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Innovation Across the Digital Infrastructure Stack From Silicon Valley to the global infrastructure ecosystem, Converge Digest tracks the companies building tomorrow’s networks. |
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France-based Kalray, a fabless developer of high-performance, low-power ‘manycore’ microprocessors: 1. Founded as a spin-off by technology investment firm CEA Investissement in 2008 and developer of the patented massively parallel manycore architecture, MPPA (massively parallel processor array). 2. Offering manycore processors designed to enable high performance computing with low power consumption and low latency targeting […]
Montreal-based eStruxture Data Centers, a new network and cloud-neutral data centre operator, has announced the development of its Canada-wide platform, designed to meet the growing demand for large, energy efficient data centres that is being driven by the adoption of cloud services and demand for data storage within Canada. The company stated that it has […]
Optoscribe based in Livingston, Scotland, a global supplier of glass-based integrated photonics components, announced that it has closed a series B investment round of $2.3 million (GBP 1.8 million) that will support its expansion and product supply plans. The second round of funding was led by Scottish business angel investment syndicate, Archangels, and supported by […]
Fastly based in San Francisco, the edge cloud platform: a. Founded in 2011 by Artur Bergman, current CEO of Fastly. b. Developer of an edge cloud platform designed to enable secure and scalable delivery of digital services. c. Which has raised total funding of approximately $129 million in four rounds from investors including Iconiq Capital, […]
Cisco agreed to acquire MindMeld, a start-up based in San Franciso that is developing a conversational platform based on natural language understanding (NLU). The deal was valued at $125 million in cash and assumed equity awards. The acquisition is expected to close in Cisco’s fourth quarter of fiscal year 2017. The MindMeld platform can be […]
Versa Networks announced a significant expansion of its software-defined networking (SDN) capabilities from SD-WAN to software-defined branch (SD-Branch). The Versa Cloud IP Platform now enables large enterprises and service providers to virtualise and software-define the branch and WAN to help reduce complexity and increase IT agility. Versa has enhanced the capabilities of the Versa Cloud […]
Datos IO, a start-up developing application-centric data management technology for cloud environments, announced that Cisco Investments and NetApp have become strategic investors in the company. Datos IO stated that it plans to use the proceeds of this investment to develop its application-centric technology that is designed to provide customers with enhanced backup storage efficiency and […]
Cisco agree to acquire Viptela, a start-up specializing in software-defined wide area network (SD-WAN), for $610 million in cash and assumed equity awards. Equity investors in Viptela included Cisco, Redline Captial, Northgate Capital and Sequoia Capital. Viptela, which is based in San Jose, California, developed a secure overlay fabric for SD-WAN, Cloud Onramp and Network-as-a-Service […]
Rubrik, a start-up based in Palo Alto, California, closed $180 million in Series D funding for its cloud data management solutions. Rubrik’s platform delivers automated cloud data backup, instant recovery, offsite replication and data archival capability. One Intel-powered appliance manages all data in the cloud, at the edge, or on-prem for backup, DR, archival, compliance, […]
Enablence Technologies of Ottawa and Fremont, California, a supplier of optical components and subsystems for access, metro and long-haul markets, announced its intention to complete additional financing for approximately C$6 million. Enablence also announced the termination, by mutual agreement, of the non-binding letter of intent (LoI) with Esrey Energy as announced on December 8, 2016, […]
NFWare, a developer of network software designed to enable processing of traffic at the speeds of dedicated hardware using standard x86 servers, a. Founded in 2014 by Alexander Britkin, current CEO, lead developers Igor Ryzhov and Pavel Ivashchenko and Ruslan Smelyanskiy as a spin-off start-up from non-profit organisation Applied Research Center for Computer Networks (ARCCN) […]
Rigetti Computing, a start-up based in Berkeley, California, announced $64 million in Series A and B funding for its efforts in quantum computing. Rigetti, which was founded by Chad Rigetti in 2013, is building a cloud quantum computing platform for artificial intelligence and computational chemistry. It recently opened up private beta testing of its API […]
Kaloom, a Montréal, Canada and Silicon Valley based software start up that is developing a next generation networking solution for the data centre, which: a. Was founded by technology veterans with experience in delivering large scale networking solutions via roles at companies including Ericsson, Redback Networks, 3Com, Nortel and Apple. b. Is developing a solution designed […]
