Showing posts with label Startups. Show all posts
Showing posts with label Startups. Show all posts

Thursday, June 24, 2021

 Illumio raises $225 million for its Zero Trust Segmentation

Illumio, a start-up based in Sunnyvale, California, announced a $225 million Series F funding round at a $2.75 billion valuation for its Zero Trust Segmentation solutions. 

Illumio says its Zero Trust Segmentation SaaS platform delivers automated enforcement in minutes, dramatically reducing risk by stopping successful cyberattacks and ransomware from moving to other applications, clouds, containers, data centers, and endpoints. Th company claims many Fortune 100 companies and hundreds of global enterprises as customers, including the three top enterprise SaaS companies, five of the leading insurance companies, and six of the ten biggest banks in the world.

The round was led by Thoma Bravo and is also supported by Franklin Templeton, funds managed by Hamilton Lane, and Owl Rock, a division of Blue Owl Capital.

“Adopting Zero Trust strategies has never been more important for organizations across all industries, as the Biden Administration’s recent cybersecurity Executive Order demonstrates. This investment signals that now is the time to reimagine the cybersecurity model as we know it, with Zero Trust Segmentation playing a fundamental role in this strategic shift,” said Andrew Rubin, CEO and co-founder of Illumio. “With this funding, we will accelerate our innovation in product and engineering, further invest in customer success, and build upon our global partner strategy.”



Sunday, July 19, 2020

Singapore's Transcelestial raises US$9.6M for free space optics

Transcelestial, a start-up based in Singapore, has raised US$9.6 million in Series A funding for its work in free space laser communications.

The funding round was co-led by EDBI, a Singapore Government investment arm, and Wavemaker Partners. The round included participation by new investors Airbus Ventures, Cap Vista, the strategic investment arm of the Defence Science and Technology Agency of Singapore, Partech and Tekton Ventures, with participation from existing investors Entrepreneur First and SEEDS Capital, an investment arm of Enterprise Singapore, and 2 previous angels.

Transcelestial has built a proprietary Wireless Laser Communication (a.k.a Wireless Fibre Optics) technology which combines the speed of fibre optics with the flexibility of radio waves in order to overcome some of these bottlenecks.  The company's CENTAURI network device creates a wireless distribution network between buildings, traditional cell towers, street-level poles and other physical infrastructure. At launch, there are two versions of devices available - 1 Gbps Full Duplex (4G & Enterprise ready) and 10 Gbps Full Duplex (5G-ready). Higher bandwidth capabilities will be unlocked and available for order shortly.

“With the Series A capital raise, we are now working actively to get CENTAURI in the hands of customers globally within the next 12 months. In order to deliver on this global promise, we have set up a manufacturing capability which will scale into the world’s largest for production of CENTAURI class Wireless Fibre Optics devices. This will bring our groundbreaking proprietary technology of real time optical alignment and weather compensation to within a commercial price point,” said Dr. Mohammad Danesh, CTO and Co-Founder of Transcelestial.

Transcelestial is also developing a constellation of small satellites in Low Earth Orbit with the aim of delivering an ultra high speed backbone network connectivity.

“At Airbus Ventures we’ve been particularly impressed to see how Rohit, Danesh, and the Transcelestial team have built crucial connectivity elements that have immediate application in these challenging times, and now have a solid basis to develop these capabilities toward a game-changing leap in connectivity delivered from Low Earth Orbit,” comments Thomas d’Halluin, Airbus Ventures Managing Partner based in Menlo Park California.  Adds Dr. Lewis Pinault, Partner for Asia Pacific based in Tokyo, “as our first investment in Singapore we’re pleased to have such a marquee company as Transcelestial to help us widen our presence in the region, and we look forward to opening our new offices in Singapore in close partnership with the outstanding co-investors Transcelestial has attracted.

“Space-based laser communications is the future of Internet connectivity happening right at our doorstep. With the backdrop of burgeoning growth in Southeast Asia, we believe that Transcelestial’s Wireless Laser Communication Technology will disrupt and enable unprecedented connectivity within the region and beyond. More than that, we see Transcelestial playing a key role in putting Singapore Spacetech on the map, and seeding the growth of the regional Spacetech ecosystem as well,” said Chng Zhen Hao, CEO of Cap Vista.

http://www.transcelestial.com

Tuesday, February 11, 2020

Celona tests performance edge with CBRS enterprise cellular

Celona, a start-up based in Cupertino, California, is reporting impressive performance results in beta testing of its cellular wireless network solution for enterprises which uses interference-free and clean spectrum offered by CBRS.

Celona's platform creates a dedicated, wireless “express lane” for mission-critical business applications over a private cellular network. The company says its solution is undergoing beta testing at eight new sites including logistics environments, industrial shipping yards, global retail locations and other challenging wireless environments.

Each of the beta sites is deploying Celona’s end-to-end solution. The company has not yet formally announced its products.

Celona said its solution was recently deployed at a music festival held in Las Vegas on December 5, 2019. Applications requiring uninterrupted connectivity at such an event could include Point of Sale (PoS) systems for food, drink and merchandise, RFID scanning, video security and more. Leveraging staff-operated iPhones for performance testing, there were several locations where data rates under 1Mbps were recorded for the public LTE network performance due to an increasing number of music fans in attendance at the event. Celona’s enterprise cellular network in the CBRS spectrum was able to deliver download speeds greater than 25Mbps for the same set of devices, with latency metrics also improving 200x.

“The FCC’s recent decision to allow full-scale commercial deployments in the CBRS band is very timely given the outstanding response Celona has seen to its own end-to-end offering,” said Dr. Mehmet Yavuz, CTO and co-founder at Celona. “Enterprise IT teams across industries want CBRS spectrum to enable a new express lane of communication for business-owned and staff-operated mobile and IoT infrastructure. Low latency and high-reliability operation for relevant applications with the use of private LTE is a key requirement, in addition to simplified deployment and operations.”

In addition to its beta program, Celona cites momentum in the burgeoning Citizen Broadband Radio Service (CBRS)  market by building new partnerships with Cradlepoint and working with global channel partners including World Wide Technology.

http://www.celona.io

Monday, December 9, 2019

AI and the Customer Experience



How can AI and automation help to redefine the customer support experience?

Umesh Sachdev, co-founder and CEO of Uniphore, briefly shares his 2020 vision for AI and customer service.

Uniphore, a start-up based in Palo Alto, California, targets Conversational Service Automation. The company was incubated in 2008 in IIT Madras, the premier research institute in India, and has grown to over 150 employees located in the U.S., India, and Singapore. Earlier this year, Uniphore raised $51 million in Series C funding led by March Capital Partners, with participation from Chiratae Ventures (formerly IDG Ventures), Sistema Asia, CXO Fund, ITP, Iron Pillar, Patni Family, plus other investors. John Chambers, CEO and founder of JC2 Ventures and former CEO of Cisco, is an active advisor to Uniphore and holds a 10% stake in Uniphore.

https://youtu.be/5GkxfqTyt04

See our full series of Thought Leadership videos at https://nginfrastructure.com/network-...


Sunday, August 18, 2019

DOCOMO invests in Light Field Lab for holographic displays

NTT DOCOMO Ventures has made an equity investment in LIGHT FIELD LAB, Inc. (LFL), a start-up developing display technology that enables a holographic objects to float in space without head-mounted accessories.

LFL’s projection technology is a new advancement in 3D holographic displays, enabling the control of billions of rendered photons of light which intersect in air to form real looking objects with full color and motion. LFL has been developing original light field technology to illustrate realistic 3D holographs.

NTT said the investment in LFL aligns with its own development of VR/AR technologies and 5G.

Monday, August 12, 2019

Cloudleaf raises $26 million for supply chain visibility

Cloudleaf, a start-up offering digital supply chain solutions, announced $26 million in Series B funding.

The round was led by Intel Capital and WRVI Capital. Also participating were existing and incoming investors BluePointe Ventures, Bold Capital Partners, Mahindra Partners and Tandem Capital. The financing brings Cloudleaf’s total institutional funding to $39 million.

Cloudleaf’s mission is to create significant value across the end-to-end supply chain network with its Supply Chain Digital Visibility Platform.

Cloudleaf creates a digital twin of the supply chain and processes billions of events per second to deliver diagnostic and predictive insights in real-time for location, condition, utilization and anomaly detection.

“We are extremely gratified that some of the industry’s most esteemed investors are helping Cloudleaf convert our technology leadership into market leadership,” said Cloudleaf Chief Executive Officer Mahesh Veerina. “Cloudleaf’s goal is to establish nothing less than a new industry standard for actionable visibility in a broad spectrum of enterprise supply chains.”

“Cloudleaf’s Digital Visibility Platform targets an extreme pain point for thousands of enterprises challenged by the need to manage significant asset and product flows. We are excited to partner with such a high-impact innovator of enterprise digitization,” said Sriram Viswanathan, Managing Partner of WRVI Capital. “Katerra, one of WRVI Capital’s portfolio investments and a highly disruptive technology company for the construction market segment, has selected Cloudleaf to provide end-to-end visibility across its supply chain.”

“Cloudleaf means actionable visibility,” said Dave Flanagan, vice president of Intel Corp. and senior managing director of Intel Capital. “The world’s supply chains are undergoing a multi-trillion-dollar shift to digital, and Cloudleaf is in the vanguard. We’re pleased to welcome them to Intel Capital’s portfolio of leaders in cloud, edge intelligence and vision technologies.”