Cloudian raises $60m to grow hybrid cloud data platform

Cloud

Cloudian, a hybrid cloud data storage company, has raised $60 million (£48m) in funding to expand its reach and accelerate its hybrid cloud platform.

The funding round saw Digital Alpha, Eight Roads Ventures Japan, INCJ, Intel Capital and numerous other investors participating.

Cloudian says its hybrid cloud data management software can transform servers, VMs, containers, and public clouds into a pool of S3 API-compatible object storage resources.

Cloudian’s...

Demystifying the buzzwords: SASE and SSE markets set for solid growth in 2023 

SASE, SSE, or something else? The backstory for each of these buzzwords is as complex as the technology itself. The simple version is that, as enterprises need to modernise their network and security architecture with the demands of a remote workforce, the secure access service edge (SASE) and secure service edge (SSE) markets will see solid growth through 2023. 

That is the verdict from telecom analyst Dell’Oro Group and security vendor Axis respectively. Dell’Oro believes...

Schneider Electric works with BitSight on industry edge security

Warehouse

Energy management company Schneider Electric has partnered with cybersecurity ratings firm BitSight to improve threat detection in the operational technology (OT) sector.

Industrial edge assets will be protected through a joint threat intelligence solution designed to identify deployments that could be prone to attacks or security weaknesses.

The companies plan to focus on OT protocols exposed over the internet and contextualise them with improved attribution. The...

Nokia survey reveals ROI for private wireless networks

Investment

Nearly 80% of organisations that adopt private wireless networks expect to or have already seen a return on investment (ROI) within six months, a Nokia survey has revealed.

The research, conducted by GlobalData, aimed to understand the impact private wireless networks have on enterprises. It also found that more than half of respondents had enjoyed reduced costs since installing private wireless technology.

GlobalData surveyed 79 key decision makers at multinational...

Equinix and Aviatrix partner on encrypted multicloud solution

Data

Data centre provider Equinix has partnered with cloud networking company Aviatrix for a joint solution designed to help enterprises manage multicloud networks.

The move fits in to Equinix’s broader strategy to provide customers with digital services designed to accelerate innovation.

Aviatrix Edge will be available on Equinix’s Network Edge platform across more than 25 of the company’s data centres via a high-performance encrypted connection.

“We are...

Lumen Technologies brings edge solutions to APAC region

Singapore

Network solutions provider Lumen Technologies is expanding its portfolio of edge computing solutions into the Asia-Pacific region (APAC).

Lumen’s offering in the region will include its Edge Bare Metal pay-as-you-go hardware solution for servers, taking advantage of sites in Singapore and Japan.

The company claims to facilitate application performance with a maximum of five milliseconds of latency through its edge node fibre network. Its launch in the region will help...

Versa Networks secures £105m for SASE security platform

Cyber Security

Secure networking firm Versa Networks has secured £105 million in a pre-IPO round of investment for its Secure Access Service Edge (SASE) platform.

The company, which has raised £276 million across seven funding rounds since 2012, plans to use the funds to better market itself and further advance the SASE industry.

Kelly Ahuja, CEO at Versa Networks, said: “This funding will allow us to expand our go-to-market and accelerate new innovations that will further expand...

Kneron bags £42m funding for next-gen AI hardware solutions

Full-stack edge AI developer Kneron has secured £42.5 million in a Series B funding round led by Horizon Ventures.

New investors joining the round included LITEON, an electronics and power solutions firm, as well as ADATA, a memory compute provider. The new round brings Kneron’s total funding to slightly more than £124 million.

The company plans to use the funds to accelerate its research and development to produce next-gen AI inference modules.

Albert Liu,...

Sunlight.io joins 5G Open Innovation Lab’s Fall programme

Fall

Edge infrastructure company Sunlight.io is participating in the 5G Open Innovation Lab’s Fall programme along with three new corporate partners and fifteen start-ups.

The 5G Open Innovation Lab is a collaborative ecosystem focused on development between start-ups, industry leaders, and investors. It supports start-ups in achieving their goals and building innovative technologies.

Since its beginnings in 2020, the Lab has attracted partners such as Dell Technologies,...

IBM and Bharti Airtel to deliver edge services over 5G to India

Interconnected Globe

IBM plans to work with Indian telco Bharti Airtel to bring secure edge cloud services through 5G networks to the nation’s enterprises.

The Airtel edge platform will combine IBM Cloud Satellite with Red Hat’s OpenShift technology. Maruti Suzuki, India’s largest passenger car maker, already plans on using the platform to make its quality inspections faster and more accurate.

Rajesh Uppal, senior executive director of HR and IT at Maruti Suzuki, said: “At Maruti...