Mavenir | May 30, 2022
Mavenir, the network software company transforming the way the world connects by contributing to the growth of networks with cloud-native software that runs on any cloud, today announced that it has won the SCF Small Cell Awards 2022 for Significant Contributions to Emerging Technology or Architecture for its design and delivery of the first fully containerized small cell Open Virtualized Radio Access Network (Open vRAN) for indoor and outdoor connectivity.
Mavenir's containerized Open vRAN solution is the first of its type, combining Open RAN compatibility with container mobility and flexibility. This small cell solution applies the same forward-thinking ideas that have had substantial benefits in macro networks to small cell networks.
The adoption of a containerized solution is an important step in the development of connectivity, as it shifts away from physical infrastructure and toward a digital cloud-based environment. Containers advance virtualization by enabling network workloads to operate anywhere: on-premise, private cloud, or public cloud. The same solution may be readily migrated to a new platform with no modifications, resulting in the optimum resource usage at the best pricing. Containerization gives more flexibility while also providing considerable advantages in terms of deployment time and cost. Moving network operations to a new platform takes just minutes.
The combination of Open RAN with containerization in a single architecture results in:
By reducing the profitability barrier for small cell installations, new income sources are created.
more task management flexibility
increased supplier pool and promotion of innovation
“The judges were excited by this solution because it has combined two important technologies in a way that contributes to a key goal for operators – fully distributed load and traffic management. This will be very important for making virtualized small cell networks scalable and efficient.”
Caroline Gabriel, Rethink Technology Research
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McAfee | July 12, 2022
McAfee Corp., a global leader in online protection, announced a multi-year partnership with Telstra, Australia’s leading telecommunications and technology company, to deliver comprehensive protection to safeguard the privacy and identity of consumers across activities, devices, and locations. The partnership will grant new and existing Telstra customers easy access to McAfee’s leading security solutions to deliver holistic security and privacy protection through its integrated suite of services including Antivirus, Parental Controls, Identity Protection, Secure VPN and more, to protect and secure multiple devices including mobiles, PCs and laptops.
“A recent McAfee study found 27% of Australians surveyed reported attempted account theft and 23% had experienced financial account information leaks,” said Pedro Gutierrez, Senior Vice President of Global Sales and Operations at McAfee. “As the proliferation of life online accelerates, we are thrilled to be partnering with Telstra who are showing through this collaboration, a commitment to innovation and to their customers by investing in new infrastructure and technologies that safeguard their mobile and broadband subscribers.”
McAfee’s integrated consumer security platform offers a wide array of mobile security solutions to protect customers’ privacy and identity while blocking viruses, malware, spyware, and ransomware attacks. This partnership allows Telstra’s customers to take advantage of these capabilities and protect themselves from additional threats including potential hacks, identity theft and broader gaps in online and mobile security so they can live life confidently online.
“In today’s increasingly connected world the risk of cyber threats continues to grow. To counter the risk, Telstra is committed to providing our customers with the safety and security features needed to protect them online,” said Matthew O’Brien, Cyber Security Executive and Group Owner at Telstra. “This partnership with McAfee helps drive our mission to build a safe and secure connected future where everyone can thrive, and further complements Telstra’s T25 ambition to extend our network leadership position by delivering greater value to our customers.”
To activate Device Security, Telstra customers can simply go in-store, online or to their MyTelstra app. The full suite of McAfee features supported include Antivirus/System Scan, Safe Browsing, Protection Center, Identity Protection, Password Manager, Parental Controls, Protection Score and Secure VPN. All eligible Telstra customers can try Device Security for three months on Telstra, then auto-roll onto $10/month after.
McAfee Corp. is a global leader in online protection. Focused on protecting people, not just devices, McAfee’s solutions adapt to users’ needs in an always online world, empowering them to live securely through integrated, intuitive solutions that protect their families and communities with the right security at the right moment.
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ZEDEDA | July 25, 2022
ZEDEDA, the leader in edge orchestration, announced today that it has closed $26 million in Series B funding, capping a period of exponential growth. The broad range of new and existing investors — including Coast Range Capital, Lux Capital, Energize Ventures, Almaz Capital, Porsche Ventures, Chevron Technology Ventures, Juniper Networks, Rockwell Automation, Samsung Next and EDF North America Ventures — signals the importance of edge computing to companies across all industries and verticals.
All existing investors participated in this latest round of financing, which has doubled the previous investment in the company. ZEDEDA has now raised more than $55 million since its inception.
“All aspects of our business — from a growing base of Global 500 customers to major strategic partnerships and growth in deployed edge nodes — are on a terrific path,” said Said Ouissal, founder and CEO of ZEDEDA. “This latest round of investment validates that our open framework and ecosystem approach to the distributed edge is the ideal choice for the future of connected operations.”
A recent Worldwide Edge Spending Guide from IDC forecasted double-digit growth for investments in edge computing. This year’s total is expected to be $176 billion, an increase of 14.8% over 2021, with a 2025 target of nearly $274 billion.
“The market for edge computing solutions is poised for tremendous expansion, and we believe ZEDEDA will be a major contributor,” said Tom Gallo, Managing Partner at Coast Range Capital. “They combine innovation and expertise like no one else in the industry, and we are excited to join them on their journey in this round of funding.”
“Businesses worldwide are looking to take advantage of the benefits of edge computing as they look for ways to support remote work and improve efficiency,” said Bilal Zuberi, Partner at Lux Capital, who has participated in every fundraising round for ZEDEDA. “As a long-time investor, we’re excited to double down with ZEDEDA as they continue to grow rapidly.”
ZEDEDA to Accelerate Momentum After a Year of Dramatic Growth
The past 12 months have seen a sharp increase in ZEDEDA’s growth as a company. Revenue is up 7x year-over-year, while at the same time, its number of nodes under management has risen by 4x. ZEDEDA’s strong growth is fueled by existing customers now applying the company’s solution across different edge deployments in addition to new customers beginning their edge deployments.
ZEDEDA will use the latest round of funding to support its expanding customer base, accelerate research and development and expand its marketing and sales operations. The budding ecosystem around the industry’s first open orchestration solution has attracted strategic partnerships and integrations with Google, Microsoft, PTC, and SUSE. ZEDEDA’s expanding customer base includes OEM activities with Global 500 companies, including a leading global virtualization software provider and a leading industrial automation company.
Strategic Investor Perspectives on $26M Series B Funding Round
The wide adoption of cloud computing by distributed organizations is accelerating the growth of edge computing, as organizations across all verticals are implementing business-transforming use cases. Industries from manufacturing to energy to automotive are turning to edge computing to manage and process vast amounts of data from new sources within their distributed operations and organizations.
“Hardware diversity on the edge is a challenge for many global companies. ZEDEDA’s technology has the potential to unify an entire ecosystem of hardware and apps. The technology is designed to enable remote device management and application orchestration that could improve data visibility, control and security,” said Jim Gable, Vice President, Innovation and President of Technology Ventures at Chevron. “This is the latest investment from our Core Energy Fund 7, which focuses on operational enhancement, digitalization and lower carbon technologies.”
“The explosion of data generated from the ever-growing number of devices, machines and sensors at the edge of the network is driving a fundamental shift and the need to build next-generation AI-driven networks with intelligent edge computing and processing capabilities,” said Sujai Hajela, EVP, AI-Driven Enterprise at Juniper Networks. “ZEDEDA provides a unified orchestration experience across hardware, software, networks and clouds, and this, along with impressive execution and ability to meet the ambiguous and evolving demands of today’s enterprise edge market, has made them a trusted partner for organizations looking to transform their operations.”
“Managing data at the edge is increasingly mission-critical for enterprises that need to optimize real-time decision-making, maximize operational efficiency, and drive new business outcomes,” said Raymond Liao, Managing Director at Samsung Next. “We are confident that the ZEDEDA team is in a strong position to deliver scalable infrastructure solutions to a rapidly growing pipeline of IIoT customers."
“As part of Porsche’s commitment to innovation, the company is always looking for technology that supports our ability to generate unique and sustainable solutions, This extended partnership with ZEDEDA creates exciting possibilities for the automotive industry to take advantage of increased network speed and computing capacity.”
Mattias Ulbrich, CEO of Porsche Digital and CIO of Porsche
ZEDEDA makes edge computing effortless, open, and intrinsically secure - extending the cloud experience to the edge. ZEDEDA reduces the cost of managing and orchestrating distributed edge infrastructure and applications, while increasing visibility, security and control. ZEDEDA delivers a distributed, cloud-native edge management and orchestration solution, simplifying the security and remote management of edge infrastructure and applications at scale.
ZEDEDA ensures extensibility and flexibility by utilizing an open partner ecosystem with a robust app marketplace and leveraging an open architecture built on EVE-OS, from the Linux Foundation. EVE-OS is a lightweight, open-source Linux-based engine. ZEDEDA delivers instant time to value, has thousands of nodes under management and is backed by world-class investors with teams in the United States, Germany and India