operates the third-largest data center platform in the world, with over 160 data centers spanning more than 20 countries and regions. NTT Ltd.’s Global Data Centers Americas division operates data centers in Ashburn, Virginia; Dallas, Texas; and Sacramento, California, with new data center campuses under construction in Silicon Valley, California; Chicago, Illinois; and Hillsboro, Oregon.

PacketFabric appoints Dave Ward as CTO

PacketFabric, which operates a Network-as-a-Service (NaaS) platform for providing data center interconnects, named Dave Ward as its new CEO.

Ward joins PacketFabric from Cisco, where he was the company’s Chief Technology Officer of Engineering, Chief Architect and a Senior Vice President at Cisco’s Networking and Security Business.

While at Cisco, Ward and his engineering teams built numerous hardware and software products, including networking orchestration and automation, virtualized and cloud-native services, cloud networking and security products, 5G Networking and system architectures, and IoT-based solutions for smart cities, healthcare, conservation, media and entertainment.  He joined Cisco in 1999 when the company acquired the Internet Engineering Group.

Ward is also one of two individuals to be both Cisco and Juniper Fellows working on the operating system and next-generation routing systems, including ASICS, Optics, and network APIs and SDN.


Friday, June 26, 2020

Amazon acquires Zoox for autonomous vehicle platform

Amazon agreed to acquire Zoox, a start-up developing purpose-built, zero-emissions vehicles designed for autonomous ride-hailing, along with an end-to-end autonomy software stack. Financial terms were not disclosed.

Zoox's ground-up vehicle focuses on the ride-hailing customer, with tightly integrated features designed "to provide a revolutionary passenger experience."

Zoox, which was founded in 2014, is based in Foster City, California. The company raised over $950 million in venture funding.

"Zoox is working to imagine, invent, and design a world-class autonomous ride-hailing experience," said Jeff Wilke, Amazon’s CEO, Worldwide Consumer. "Like Amazon, Zoox is passionate about innovation and about its customers, and we're excited to help the talented Zoox team to bring their vision to reality in the years ahead."

"This acquisition solidifies Zoox's impact on the autonomous driving industry," said Aicha Evans, CEO of Zoox. "We have made great strides with our purpose-built approach to safe, autonomous mobility, and our exceptionally talented team working every day to realize that vision. We now have an even greater opportunity to realize a fully autonomous future."

"Since Zoox's inception six years ago, we have been singularly focused on our ground-up approach to autonomous mobility," said Jesse Levinson, Zoox co-founder and CTO. "Amazon's support will markedly accelerate our path to delivering safe, clean, and enjoyable transportation to the world."

Zoox appoints former Intel exec as CEO -- Aicha Evans

Zoox, a start-up developing autonomous vehicle systems, named Aicha Evans as its new CEO and a member of its Board of Directors.

Evans most recently served as Intel's Chief Strategy Officer, where she oversaw Intel’s transformation from a PC-centric to a data-centric company. Previously, Evans was General Manager of the Communication and Devices Group, where she led a team of over 7,000 people across multiple continents and was responsible for driving wireless engineering for multi-comm products and Intel platforms.

“Our team has made incredible progress since we started in 2014,” said Jesse Levinson, Zoox co-founder, CTO, and President. “We believe now more than ever that the full realization of autonomous mobility is a radical departure from last century’s car architecture, and that requires a completely reimagined vehicle and AI solution. I’m excited to partner with Aicha as we forge our own path and show the world what the next generation of mobility looks like.”


Tuesday, June 23, 2020

Vitalpointz becomes part of Juniper - a likely "acqui-hire" for IoT cloud

Juniper Networks has acquired Vitalpointz, a start-up based that specializes in IoT cloud development tools. Terms of the apparent "acqui-hire" have not been disclosed.

Under the deal, Juniper would gain access to Vitalpointz products, technology and associated intellectual property.  THE Vitalpointz Edge Service Platform links to a mobile network's BSS, enabling the operator to provide a seamless IoT service. When a new SIM gets activated, the mobile Core triggers an API to the Vitalpointz cloud IoT platform. The device is then onboarded and provisioned with OTA software updates as needed.Vitalpointz IoT has been available on the Digital Ocean cloud marketplace for trial use. In addition, some of Vitalpointz' IoT technologies (VESPA) are open-sourced
on Github.

Juniper has not commented on how it plans to integrate Vitalpointz. However, Juniper has invested in Stackpath, which offers an edge cloud platform that might be an entry point.

Vitalpointz, which is based in San Ramon, California with operations in Bangalore, was founded by the same team behind Vistapointe, which focused on network monitoring, visibility & analytics. In September 2014, Vistapointe was acquired by Brocade Communications.

The news was public made on the Medium site.  https://medium.com/@ravi.medikonda/vitalpointz-team-to-join-juniper-networks-b4ba1a1cd7fd

https://vitalpointz.io/

Thursday, May 28, 2020

Cisco to acquire ThousandEyes for real-time Internet visibility

Cisco agreed to acquire privately-held ThousandEyes, a provider of real-time visibility tools for the delivery of applications and services over the Internet. Financial terms were not disclosed.

ThousandEyes, which is headquartered in San Francisco, was founded in 2010 by Mohit Lad and Ricardo Oliveira who had worked together during grad school in the UCLA Internet Research Lab to visualize Autonomous System topologies. T

ThousandEyes vantage points around the world perform billions of measurements each day to detect when traffic flows are disrupted within ISPs, public cloud networks and other service providers. This network telemetry data is algorithmically analyzed as part of ThousandEyes’ core Digital Experience Monitoring platform and the macro outages that are detected are displayed on an interactive map as part of ThousandEyes’ Internet Insights offering.

The ThousandEyes platform is used to verify the availability and performance of network-based services (HTTP, FTP, DNS, SIP, RTP) as well as for DNS tracing and DNSSEC validation over the Internet and third-party infrastructure.

Cisco said that bringing together its own strength in network and application performance with ThousandEyes’ visibility into the Internet, customers will now have an end-to-end view into the digital delivery of applications and services over the Internet, allowing them to pinpoint deficiencies and improve network and application performance across enterprise and cloud networks. Cisco will incorporate ThousandEyes’ capabilities across Cisco’s core Enterprise Networking and Cloud, and AppDynamics portfolios to enhance visibility across the enterprise, internet and the cloud.

“I’m excited to welcome the ThousandEyes team to Cisco,” said Todd Nightingale, senior vice president and general manager, Cisco Enterprise Networking and Cloud. “The combination of Cisco and ThousandEyes will enable deeper and broader visibility to pin-point deficiencies and improve the network and application performance across all networks. This will give customers end-to-end visibility when accessing cloud applications, and Internet Intelligence will improve networking reliability and the overall application experience.”

Thursday, May 21, 2020

Couchbase raises $105 million in Series G for NoSQL database

Couchbase, which offers a NoSQL database, raised $105 million in its Series G round of fundraising.

The new funding round was led by GPI Capital, also included oversubscribed participation from existing investors Accel, Sorenson Capital, North Bridge Venture Partners, Glynn Capital, Adams Street Partners, and Mayfield.

Couchbase said its customer base now exceeds 500 enterprises, including over 30% of the Fortune 100. In its latest fiscal year, the company reports over 70% total contract value growth, 50%+ new business growth, and 35%+ growth in average subscription deal size.  The company has nearly $100M in committed annual recurring revenue.

“To be competitive today, enterprises must transform digitally and use technology to get closer to their customers and improve the productivity of their workforces.  To do so, they require a cloud-native database built specifically to support modern web, mobile and IoT applications.  Application developers and enterprise architects rely on Couchbase to enable agile application development on a platform that performs at scale, from the public cloud to the edge, and provides operational simplicity and reliability,” said Couchbase President and CEO Matt Cain. “More and more, the largest companies in the world truly run their businesses on Couchbase, architecting their most business-critical applications on our platform.  This has become even more pronounced today as all companies are closely evaluating their digital strategies while carefully managing their capital allocation plans. Completing this funding round in the current climate is a testament to the importance of modern databases and the relevance of Couchbase as we continue our path to becoming a large, public company.”

Couchbase is headquartered in Santa Clara, California.

Wednesday, May 20, 2020

5G Open Innovation Lab mentors first 17 start-ups

A new 5G Open Innovation Lab (5G OI Lab) is now underway with support founding partners Intel, NASA and T-Mobile.

5G OI Lab will provide engineering, technology and industry resources to help selected start-ups to develop, test and bring to market new use cases that unleash the potential of 5G.

"Our first program provides start-ups with virtual access to mentors and tools to collaborate directly with technology and business leaders to design and bring to life their vision and dreams for new 5G applications." said Jim Brisimitzis, general partner of the 5G Open Innovation Lab. "We've adapted our program into a virtual format in light of the COVID-19 pandemic. We are grateful to our partners for stepping up their support to ensure our first cohort has the best experience possible in a virtual environment."

The Lab has selected 17 companies as members of the first cohort that will participate in a 12-week program.  In addition to three companies that are currently in stealth mode, the first cohort includes the following startups:


"Ecosystem innovation is important to unlocking the potential of 5G, and as a founding member of the 5G Open Innovation Lab, we will help nurture start-ups developing 5G and edge applications that focus on digital transformation for industries," said Caroline Chan, vice president, Data Platforms Group and general manager, Network Business Incubation Division at Intel. "There is a breadth of opportunities across multiple industries, and to make them a reality it requires this type of industry collaboration to accelerate and bring innovative 5G solutions to market."

"5G has the potential to transform our world by enabling new, groundbreaking applications," said Neville Ray, president of technology at T-Mobile. "T-Mobile is building a 5G network unlike any other, with unmatched breadth and massive capacity nationwide. Through efforts like the 5G Open Innovation Lab, we're providing developers and startups with the tools to unleash transformative services for people across the country, benefitting everything from entertainment and gaming to education and public safety."

Applications are currently being accepted online for the Fall program.

http://www.5GOILab.com