Pavilion Data | January 21, 2022
Pavilion Data Systems, the leading data analytics acceleration platform provider and a pioneer of NVMe-oF, announced major successes on multiple fronts in 2021, underscoring the strong demand for its dense high-performance data analytics platform and laying the groundwork for increased momentum in 2022. Pavilion Data Systems raised a $45 million round led by Kleiner Perkins and Artiman Ventures. This funding, combined with the rapid growth of its customer base, strong business momentum, and key executive hires, including Dario Zamarian as CEO, positions Pavilion to address the increasing need for a high-performance, dense, and scale-out flash storage platform for analytics and AI/ML applications.
"Pavilion is proving its market acceptance across a broad range of industry verticals as an analytics acceleration platform for legacy and next-generation applications," noted Zamarian. "2021 saw the company grow its employee base by 50% across all functions. This, combined with additional funding from our investors, our expanded leadership team, and the strong position of our flagship HyperParallel Data Platform will enable us to take data analytics acceleration to the next level."
Pavilion's total outside capital investment increased to $107 million after the $45 million round led by Kleiner Perkins and Artiman Ventures. All existing investors participated in the funding, including Korea Investment Partners, SK Telecom Ventures, Taiwania Capital, Tyche Partners, DAG Ventures, and RPS Ventures. This investment round also was joined by new investors Mirae Asset, Liberty Street Advisors, and Gaingels.
Many organizations in the federal and commercial space are already using Pavilion to make the most of their applications and accelerate their workloads. Pavilion's platform enables users to build a bridge between their existing and future needs. We see that its unique ability to accelerate legacy as well as next-generation applications is making it a prime choice for many users. My partners and I are excited to have co-led this round, as the funding will help Pavilion establish itself as a leader in the data analytics and AI/ML acceleration market."
Wen Hsieh, Partner at Kleiner Perkins
In 2021 Pavilion significantly increased deployments within federal agencies and increased penetration into analytics use cases in Fortune 500 companies, including a top-20 banking institution, a top credit agency, and one of the largest hedge funds in the country. Nearly 80% of all deployments were to accelerate analytics, legacy and next-generation, ML, and streaming applications. Pavilion doubled its new customers, and customer loyalty remains strong with 75% of its 2020 customers repurchasing in 2021. Pavilion also opened new sales offices in Atlanta, Boston, and London, and it directly addressed the public sector by opening a sales division focused on federal government customers to support its strong presence in the federal space. The company continued its expansion into the life sciences, financial, and media and entertainment industry verticals.
"We needed an external storage platform that matched the performance we get from internal NVMe SSDs to support a mission critical SQL analytics use case running on VMWare 7," said Ken Boyer, Director Global Storage MGMT at IQVIA. "The Pavilion platform enabled us to meet this challenging requirement that could not be met with other options. It's really exciting to see this recognition and endorsement of Pavilion by the investment community to build upon their momentum and accelerate their roadmap. We look forward to seeing continued momentum of their data analytics acceleration platform."
"We have been working with Pavilion for the last couple of years and have had great success with some of our large federal customers," said Herb Ahmuty, Senior Solutions Architect at Meadowgate. "The Pavilion platform has helped a couple of our customers address the challenging data-ingest and performance needs of their demanding analytics workloads. Given the rapidly changing nature of technology, Pavilion's agility has enabled our customers to be more responsive to their growing data sets and expanded application environments. It's great to see continued support of Pavilion from the investment community."
To build out the next phase of company development, Pavilion added to its executive suite with the hiring of a chief marketing/product officer, senior vice president of software development, vice president of operations, and vice president of marketing.
Awards Granted to Pavilion Data Systems:
In May 2021, Frost & Sullivan recognized Pavilion with its North American Technology Award, citing its innovative approach to NVME-oF (Non-Volatile Memory Express over Fabrics), the most advanced development in data storage.
In January 2022, DCIG named Pavilion as one of the Top 5 Storage Solutions for Life Sciences. Pavilion's data analytics acceleration platform, consisting of the Pavilion HyperParallel File System and Pavilion HyperOS, was singled out among 15 contending providers for having exceptional performance, deployment capability, data protection, and technical support, among other factors.
In January 2022, GigaOm named Pavilion as a "Fast Mover" in the "GigaOm Radar for High-Performance Scale-Out File Systems," claiming that Pavilion provides "a compelling, no-compromise architecture built around NVMe and maximum performance," "one of the greatest GPUDirect implementations available," "a superb security-oriented architecture," and "great scalability and performance. "
About Pavilion Data Systems
Pavilion provides the data analytics acceleration platform enabling enterprises to derive greater value from their data—faster, simpler, and at scale. We are the perfect complement for AI/ML, HPC, analytics, edge and other data-driven workloads and the ideal data IO platform for GPU-based computing platforms. The Pavilion HyperParallel Data Platform, powered by Pavilion HyperOS, delivers unmatched performance and density, ultra-low latency, unlimited scalability, and flexibility, providing customers unprecedented choice and control. Learn why Fortune 500 companies and federal government agencies choose Pavilion.
Absolute Software | February 04, 2022
Absolute Software, a leader in self-healing Zero Trust solutions, announced the company’s secure access product, NetMotion Mobility 12.14, has achieved Common Criteria Evaluation Assurance Level (EAL) 4+ – the highest certification level recognized internationally under the Common Criteria program for software products. Absolute is the only network solutions provider to achieve this certification across Android, iOS, macOS, and Windows for its Virtual Private Network (VPN) technology.
The certification demonstrates that NetMotion Mobility continues to meet the highest level of security requirements and satisfies the complex security needs of national and enterprise customers. Achieving Common Criteria EAL4+ certification, which is considered the gold standard for government-grade security, reaffirms Absolute’s commitment to delivering products that meet or exceed stringent international security standards.
Absolute’s secure access solutions are designed specially for the remote workforce, enabling resilient connectivity to mission-critical mobile applications and data. Absolute is the only provider to offer Resilient Zero Trust Network Access (ZTNA) alongside a VPN solution, enabling organizations to leverage the same secure tunnel to gradually adopt ZTNA while also retaining an enterprise VPN to be used when needed.
Our secure access products enable thousands of organizations worldwide – including public safety agencies, governments, and enterprises – to provide remote access through VPN and ZTNA in a way that actively improves the employee experience, and assures maximum security and uncompromised productivity. With the number and severity of threats posed by careless or malicious insiders, cyber criminals, and nation-state actors at an all-time high, we believe our continued investment in this evaluation and certification process is critical to being a leading, trusted security provider.”
John Herrema, Executive Vice President of Product and Strategy at Absolute
Common Criteria (ISO 15408) is regarded as an international benchmark for IT product security certification and is mutually recognized by 31 member countries in the Common Criteria Recognition Arrangement (CCRA), including Australia, Canada, France, Germany, Italy, Japan, Spain, Sweden, the United Kingdom, and the United States. The Common Criteria is a framework that provides assurance that the process of specification, implementation and evaluation of a computer security solution has been conducted in a rigorous, standard, achievable, repeatable, and testable manner at a level that is commensurate with the target environment for use.
About Absolute Software
Absolute Software accelerates customers’ shift to work-from-anywhere through the industry’s first self-healing Zero Trust platform, helping to ensure maximum security and uncompromised productivity. Absolute is the only solution embedded in more than half a billion devices, offering a permanent digital connection that intelligently and dynamically applies visibility, control and self-healing capabilities to endpoints, applications, and network access to help ensure their cyber resilience tailored for distributed workforces. Trusted by nearly 16,000 customers, G2 recognized Absolute as a leader in Zero Trust Networking in the Fall of 2021.
VMware | April 26, 2022
VMware, Inc. (NYSE: VMW) today announced the availability of VMware vRealize Cloud Management Services in India. This will enable Indian enterprises to accelerate their SaaS-based Multi-Cloud Management.
Today App Developers, DevSecOps Platform teams, IT and Security Operators have the freedom to choose between different cloud services to enhance customers’ experience. Managing cloud workloads can give rise to complexities, making it difficult to manage app deployment, security, provisioning cost, and operations for these distributed clouds.
Inclusive of CloudHealth by VMware, vRealize Cloud Management has empowered thousands of customers with consistent deployment and operations of apps, infrastructure, and platform services across multi-cloud. It has helped customers enhance agility, efficiencies and accelerate innovation while managing cost, security and governance across clouds.
With this expansion in India, vRealize Cloud Management services are now available in 10 regions globally, US West, US East, Brazil, Canada, the UK, Germany, Australia, Singapore, Japan and India. Customers can take advantage of minimal latency and local data hosting to comply with performance standards and data residency laws.
“No matter where enterprises are in their cloud journey, vRealize Cloud Universal solution brings consistency and speed in managing all types of clouds and enables organizations to adapt, respond, and innovate on the go. We want to empower our customers to build, operate and secure applications anywhere in a multi-cloud environment by choice of deployment options that best meet their business requirements – both on-premises and in the cloud.”
Pradeep Nair, Vice President and Managing Director, VMware
VMware is a leading provider of multi-cloud services for all apps, enabling digital innovation with enterprise control. As a trusted foundation to accelerate innovation, VMware software gives businesses the flexibility and choice they need to build the future. Headquartered in Palo Alto, California, VMware is committed to building a better future through the company’s 2030 Agenda.
Meta | January 25, 2022
Following Meta Platforms, Inc. October 2021 announcement that we would implement a new financial reporting structure, we are sharing additional information about the reporting format of our segmented financials.
Beginning with the fourth quarter 2021 earnings results on February 2, 2022, Meta will report revenue and income (loss) from operations for the following two segments:
Family of Apps (FoA) includes Facebook, Instagram, Messenger, WhatsApp and other services.
We will continue to report total advertising revenue and advertising revenue by user geography using our legacy methodology.
We will also report other revenue, which consists of net fees we receive from developers using our payments infrastructure and revenue from various other sources, within the Family of Apps segment.
Reality Labs (RL) includes augmented and virtual reality related consumer hardware, software and content.
In addition to reporting segment financials for the fourth quarter of 2021, we will provide historical segment information for all quarters of 2021, the fourth quarter of 2020, and full years 2019, 2020 and 2021.
Meta's fourth quarter and full year 2021 financial results will be released after market close on Wednesday, February 2, 2022. Meta will host a conference call to discuss its results at 2 p.m. PT / 5 p.m. ET the same day. The live webcast of the call can be accessed at the Meta Investor Relations website at investor.fb.com, along with the company's earnings press release, financial tables, and slide presentation.
Following the call, a replay will be available at the same website. A telephonic replay will be available for one week following the conference call at 402.977.9140 or 800.633.8284, Conference ID: 22013689.
Transcripts of conference calls with publishing equity research analysts held on February 2, 2022 will also be posted to the investor.fb.com website.
Meta builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology.