Wednesday, January 3, 2018

Sprint confirms its 2.5 GHz spectrum is included in 5G NR spec

Sprint confirmed that its  2.5 GHz spectrum band is included in the Non-Standalone 3GPP 5G NR specification (initial part of Release 15), which was ratified at the 3GPP TSG RAN plenary meeting in Lisbon in late December.

The specification includes bandwidths up to 100 MHz for an n41 (2.5 GHz) single component carrier vs. today’s 20 MHz per component carrier for 4G LTE. With more than 160 MHz of 2.5 GHz spectrum available in the top 100 U.S. markets, this gives Sprint the largest nationwide block of sub-6 GHz 5G spectrum available for wide-scale use in the U.S.

“This is an important milestone and we’re making great progress accelerating the development and commercialization of 5G NR in the 2.5 GHz band,” said Dr. John Saw, Sprint CTO. “5G will spur dramatic innovation and progress around the world, and we see great opportunity in mobile 5G, massive machine type communications, and ultra-reliable and low-latency communications.”

Sprint also confirmed that it aims to provide commercial 5G services and devices in late 2019 and that it is working with Qualcomm and Softbank in this regard. In addition, Sprint is working with its RAN (Radio Access Network) suppliers – Ericsson, Nokia, and Samsung – for end-to-end availability of 5G NR in Sprint’s 2.5 GHz (n41) spectrum.

Sprint’s initial path to market for 5G will be through the deployment of 2.5 GHz Massive MIMO radios slated for commercial use in 2018. These 64T64R (64 transmitters, 64 receivers) radios will be software-upgradable to 5G NR.

CyrusOne to acquire Zenium Data Centers for $442M

CyrusOne agreed to acquire Zenium Data Centers, a leading hyperscale data center provider in Europe with four properties in London and Frankfurt, the continent’s two largest data center markets, for $442 million, reflecting a multiple of 18 times expected annualized Adjusted EBITDA of approximately $25 million from both commenced and signed but not yet billing leases. CyrusOne will also reimburse Zenium for capital expenditures between signing and closing. The two facilities in Frankfurt will be owned by CyrusOne, while the two facilities in London are leased with a remaining weighted average lease term of approximately 40 years, inclusive of renewal options.

Zenium has approximately $40 million in annualized contracted GAAP revenue, taking into account leases that are signed but not yet billing, excluding estimates for pass-through power, representing approximately $25 million in expected annualized Adjusted EBITDA. All signed contracts will have commenced by year-end 2018. Upon full buildout, the four properties will consist of more than 260,000 colocation square feet and 49.3 MW of power capacity. Approximately 54% of this power capacity, or 26.8 MW, is currently leased.

MW                                                  London     Frankfurt     Total

Total power capacity(1)                     22.6       26.7              49.3
Total power capacity leased                9.4        17.4               26.8
% leased                                             42%       65%              54%
Power capacity available for lease      13.2      9.3                22.5

(1)Represents critical load power capacity available for lease upon full buildout

“This transaction establishes a significant presence for us in Europe’s two largest data center markets and provides a platform to scale to meet the strong demand across the continent,” said Gary Wojtaszek, president and chief executive officer of CyrusOne. “The Zenium team is experienced and well-respected with particular expertise leasing to hyperscale companies, and they have built an outstanding, fast-growing company. The capacity for further growth at their existing locations remains substantial, allowing us to nearly double the size of their business, and we will be able to leverage the European infrastructure to expand within London and Frankfurt and into new markets in an efficient, cost-effective manner.”

All 50 U.S. States opt in to FirstNet

All 50 U.S. states, 2 territories and the District of Columbia have now opted in to the FirstNet spectrum build-out.

FirstNet, in partnership with AT&T, is building the nationwide public safety broadband network. The effort to create a separate, dedicated network for first responders can be traced back to the communication challenges public safety experienced during the September 11, 2001, terrorist attacks.

"With every state saying 'yes' to the FirstNet plan, America's first responders now have a nationwide interoperable network they can rely on 24/7/365 – like their mission," said First Responder Network Authority Chief Executive Officer Mike Poth. "I applaud these governors for their decision and congratulate public safety for its advocacy and partnership throughout the process. With more than 50 states and territories participating in FirstNet, public safety is assured of an enduring, self-sufficient network to serve them for years to come."

AT&T and FirstNet announced the following goals for 2018:

  • Increased coverage and capacity from AT&T's FirstNet build. Plus, access to mobile dedicated network assets that can be deployed for additional coverage and support when needed.
  • Launch of the AT&T-built FirstNet nationwide, dedicated evolved packet core network with end-to-end encryption. All FirstNet traffic will be routed through this multi-million-dollar core to give first responders the separate, highly secure, non-commercial network they deserve.
  • Access to a dedicated Security Operations Center, offering 24/7/365 support.
  • Roll out of a range of next-generation public safety tools. This includes mission-critical push-to-talk and device offerings, like BYOD, to bring value to urban and rural first responders.
  • Continued innovation with the FirstNet app ecosystem. This will be supported by FirstNet-focused hackathons in the new year to help fuel development.

Gigamon's $1.6B privatization deal has been completed

Gigamon confirmed the completion of its acquisition by Elliott Management, a leading multi-strategy private investment firm, and the Qatar Investment Authority.

The acquisition, valued at approximately $1.6 billion, was approved by Gigamon shareholders on December 22, 2017. As a result of the completion of the transaction, shareholders will receive $38.50 per share in cash and Gigamon common stock will no longer be listed for trading on the NYSE.

"This is a pivotal day for Gigamon employees, customers and partners around the world. With the acquisition complete, our team will continue to execute strategic initiatives that will both empower our customers with new, rich functionality and drive Gigamon to the next level of growth," said Paul Hooper, Chief Executive Officer of Gigamon. "As a private company, we will continue to build upon our leading technology foundation and transform the market we created and lead. With our Security Delivery Platform, we are in a unique position to enable NetOps and SecOps teams to work together addressing the common goal of securing their enterprise while containing costs and minimizing complexity. Working closely with Evergreen, we are entering a new and exciting era."

Elliott Management to privatize Gigamon in $1.6 billion deal

Elliott Management, a private investment firm known for shareholder activism, will acquire Gigamon for $38.50 per share in cash, for a total value of approximately $1.6 billion, making Gigamon a privately-held company. Elliott Management and its affiliates currently hold a 7.0% equity voting stake in Gigamon.

Gigamon's recent revenue trends
         2017                        2016
Q3    $79.2 million          $83.5 million
Q2    $69.1 million          $75.1 million
Q1    $69.6 million          $66.9 million

Serverfarm acquires data center in Atlanta

Serverfarm, a privately-owned data center developer and operator, has acquired the 305 Satellite Blvd data center complex in Suwanee, Georgia. The data center encompasses 153,000 square feet and has significant fiber and network access. Financial terms were not disclosed.

Serverfarm now has over 1 million square feet of data center space in seven North American markets (Moses Lake, WA; Santa Clara, CA; Chicago, IL; Charlotte, NC; Oak Brook, IL; and Toronto, ON).


Vodafone: IoT Trends for 2018

by Ludovico Fassati, Head of IoT for Vodafone Americas

IoT will drive business transformation

Companies that have adopted IoT see the technology as mission critical to their business. These companies are leading the way when it comes to digital transformation initiatives. According to Vodafone’s 2017/18 IoT Barometer, 74% of companies that have adopted IoT agree that digital transformation is impossible without it. The businesses that implement IoT solutions in the next year will have a clear advantage over competitors when it comes to evolving their digital capabilities.

LP-WAN solutions will open up the IoT market

IoT adopters have great expectations for the future of the technology, and new connectivity options like Low-Power Wide Area Networks (LP-WAN) are making innovation possible. LP-WAN technologies, like Narrowband IoT (NB-IoT) allow for increased network coverage over a wide area at a low cost, making them an ideal solution for adding connectivity in hard-to-reach places. According to the analyst firm Analysys Mason, once there is greater awareness and understanding of LP-WAN, there will be new wave of growth in this area. LP-WAN technologies will begin to open the IoT market to applications that have not previously benefitted from connectivity.

IoT will become central to enterprise IT functions

Today, most major enterprises have already integrated IoT into their core systems and initiatives to drive digital businesses. We will continue to see connectivity become part of the enterprise IT fabric – in fact, within five years, IoT will be core to millions of business processes. In the future, companies may even take for granted that devices and appliances like vehicles and HVAC systems can be controlled and monitored remotely, thanks to IoT connectivity.

Companies will be increasingly confident in IoT security solutions

As with any new technology, security remains a top concern when it comes to IoT. However, businesses with large IoT implementations are becoming more confident, given that they have the expertise and resources necessary to tackle security concerns. These organizations will begin to see these security measures as enablers that give them the confidence to push business forward. As the technology matures, trust in IoT-enabled applications and devices will only continue to grow.

Businesses will see unexpected benefits from IoT adoption

Companies that integrate IoT solutions will see a number of benefits from the technology. The benefits go way beyond just enabling better data collection and business insights. IoT will be seen as a driver of improvements across businesses – organizations are already using IoT to reduce risk, cut costs, create new revenue streams, improve employee productivity, enhance customer experience and more. Businesses are likely to see even more benefits as they implement the technology across operations.

Tuesday, January 2, 2018

Reliance Jio to acquire infrastructure of Reliance Comm

Reliance Jio Infocomm, the fastest growing mobile operator in the world and which is a subsidiary of Reliance Industries Limited, agreed to acquire specified assets of Reliance Communications Limited and its affiliates.

The sale includes assets under four categories – Towers, Optic Fiber Cable Network, Spectrum and Media Convergence Nodes, specifically:

  • 122.4 MHz of 4G Spectrum in the 800/900/1800/2100 MHz bands 
  • Over 43,000 towers, amongst the top 3 independent tower holdings in India 
  • ~ 1,78,000 RKM of fiber with pan India footprint 
  • 248 Media Convergence Nodes, covering ~5 Million sqft used for hosting telecom infrastructure

The deal was valued at US$$3.77 billion, according to media reports. Reliance Communications said it will use the proceeds for debt repayment and that it retains its other businesses including its enterprise networking practice, its data centers, and its subsea cable network.
Reliance Jio said the assets are strategic in nature and are expected to contribute significantly to the largescale roll-out of wireless and Fiber to Home and Enterprise services in India.

Reliance Jio was the winning bidder in a sale mandated by the lenders of Reliance Communications. The sale was managed by SBI Capital Markets Limited. The acquisition is subject to receipt of requisite approvals from Governmental and regulatory authorities, consents from all lenders, release of all encumbrances on the said assets and other conditions precedent.

Huawei remains strong and steady as 2017 growth rate slows to 15%

Huawei expects its revenue for 2017 to show a 15% year-over-year increase, its slowest rate of growth since 2013, according to a New Year's message to staff posted by Huawei rotating CEO Ken Hu. Hu cited fluctuations in telco investment cycles but said the overall business remains strong.

Huawei's final revenue figure for 2017 should be in the range of 600 billion yuan (US$91 billion).

In the enterprise sector, Huawei is focused on opportunities in cloud, campus networks, data centers, and IoT. Hu said 197 companies in the Fortune Global 500 have selected Huawei as their digital transformation partner.
On the consumer side, Huawei sold a record 153 million smartphones during 2017, representing 10% global market share.

The past year also saw the formation of a Cloud Business Unit, whose portfolio has already grown to include 97 different services across 14 major categories.

A final note - in 2018, Huawei will celebrate the 30th anniversary of its founding. Hu said the vision remains to "bring digital to every person, home and organization for a fully connected, intelligent world."

http://www.huawei.com/en/special-release/new-year-message-2018?utm_medium=sm&utm_source=twitter&utm_campaign=MBBF


Huawei Forecasts 2017 Sales will Continue to Rise Dramatically


Huawei expects its 2017 sales revenue to reach 520 billion yuan (US$74.8 billion), up 32% year-on-year. In a New Year's message, Huawei Rotating CEO Eric Xu said the company made significant progress in 2016 in improving its efficiency and quality. "Fear not the drifting clouds that block your eyes: beneath shifting sands bright gold still lies. The year 2016 has seen a flock of black swans – both political and economic – sweep across the globe....


CenturyLink appoints EVP Marketing and EVP Product Management

CenturyLink announced the appointments of Gaurav Chand as executive vice president – marketing and of Shaun Andrews as executive vice president - product management. Both report to Chief Operating Officer Jeff Storey.

Previously, Chand served as the global senior vice president, marketing – infrastructure solutions group for Dell EMC.

Andrews was previously the senior vice president, IP and real-time communications for Level 3, and has nearly 25 years of experience in the telecommunications industry. Prior to Level 3, Andrews held a number of senior-level roles in product development, product management, sales and business development at IntelePeer, WilTel and SBC Communications. Andrews focuses on the company's go-to market strategy, pricing, product management and product marketing.

Wednesday, December 20, 2017

5G New Radio (NR) Specs Approved

The 3GPP initiative officially approved the 5G New Radio (NR) specifications. Balazs Berenyi, 3GPP RAN Chair, described the approval as "an impressive achievement in a remarkably short time, with credit due particularly to the Working Groups."

At Mobile World Congress 2017 in February, major mobile network operators and vendors issued a call to accelerate the 5G New Radio (NR) standardization schedule to enable large-scale trials and deployments a year earlier than the previously expected timeline. Companies backing this accelerated schedule for 5G include AT&T, NTT DOCOMO, SK Telecom, Vodafone, Ericsson, Qualcomm, British Telecom, Telstra, Korea Telecom, Intel, LG Uplus, KDDI, LG Electronics, Telia, Swisscom, TIM, Etisalat Group, Huawei, Sprint, Vivo, ZTE and Deutsche Telekom.

The first 3GPP 5G NR specification will be part of Release 15 - the global 5G standard that will make use of both sub-6 GHz and mmWave spectrum bands.

"We view both the Non-Standalone and Standalone modes of New Radio as equally important for the completeness of the 5G standard specification. This timely finalization of NSA is one important step on that journey and in the development of the 5G ecosystem," said Bruno Jacobfeuerborn, CTO Deutsche Telekom. "It is crucial that the industry now redoubles its focus on the Standalone mode to achieve progress towards a full 5G system, so we can bring key 5G innovations such as network slicing to our customers."

"The first version of 5G NR not only provides a NSA solution for 5G deployment but also completes the common part of NSA and SA, which lay a solid foundation for a global unified 5G system with global market scale. We believe the next important milestone that is SA standard providing end to end 5G new capability could be completed by June of 2018, which is very crucial to enable the operators to explore the enterprise and vertical markets. China Mobile is actively working with industry partners for 5G commercialization in year of 2020 and providing various services to customer." said Zhengmao Li, EVP of China Mobile Group.

Erik Ekudden, CTO at Ericsson, said: "3GPP has done a tremendous job to complete the first 5G specifications according to industry demand and expectations. As a prime contributor to 5G standardization, Ericsson has worked with industry partners in the evolution of mobile technology to a global network platform for consumers and enterprises. Our research team has worked on 5G since 2010 including early 5G testbed efforts created together with these industry partners. The open contribution-driven specification work and the rapid completion of the first 5G standards for global deployment demonstrates the strength of the 5G eco-system."



In October 2016, Verizon, Qualcomm Technologies, and Novatel Wireless, confirmed plans to expedite the rollout of 5G New Radio (NR) millimeter wave (mmWave) technology.  The companies have agreed to collaborate on over-the-air field trials based on the 5G NR Release-15 specifications being developed by 3GPP, with hopes of moving the mobile ecosystem towards faster validation and commercialization of 5G NR mmWave technologies at scale before the end of the decade.

The expedited plan call for an initial focus on 5G NR operation in 28 GHz and 39 GHz mmWave spectrum bands. The goal is to achieve robust multi-gigabit per second data rates with mobility at significantly lower latencies than today’s networks. Over-the-air trials are expected starting in 2018, that will be compliant with the first 3GPP 5G NR specification that will be part of Release 15. The trials will utilize 5G NR mmWave mobile test platforms from Qualcomm and will employ advanced 5G NR Multiple-Input Multiple-Output (MIMO) antenna technology with adaptive beamforming and beam tracking techniques.

In September, Deutsche Telekom activated its first, pre-standard 5G connection over its commercial network in central Berlin using 3.7 GHz spectrum.The 5G connection is operating a over 2 Gbps with a low latency of three milliseconds.

Huawei supplied the user equipment based on 3GPP specifications for 5G New Radio (NR), the deployment on commercial sites is the first in Europe and marks an important advancement in the global development of 5G.  

France's Iliad to acquire Ireland's Eir for €3.5 billion

Iliad, the fully-integrated operator in France with nearly 20 million subscribers, has agreed to acquire eir, the Irish telecommunications and broadband carrier, for approximately €3.5 billion.

eir, which was formerly the state-owned telecom monopoly in Ireland until 1999 (Telecom Eireann), is currently owned by an investor group including Anchorage Capital Group, L.L.C, Davidson Kempner Capital Management LP, GIC, and management.

The offer from Iliad is backed by NJJ Group, the private investment firm of telecoms investor and operator Xavier Niel, who is a prominent French businessman.  Niel is the founder of and owns 52% of Iliad where he serves as Deputy Chairman and Chief Strategy Officer. Under the deal, NJJ will own 32.9% of eir. Iliad SA will own 31.6% of eir. Shareholders Anchorage Capital Group and Davidson Kempner will retain a combined 35.5% share in the company, respectively 26.6% and 8.9%.

eir had revenue of €1.3 billion and earnings before interest, taxation, depreciation and amortisation of €520 million in the financial year to June 30, 2017. eir has about 32% share of the retail fixed broadband market in Ireland. Its share of the retail mobile market is about 18%.

Some additional notes about eir's operations in Ireland as of 30-September-2017:

  • 1,061,000 total mobile customers
  • 48.5% of customers are on postpay contracts
  • eir has approximately 96% LTE coverage
  • Strong momentum in FTTH connections - 12,000 connections, 72% of customers new to eir
  • 1,700,000 premises passed with fibre, including 80,000 of the 300,000 rural premises 
  • 551,000 fiber broadband connections, 61% of total broadband base
  • 896,000 total broadband connections, up 42,000 or 5% year on year 
  • 25% of customers now on triple or quad play bundles
  • eir Vision TV service has a customer base of 71,000 customers, up 17,000 year on year


Iliad, which operates under the "Free" brand, had nearly 13.4 million mobile and 6.5 million broadband subscribers as of 30-September-2017. Its market capitalisation is approximately €12 billion.

Xavier Niel, Iliad and NJJ Telecom Europe, said: "eir is an essential part of the Irish economy and we have closely followed its transformation over the last five years through the excellent work of its team. We are a long-term investor in the telecoms sector and bring global knowhow to eir. In our businesses in France, Monaco and Switzerland we have consistently delivered investment in infrastructure, while driving down prices for consumers.

Carl Leaver, Chairman of Eircom Holdings (Ireland) Limited, said: “Today marks an important milestone for eir, our customers and indeed for Ireland itself. Iliad and NJJ Telecom Europe bring a wealth of global telecommunications experience which will be of huge benefit to eir and its customers. Coupled with the continued involvement of our existing shareholders, Anchorage Capital and Davidson Kempner, the company is well positioned to continue its operational transformation, underpinned by sustained investment, innovative products and services and improved financial performance”.

The acquisition requires regulatory consent from the government of Ireland and the EU.

AT&T to boost CAPEX by $1 billion, issue $1,000 bonus to 200K employees

In recognition of the new tax reform legislation, AT&T announced plans to boost its 2018 CAPEX by $1 billion and to pay a special $1,000 bonus to more than 200,000 of its U.S. employees — all union-represented, non-management and front-line managers.

“Congress, working closely with the President, took a monumental step to bring taxes paid by U.S. businesses in line with the rest of the industrialized world,” said Randall Stephenson, AT&T chairman and CEO. “This tax reform will drive economic growth and create good-paying jobs. In fact, we will increase our U.S. investment and pay a special bonus to our U.S. employees.”

Top 5 Container Predictions for 2018

by David Messina, CMO, Docker

Prediction #1: The next big security breach will be foiled by containers

As we witnessed with the Equifax breach in early September, data breaches can place personal data at risk and in doing so, erode consumer confidence. But what if you could prevent a major breach by simply placing the software in a container? The Equifax breach occurred when a piece of web software was vulnerable and exposed to hackers. Containers act to reduce the attack surface available for exploitation, and in doing so greatly increase the difficulty and minimize the possibility of many forms of compromise. In many cases, simple steps like using read-only containers will fully mitigate a broad range of attack vectors.
                                                                                                                                                                    From being ephemeral and isolated in nature to enabling frequent patching and scanning against the latest CVEs, containers are vital to securing the software supply chain. Containers will be more widely relied upon in the coming year to combat future threats.

Prediction #2: Complexity and time to market will thwart PaaS adoption

As calls for accelerated cloud strategies only get louder across the Global 10K, it's becoming increasingly clear that outdated Platform as a Service (PaaS) frameworks are not equipped to handle the demand of managing all of the applications that are part of today’s modern enterprise. For the past few years, utilizing PaaS has been considered a cutting-edge approach to migrating your apps to the cloud. What is often overlooked, is the time required to set up PaaS frameworks, retrain employees and re-code each application - efforts that can take a year to drive and complete. In 2018, we expect to see PaaS adoption stall as enterprises recognize the time to value is too prolonged for the current and future pace of business. This will give way to accelerated Container as a Service (CaaS) platform adoption as enterprises look to migrate more workloads to the cloud while achieving greater agility, innovation, and cost-efficiencies.

Prediction #3: Containers will break the 80/20 Rule for IT budgeting 

It’s widely understood that CIOs typically commit 80% of their budget towards maintenance with only 20% left for innovation - a major roadblock in the path to digital transformation. We expect this to change in 2018 as CIOs rewrite the 80/20 rule in favor of innovation by unlocking new methods for managing and modernizing their legacy apps. In the past, application modernization required refactoring apps, ripping/replacing existing infrastructure and implementing new processes. Instead, enterprises are now using containerization for meaningful application modernization results in days. Organizations will reap the benefits of cloud portability and security while using the significant cost-efficiencies to reinvest their savings in more strategic digitization efforts.

Prediction #4: Security, not orchestration, will write the next chapter of containerization

2016 and yes even some of 2017 might have been about the orchestration wars but now that companies like Docker offer a choice of orchestration, some might argue that orchestration has been largely commoditized. With container adoption expected to grow into a nearly $3 billion dollar market by 2020 according to 451 Research and Docker itself experiencing more than one billion downloads bi-weekly, security will be the next frontier that companies need to address. Ironically, the threats will come from the applications themselves, making “container boundaries” an imperative for segmenting and isolating threats. The container boundary can also make it more difficult for an attacker to get the data out, resulting in detection. Securing the software supply chain will be paramount to safeguarding the application journey.

Prediction #5: CIOs will accelerate plans for digital transformation with containers

Although “digital transformation” has become somewhat of a buzzword as of late,  enterprises certainly accept the idea behind it - and with a greater sense of urgency. According to Gartner, as many as two-thirds of business leaders are concerned that their companies aren’t moving fast enough on the digital transformation front, leading to potential competitive disadvantages. In 2018, CIOs will increasingly feel the pressure to speed up digitization efforts and will accelerate their journey through containers. As businesses build out and implement strategies around cloud migration, DevOps and microservices, containers will play an increasingly important role in achieving these initiatives. By Dockerizing their applications, our enterprise customers have experienced the immediate benefits of digital transformation: faster app delivery times, portability across environments, hardened security and more.

Comcast to Boost CAPEX, issue $1000 Holiday Bonuses

Following the passage of the tax reform legislation, Comcast announced plans to increase its capital expenditures and to issue $1,000 bonuses to more than one hundred thousand eligible frontline and non-executive employees.

Comcast said it now plans to spend "well in excess of $50 billion over the next five years investing in infrastructure to radically improve and extend our broadband plant and capacity, and our television, film, and theme park offerings.

Further details will be disclosed in the upcoming earnings report on January 24th.

Vodafone initiates 5G trial with Ericsson

Vodafone UK is conducting a trial of pre-standard 5G using 3.5 GHz spectrum in central London.

The testing is carried out in partnership with Ericsson and King’s College London. The trial includes both indoor and outdoor configurations using MIMO, beamforming, beam tracking, and other advanced technologies.

Vodafone UK Head of Networks Kye Prigg said: “We’re delighted to be the first provider to test standalone 5G in the field, however, building a 5G network will take time. Right now, we’re also modernising our network by making smarter use of our existing mobile technology to keep ahead of consumption demands and provide the mobile coverage our customers deserve.

“5G also needs fibre optic cables. Together with CityFibre, we will soon start work installing the advanced fibre networks providing high-capacity backhaul connections required for 5G mobile services.”

Fyusion raises $22M for computer vision

Fyusion, a start-up based in San Francisco, announced $22 million in Series B funding for its work in 3D computer vision and machine learning.

Fyusion's mission is "to pioneer real-time visual understanding of the physical world using any camera though with a focus on Android & iOS devices." The technology creates immersive, interactive 3D images called ‘fyuses’ by moving any camera around a person, object or scene. Fyusion says its 3D AI technology is capable of understanding these people, objects, and scenes, live in the camera, and with extreme precision. The company also claims to have the world’s largest database of digitized real-world 3D images, updated monthly by tens of millions of users across commercial OEM partnerships. Gionee, Huawei, TCL, and ZTE are Fyusion’s OEM partners.

New Enterprise Associates were a follow-on institutional investor alongside new investors Presence Capital and 2020, a fund partnered with Hon Hai Precision Industry Co., Ltd. New strategic investors include one of the top 3 global smartphone makers, NTT Group’s corporate venture capital firm NTT DOCOMO Ventures, publicly-traded Japanese gaming company Colopl, and Gionee – a Chinese smartphone company. Fyusion has raised a total of $38 million since its inception in 2014.


Radu B. Rusu, CEO of Fyusion said: “We’re delighted to have welcomed investors with such knowledge and connections in the very areas that Fyusion is focused on. These are incredible partners who understand how Fyusion’s 3D AI imaging will drive growth in many key global industries over the coming years.”

Anodot raises $23M for AI-driven analytics

Anodot, a start-up based in Ra'anana, Israel with offices in Sunnyvale, California announced $23 million in Series B funding for its AI-powered analytics.

Anodot's AI-powered analytics tracks and correlates massive volumes of business and technical data in real time to identify business incidents, such as e-commerce glitches. The company recently achieved Amazon Web Services' Machine Learning competency, a status held by only 17 companies globally.

Anodot cited several examples: it insights enabled a retailer to update its pricing to address competitor's bidding activity that was affecting product revenue; a mobile games company to resolve customer engagement drops resulting from its AB tests, and a fintech company to protect its revenue by reducing incident resolution time by 99%.

Over the past year, Anodot says it has more than tripled its revenues, with customers such as Foursquare, Lyft, Microsoft, Upwork and Waze (Google).

The most recent investment was led by Redline Capital Management together with existing investors Aleph Venture Capital and Disruptive Technologies Venture Capital.

Anodot is led by David Drai, co-founder and CEO who previously co-founded Cotendo (acquired by Akamai). Also on the Anodot founding team are Ira Cohen, formerly Chief Data Scientist at HP, and software R&D executive Shay Lang.

SendBird raises $16M for chat and messaging APIs

SendBird, a start-up based in Redwood City, California with R&D in Seoul, Korea, raised $16 million in Series A funding for its API and SDK for in-app chat and messaging.

SendBird said its API is now powering chat for over 6,500 applications in 153 countries globally. It can support over a million concurrent users for each application.

The funding round was led by Shasta Ventures and August Capital with participation from existing investors at Y Combinator and FundersClub.

"It's our mission to digitize human interactions for businesses," said John S. Kim, Chief Executive Officer and Co-Founder, "With the new round of financing, we can accelerate our plan to help companies rapidly increase the engagement and retention of their users by enabling real-time conversation with our chat API."