Samsung | July 09, 2021
Today, Samsung Electronics said it would collaborate with TPG Telecom to undertake Australia's first 5G virtualized RAN (vRAN) trial on 26GHz, utilizing an integrated mmWave solution for mobile and fixed wireless services. Samsung will put its vRAN solution at TPG Telecom's brand new Innovation Lab in Glebe, NSW, for the trial, the first type in the country. Furthermore, Samsung's newest 5G mmWave product, Compact Macro, will be implemented in the Glebe region.
The announcement follows the April 2021 launch of Samsung's Networks Business in Australia. The firm has been exploring the delivery of Samsung's leading 5G mmWave technology to the country since then.
TPG Telecom, a major mobile network provider in Australia, owns and runs a number of well-known mobile and internet brands in the country, including Vodafone. TPG Telecom has announced a AU$108 million commitment to buy spectrum in all accessible license areas in the 26GHz band, doubling its overall spectrum holdings. TPG Telecom will provide high-speed data services and immersive use cases to its mobile and home customers because of an abundance of mmWave spectrum. In addition, TPG Telecom's extensive fiber assets, coupled with a small cell network, will allow for the deployment of vRAN architecture.
Samsung will offer its Compact Macro and vRAN solutions for the trial. Samsung's newest 5G Compact Macro combines a baseband, radio, and antenna in a compact package. This compact and lightweight technology is easily placed on the sides of buildings and utility poles, allowing for the quick response of 5G networks. Samsung's industry-leading commercial vRAN solution is based on the company's own stack and operates on commercial-off-the-shelf (COTS) servers. As a vRAN leader, Samsung has commercially deployed its vRAN solution on a large scale for global Tier 1 operator networks in markets other than Australia and has recently expanded its capability to support the 3.5GHz Massive MIMO radio industry voices had predicted would be difficult to support with vRAN. Furthermore, Samsung's 5G vRAN on mmWave, which is currently commercially deployed in global markets such as Korea, Japan, and the United States, can handle multi-gigabit speeds, enabling IT technology savings and deployment benefits providing revolutionary 5G mobile experiences.
Samsung has paved the way for successfully delivering 5G end-to-end solutions, including chipsets, radios, and core. With its market-leading product portfolio spanning from completely virtualized RAN and Core to private network solutions and AI-powered automation tools, Samsung leads the industry's advancement of 5G networks through ongoing research and development. Currently, the company provides network solutions to mobile operators that connect hundreds of millions of users worldwide.
About TPG Telecom
TPG Telecom is an Australian telecommunications company that owns some of the country's most recognizable brands, including Vodafone, TPG, iiNet, AAPT, Internode, Lebara, and Felix.
TPG Telecom owns and operates national mobile and fixed networks that improve Australia's connectivity. These include Australia's second-largest fixed voice and data network, with over 27,000 kilometers of metropolitan and inter-capital fiber networks, and a leading mobile network with over 5,600 sites and a population of over 23 million Australians.
TPG Telecom, ASX's second-biggest telecoms business, has a strong challenger spirit and a dedication to providing the best services and solutions to our customers.
Banyan Security | January 24, 2022
Banyan Security, a leading provider of Zero Trust Network Access (ZTNA) solutions, announced it has raised $30 million in financing. The Series B funding was led by Third Point Ventures. Additional new investors include SIG and Alter Venture Partners and current investors Shasta Ventures and Unusual Ventures also participated in this round. The latest round brings the total investment in the company to $47 million.
This new funding comes on the heels of rapid growth for Banyan in the last year, including the addition of Den Jones, who joined as CSO in early December. The investment will fuel and accelerate the company’s trajectory, enabling further investments in sales and marketing and continued enhancements in product innovation, solidifying Banyan’s position as the best-in-breed zero trust remote access solution. It will also help the company expand into new markets and territories. Curtis McKee, Partner at Third Point Ventures, will join Banyan Security’s Board of Directors. Third Point Ventures is known for successful investments with ground-breaking innovators like SentinelOne, Upstart, and Sysdig.
“As an investor across the IT landscape, I’ve looked at several of the up-and-coming remote access vendors who promote ‘zero trust’ and I’m thrilled to partner with Banyan Security, a true market disruptor and innovator,” said Curtis McKee, Partner at Third Point Ventures. “Banyan understands that zero trust is a strategy first and functionality second that, when used properly, serve broader ‘work from anywhere’ business goals. Among Banyan Security’s impressive roster of customers, you’ll find several household names and Fortune 500 organizations, which speaks to their ability to meet the demands of the largest and most demanding enterprise businesses. However, a big part of Banyan’s appeal is the elegance of their incremental ‘deploy-as-you-go’ model which leverages and extends existing security tooling to meet today’s demanding security requirements, and ultimately provides end users with a great experience.”
With remote employees everywhere now working from their homes, airports, coffee shops and more, and accessing critical business applications that run across increasingly complex infrastructure, a new set of challenges has emerged for securing this ever-growing and interconnected access surface. Organizations have been increasingly driven to adopt zero trust models to modernize security, as well as handle the stress that the COVID-19 pandemic has put on their people, processes, and technology, especially on legacy VPNs.
“With our organization shifting to nearly a fully remote workforce, Banyan’s modern approach to Zero Trust has been a game-changer in improving our overall security,” said Upendra Mardikar, Chief Security Officer at Snap Finance. “The SaaS-based solution was quick to deploy and our security and IT teams are now experiencing time savings and a better user experience. We’re extremely happy with our decision to move to Banyan for our Zero Trust network access needs.”
With the rapid shift to remote and hybrid work, traditional network-centric solutions like legacy VPNs are no longer viable options for securing easy-to-use remote access to applications and IaaS resources. At Banyan Security, we strive to help our customers accelerate their zero trust journey by completely reimagining remote access from the user experience and security perspectives, building a comprehensive platform that helps them transform their security models with granular zero trust policy controls. This latest funding reinforces the urgent need for advanced remote access solutions that make effective use of zero trust technology, and our team is looking forward to expanding our market footprint to help meet that demand.”
Jayanth Gummaraju, CEO and Co-Founder of Banyan Security
Banyan Security provides least-privileged access to corporate applications and IaaS resources in real-time, leveraging organizations’ existing enterprise identity and security tool investments. Built on a patented zero trust architecture, the Banyan solution transparently deploys in hybrid and multi-cloud environments, continuously enforcing access policies based on any combination of user, device, and application contexts. In fact, Banyan has the only architecture that leverages and integrates with existing IT and cloud investments while permitting incremental deployment that truly accelerates measurable progress on the zero trust journey. Additionally, with the recent availability of Team Edition, a no-cost version of the company’s powerful Banyan Security Zero Trust Remote Access solution, organizations are provided with one-click, zero trust access to hosted applications, services, and infrastructure without the need for legacy VPNs, opening inbound firewall ports, or managing DNS changes.
About Banyan Security
Banyan Security provides secure, zero trust “work from anywhere” access to infrastructure and applications for employees, developers, and third parties without relying on network-centric solutions like VPNs. Deep visibility provides actionable insight while continuous authorization with device trust scoring and least privilege access deliver the highest level of protection without sacrificing end user productivity. Banyan Security protects tens of thousands of employees across multiple industries, including finance, healthcare, manufacturing, and technology.
Keeper Security | February 04, 2022
Keeper Security, the leading provider of zero-trust and zero-knowledge cybersecurity software covering password management, dark web monitoring, digital file storage and messaging, today announced the acquisition of Glyptodon, the creator of Glyptodon Enterprise, a remote access gateway which provides DevOps and IT teams with effortless access to RDP, SSH, VNC and Kubernetes endpoints through a web browser. Glyptodon is also the original developer of Apache Guacamole, the open source platform used by millions of people for accessing remote desktops.
The acquisition enhances Keeper Security’s continued evolution in the identity and access cybersecurity space, particularly in enabling hyper-secure access to remote resources. It includes integration of Glyptodon Enterprise into Keeper Security’s zero-trust and zero-knowledge security and encryption architecture, resulting in a highly-secure, agentless remote access platform, without the need of a virtual private network (VPN).
In today’s changing work environment with distributed technical teams and compute resources residing in the cloud or in a remote location, it is vital that enterprises can securely and quickly connect with those systems. Acquiring Glyptodon is an important component of our go-forward strategy as we unify essential privileged access management features into our cybersecurity platform to protect organizations in the public and private sectors.”
Darren Guccione, CEO and Co-Founder of Keeper Security
“We’re excited to become part of Keeper Security which is leading how enterprises protect company data at a time when the traditional way of working has been transformed,” said Glyptodon CEO Mike Jumper. “Bringing Glyptodon’s technology and insight securing enterprise remote computing access to Keeper Security will provide customers with the industry’s most comprehensive and secure remote working experience.”
Keeper will continue to support the open-source Apache Guacamole project while also advancing the capabilities of its fully-supported, commercial version. Alongside the public announcement, Keeper has integrated Glyptodon and Keeper Secrets Manager, providing encrypted vault storage of access credentials. In the coming months ahead, Keeper Security plans to enhance Glyptodon and integrate advanced capabilities into the Keeper Enterprise platform.
About Keeper Security, Inc.
Keeper Security, Inc. is transforming the way organizations and individuals protect their passwords and sensitive digital assets to significantly reduce cybertheft and data breaches. Keeper is the leading provider of zero-trust and zero-knowledge security and encryption software covering enterprise password management, role-based access control, event tracking, dark web monitoring, secure file storage, secrets management and encrypted messaging. Named PC Magazine's Best Password Manager (2019, 2020, 2021) & Editors' Choice (2019, 2020, 2021), U.S. News & World Report's Best Overall Password Manager (2021), and the Publisher's Choice Cybersecurity Password Management InfoSec Award (2020), Keeper is trusted by millions of people and thousands of businesses to protect their digital assets and help mitigate the risk of a data breach. Keeper is SOC-2, FIPS 140-2 and ISO 27001 Certified. Keeper protects businesses of all sizes across every major industry sector.