A Roadmap to Converged Infrastructure

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Rev up your engine and get on the roadway to success. Reduce Shadow IT’s influence in your organization. Learn to manage and control technology costs, productivity and security through a converged solution. These 4 steps will drive you there.

Spotlight

Nodes

Nodes is a leading app agency specialising in developing awesome mobile apps for business. We are a team of 65 developers, designers and advisors all passionate about apps with offices in London, Aarhus and Copenhagen. We work for leading companies such as Carlsberg, Hiscox, E-boks and Abellio and take pride in building value creating business utilities and consumer products.

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STORAGE MANAGEMENT

Data Center as a Service Is the Way of the Future

Article | July 11, 2022

Data Center as a Service (DCaaS) is a hosting service that gives clients access to actual data center infrastructure and amenities. Through a Wide-Area Network, DCaaS enables clients to remotely access the provider's storage, server, and networking capabilities (WAN). Businesses can tackle their on-site data center's logistical and financial issues by outsourcing to a service provider. Many enterprises rely on DCaaS to overcome the physical constraints of their on-site infrastructure or to offload the hosting and management of non-mission-critical applications. Businesses that require robust data management solutions but lack the necessary internal resources can adopt DCaaS. DCaaS is the perfect answer for companies that are struggling with a lack of IT help or a lack of funding for system maintenance. Added benefits data Center as a Service allows businesses to be independent of their physical infrastructure: A single-provider API Data centers without Staff Effortlessly handle the influx of data Data centers in regions with more stable climates Data Center as a Service helps democratize the data center itself, allowing companies that could never afford the huge investments that have gotten us this far to benefit from these developments. This is perhaps the most important, as Infrastructure-as-a-Service enables smaller companies to get started without a huge investment. Conclusion Data center as a service (DCaaS) enables clients to access a data center remotely and its features, whereas data center services might include complete management of an organization's on-premises infrastructure resources. IT can be outsourced using data center services to manage an organization's network, storage, computing, cloud, and maintenance. The infrastructure of many businesses is outsourced to increase operational effectiveness, size, and cost-effectiveness. It might be challenging to manage your existing infrastructure while keeping up with the pace of innovation, but it's critical to be on the cutting edge of technology. Organizations may stay future-ready by working with a vendor that can supply DCaaS and data center services.

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APPLICATION INFRASTRUCTURE

Enhancing Rack-Level Security to Enable Rapid Innovation

Article | August 8, 2022

IT and data center administrators are under pressure to foster quicker innovation. For workers and customers to have access to digital experiences, more devices must be deployed, and larger enterprise-to-edge networks must be managed. The security of distributed networks has suffered as a result of this rapid growth, though. Some colocation providers can install custom locks for your cabinet if necessary due to the varying compliance standards and security needs for distinct applications. However, physical security measures are still of utmost importance because theft and social engineering can affect hardware as well as data. Risk Companies Face Remote IT work continue on the long run Attacking users is the easiest way into networks IT may be deploying devices with weak controls When determining whether rack-level security is required, there are essentially two critical criteria to take into account. The first is the level of sensitivity of the data stored, and the second is the importance of the equipment in a particular rack to the facility's continuing functioning. Due to the nature of the data being handled and kept, some processes will always have a higher risk profile than others. Conclusion Data centers must rely on a physically secure perimeter that can be trusted. Clients, in particular, require unwavering assurance that security can be put in place to limit user access and guarantee that safety regulations are followed. Rack-level security locks that ensure physical access limitations are crucial to maintaining data center space security. Compared to their mechanical predecessors, electronic rack locks or "smart locks" offer a much more comprehensive range of feature-rich capabilities.

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APPLICATION INFRASTRUCTURE

Infrastructure Lifecycle Management Best Practices

Article | June 10, 2022

As your organization scales, inevitably, so too will its infrastructure needs. From physical spaces to personnel, devices to applications, physical security to cybersecurity – all these resources will continue to grow to meet the changing needs of your business operations. To manage your changing infrastructure throughout its entire lifecycle, your organization needs to implement a robust infrastructure lifecycle management program that’s designed to meet your particular business needs. In particular, IT asset lifecycle management (ITALM) is becoming increasingly important for organizations across industries. As threats to organizations’ cybersecurity become more sophisticated and successful cyberattacks become more common, your business needs (now, more than ever) to implement an infrastructure lifecycle management strategy that emphasizes the security of your IT infrastructure. In this article, we’ll explain why infrastructure management is important. Then we’ll outline steps your organization can take to design and implement a program and provide you with some of the most important infrastructure lifecycle management best practices for your business. What Is the Purpose of Infrastructure Lifecycle Management? No matter the size or industry of your organization, infrastructure lifecycle management is a critical process. The purpose of an infrastructure lifecycle management program is to protect your business and its infrastructure assets against risk. Today, protecting your organization and its customer data from malicious actors means taking a more active approach to cybersecurity. Simply put, recovering from a cyber attack is more difficult and expensive than protecting yourself from one. If 2020 and 2021 have taught us anything about cybersecurity, it’s that cybercrime is on the rise and it’s not slowing down anytime soon. As risks to cybersecurity continue to grow in number and in harm, infrastructure lifecycle management and IT asset management are becoming almost unavoidable. In addition to protecting your organization from potential cyberattacks, infrastructure lifecycle management makes for a more efficient enterprise, delivers a better end user experience for consumers, and identifies where your organization needs to expand its infrastructure. Some of the other benefits that come along with comprehensive infrastructure lifecycle management program include: More accurate planning; Centralized and cost-effective procurement; Streamlined provisioning of technology to users; More efficient maintenance; Secure and timely disposal. A robust infrastructure lifecycle management program helps your organization to keep track of all the assets running on (or attached to) your corporate networks. That allows you to catalog, identify and track these assets wherever they are, physically and digitally. While this might seem simple enough, infrastructure lifecycle management and particularly ITALM has become more complex as the diversity of IT assets has increased. Today organizations and their IT teams are responsible for managing hardware, software, cloud infrastructure, SaaS, and connected device or IoT assets. As the number of IT assets under management has soared for most organizations in the past decade, a comprehensive and holistic approach to infrastructure lifecycle management has never been more important. Generally speaking, there are four major stages of asset lifecycle management. Your organization’s infrastructure lifecycle management program should include specific policies and processes for each of the following steps: Planning. This is arguably the most important step for businesses and should be conducted prior to purchasing any assets. During this stage, you’ll need to identify what asset types are required and in what number; compile and verify the requirements for each asset; and evaluate those assets to make sure they meet your service needs. Acquisition and procurement. Use this stage to identify areas for purchase consolidation with the most cost-effective vendors, negotiate warranties and bulk purchases of SaaS and cloud infrastructure assets. This is where lack of insights into actual asset usage can potentially result in overpaying for assets that aren’t really necessary. For this reason, timely and accurate asset data is crucial for effective acquisition and procurement. Maintenance, upgrades and repair. All assets eventually require maintenance, upgrades and repairs. A holistic approach to infrastructure lifecycle management means tracking these needs and consolidating them into a single platform across all asset types. Disposal. An outdated or broken asset needs to be disposed of properly, especially if it contains sensitive information. For hardware, assets that are older than a few years are often obsolete, and assets that fall out of warranty are typically no longer worth maintaining. Disposal of cloud infrastructure assets is also critical because data stored in the cloud can stay there forever. Now that we’ve outlined the purpose and basic stages of infrastructure lifecycle management, it’s time to look at the steps your organization can take to implement it.

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APPLICATION INFRASTRUCTURE

The Drive with Direction: The Path of Enterprise IT Infrastructure

Article | June 6, 2022

Introduction It is hard to manage a modern firm without a convenient and adaptable IT infrastructure. When properly set up and networked, technology can improve back-office processes, increase efficiency, and simplify communication. IT infrastructure can be utilized to supply services or resources both within and outside of a company, as well as to its customers. IT infrastructure when adequately deployed aids organizations in achieving their objectives and increasing profits. IT infrastructure is made up of numerous components that must be integrated for your company's infrastructure to be coherent and functional. These components work in unison to guarantee that your systems and business as a whole run smoothly. Enterprise IT Infrastructure Trends Consumption-based pricing models are becoming more popular among enterprise purchasers, a trend that began with software and has now spread to hardware. This transition from capital to operational spending lowers risk, frees up capital, and improves flexibility. As a result, infrastructure as a service (IaaS) and platform as a service (PaaS) revenues increased by 53% from 2015 to 2016, making them the fastest-growing cloud and infrastructure services segments. The transition to as-a-service models is significant given that a unit of computing or storage in the cloud can be quite cheaper in terms of the total cost of ownership than a unit on-premises. While businesses have been migrating their workloads to the public cloud for years, there has been a new shift among large corporations. Many companies, including Capital One, GE, Netflix, Time Inc., and others, have downsized or removed their private data centers in favor of shifting their operations to the cloud. Cybersecurity remains a high priority for the C-suite and the board of directors. Attacks are increasing in number and complexity across all industries, with 80% of technology executives indicating that their companies are unable to construct a robust response. Due to lack of cybersecurity experts, many companies can’t get the skills they need on the inside, so they have to use managed security services. Future of Enterprise IT Infrastructure Companies can adopt the 'As-a-Service' model to lower entry barriers and begin testing future innovations on the cloud's basis. Domain specialists in areas like healthcare and manufacturing may harness AI's potential to solve some of their businesses' most pressing problems. Whether in a single cloud or across several clouds, businesses want an architecture that can expand to support the rapid evolution of their apps and industry for decades. For enterprise-class visibility and control across all clouds, the architecture must provide a common control plane that supports native cloud Application Programming Interfaces (APIs) as well as enhanced networking and security features. Conclusion The scale of disruption in the IT infrastructure sector is unparalleled, presenting enormous opportunities and hazards for industry stakeholders and their customers. Technology infrastructure executives must restructure their portfolios and rethink their go-to-market strategies to drive growth. They should also invest in the foundational competencies required for long-term success, such as digitization, analytics, and agile development. Data center companies that can solve the industry's challenges, as well as service providers that can scale quickly without limits and provide intelligent outcome-based models. This helps their clients achieve their business objectives through a portfolio of 'As-a-Service' models, will have a bright future.

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Spotlight

Nodes

Nodes is a leading app agency specialising in developing awesome mobile apps for business. We are a team of 65 developers, designers and advisors all passionate about apps with offices in London, Aarhus and Copenhagen. We work for leading companies such as Carlsberg, Hiscox, E-boks and Abellio and take pride in building value creating business utilities and consumer products.

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IT SYSTEMS MANAGEMENT

Rackspace Technology and oak9 Secure Infrastructure as Code and Cloud Operations

Rackspace Technology | July 16, 2022

Rackspace Technology® , a leading end-to-end, multicloud technology solutions company, today announced that it will offer Infrastructure as Code (IaC) Security Services from oak9 to help businesses secure cloud-native application infrastructure for developers, security teams, and cloud operations across the software development lifecycle. Oak9 allows organizations to integrate security into existing DevOps processes at repos and orchestrations platforms before they go live in the cloud environment. The Oak9’s Security as Code Platform automatically finds, analyzes, and remediates security and compliance gaps in real-time as changes are detected in IaC and deployed cloud-native workloads. “Customers continue to migrate away from host-based solutions to cloud abstracted workloads that are difficult for traditional security departments to audit. “In collaboration with oak9, Rackspace Technology solves for moving to IaC easier, helping get products to market faster. With this security solution, sprint goals are delivered on time, there are no more stack rollbacks, and it is usable by anyone, not just security experts.” Gary Alterson, Vice President of Security Services at Rackspace Technology Increasingly, developers are using IaC to rapidly provision vast cloud-native applications and architectures, but do not have the expertise to ensure their code is secure or compliant, or access to security teams that can review thousands of lines of code. With Infrastructure as Code Security Services Rackspace Technology and oak9 provide the following key benefits: Design securely from the start: Access to a pre-built catalog of Security as Code blueprints – based on applicable frameworks like SOC2, HIPAA, PCI, ISO, NIST, and more – dynamically assessing every change in cloud infrastructure. Integrate seamlessly in customer’s CI/CD pipeline: Natively integrates IDEs, code repos, CI/CD, and chat ops tools to give developers immediate security feedback through code. Continuous monitoring drift detection: Read-only access to customers’ AWS and Azure cloud environments manages drift from intended app design and ensures app architecture remains secure by design. Workflow notifications & alerting: Developers receive pull requests with suggested changes as they commit infrastructure as code and can decide to pass or fail the pipeline. Rackspace Technology is cloud-agnostic and comfortable in engaging with customers at any stage of their cloud journey. Learn more about Infrastructure as Code Security Services view our Cloud Talk Live video here: Marrying Security to Your Infrastructure as Code About Rackspace Technology Rackspace Technology is a leading end-to-end multicloud technology services company. We can design, build, and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.

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IT SYSTEMS MANAGEMENT

Atlas Technology Group Becomes Long-Term Node Host for peaq

Atlas Technology Group | June 18, 2022

Atlas Technology Group, a Business-to-Protocol innovator providing a full suite of infrastructure to all protocols building the Web3 ecosystem, will begin a long-term partnership with peaq, the Web3 network powering the Economy of Things. Atlas will host peaq nodes to support peaq’s network and ecosystem, driving the emergence of the Economy of Things. Atlas will also be actively involved in staking, data storage, API support and supplying projects in the peaq ecosystem with required resources for development. “peaq’s projects are engaging with the real world in ways that are unique to the current Web3 space. peaq is leading the charge into the Economy of Things, and Atlas is supporting that charge. We believe that this is the perfect opportunity to partner with an organization that is idealistic but has its feet on the ground, harnessing the technology of today for the communities of the future. The infrastructure we are providing to peaq will enable this continued expansion of the EoT. ” Raymond Yuan, Atlas Founder and Chairman Atlas offers a broad range of value-added services, including application specific computing, node infrastructure, networking, hardware, API support and storage to drive and maintain the Web3 ecosystem. Atlas is committed to becoming a global leading next-generation computing infrastructure provider that advocates sustainable growth, green energy adoption, power usage efficiency and stability to drive the Web3 evolution. It has committed to adopt 100% green energy to power its computing operations by 2024. Till Wendler, Co-founder of peaq, said: “Supporting developers is central to peaq’s mission: benefiting communities from advancements in technology and automation without exception. From this partnership with Atlas, the peaq ecosystem can expect extraordinary support, security and engagement. Atlas is selective in choosing partner projects, so we are grateful that our vision for the future of human-machine relationships has resonated with an industry titan such as Atlas.” peaq’s network enables people to build decentralized applications (dApps) for vehicles, robots and devices, and allows anybody to own a stake in the Economy of Things, also known as the Web3 machine economy. This means that as machines become more advanced and do more and more of the work we humans do, people will be able to generate more income and derive more value from machines. Additionally, anyone can become a node host for peaq. As one of the youngest projects supported by Atlas, peaq stands alongside industry-defining projects such as Solana, Ethereum, Cosmos, Tezos and Avalanche. Atlas’ partnership with peaq will position it at the forefront of the emerging Web3 machine economy ecosystem. About peaq peaq is the Web3 network powering the Economy of Things (EoT). peaq enables people to build decentralized applications (dApps) for vehicles, robots and devices, while empowering dApp builders and dApp users to govern and earn from machines providing goods and services to people and other machines. The peaq network leverages Machine DeFi and Machine NFTs to align the incentives of all stakeholders in the Economy of Things. peaq is designed to solve some of our most pressing societal and economic challenges of our time, ensuring that people earn more as machine-associated job automation increases. About Atlas Headquartered in Singapore, Atlas is a global infrastructure-as-a-service group that drives the evolution of Web 3.0 – the next phase of the internet. The company offers a broad range of value-added services including application-specific computing, node infrastructure, networking, hardware, API support and storage for the Web 3.0 ecosystem.

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APPLICATION INFRASTRUCTURE

Point2 Technology invests $22M in data center and 5G connectivity solutions

Point2 Technology | May 27, 2022

Point2 Technology, a leading developer of high-performance, low-power connectivity solutions for cloud and 5G infrastructure, has raised $22 million in a Series B round of funding. Molex Ventures, Samsung Securities, Shinhan Capital, Tigris Investment, K2 Investments, and Korea Omega Investment were among the new investors in the round, led by GU Equity Partners, LLC. In addition, the fundraising round included existing investors GU Equity Partners, Timefolio Investment, Nautilus Venture Partners, Quantum Ventures Korea, and Walden International. Point2 Technology develops and manufactures low-power, high-speed point-to-point interconnect solutions for 5G infrastructure and cloud-based data centers. Due to appealing economics, these network requirements are constantly increasing, pushing interconnect speeds past 400G and even 800G. High-performance, low-power, and cost-effective interconnect technologies are required for next-generation data centers to considerably improve reach and capacity. "We are pleased to have a new investor of the caliber and reputation of Molex Ventures join our existing group of top-tier investors. Enthusiastic investor support culminates an exciting year of growth across all dimensions of our business and validates our momentum in the fast-growing infrastructure interconnect market. Point2 has developed innovative technologies that dramatically drive down the costs and power demands of high-performance connectivity solutions for multi-terabit 5G and cloud-based data centers. This funding round will help us expand further into multiple market segments and develop new products as we position the company for long-term growth." said Sean Park, CEO of Point2 Technology The primary challenges with copper and optical interconnects that limit performance and raise the total cost of ownership of high-speed networks have been solved by Point2 Technology. To proliferate 400G disaggregated chassis designs for hyperscale data centers, Point2's high-performance interconnect solutions offer a cost-effective alternative to expensive active optical cables (AOC) and performance-limited direct attach cables (DAC). To meet the growing demand for high-speed, high-capacity data center, cloud, and edge-optimized technologies, the company's scalable interconnect solutions extend the reach and capacity of active electrical cable (AEC), optical, and wireless solutions. "Point2 Technology has the leadership team, breakthrough technology and the track record of execution necessary to deliver industry-leading interconnect solutions to its customers and superior financial performance for investors," said Kangwoon Lee, senior executive director, GU Equity Partners. "The company is very well positioned to help grow the optical interconnect networking industry into the multi-terabit era. We look forward to partnering with the Point2 Technology team to support the company's long-term growth strategy." As the company expands into several countries and accelerates installations, Point2 Technology expects to use the current amount of capital to execute its growth strategy by increasing its product roadmap and scope of product capabilities. With its complete reference design, which includes a printed circuit board (PCB), comprehensive software, and built-in self-test capabilities geared for high-volume manufacturing, the company helps customers get to production rapidly.

Read More

IT SYSTEMS MANAGEMENT

Rackspace Technology and oak9 Secure Infrastructure as Code and Cloud Operations

Rackspace Technology | July 16, 2022

Rackspace Technology® , a leading end-to-end, multicloud technology solutions company, today announced that it will offer Infrastructure as Code (IaC) Security Services from oak9 to help businesses secure cloud-native application infrastructure for developers, security teams, and cloud operations across the software development lifecycle. Oak9 allows organizations to integrate security into existing DevOps processes at repos and orchestrations platforms before they go live in the cloud environment. The Oak9’s Security as Code Platform automatically finds, analyzes, and remediates security and compliance gaps in real-time as changes are detected in IaC and deployed cloud-native workloads. “Customers continue to migrate away from host-based solutions to cloud abstracted workloads that are difficult for traditional security departments to audit. “In collaboration with oak9, Rackspace Technology solves for moving to IaC easier, helping get products to market faster. With this security solution, sprint goals are delivered on time, there are no more stack rollbacks, and it is usable by anyone, not just security experts.” Gary Alterson, Vice President of Security Services at Rackspace Technology Increasingly, developers are using IaC to rapidly provision vast cloud-native applications and architectures, but do not have the expertise to ensure their code is secure or compliant, or access to security teams that can review thousands of lines of code. With Infrastructure as Code Security Services Rackspace Technology and oak9 provide the following key benefits: Design securely from the start: Access to a pre-built catalog of Security as Code blueprints – based on applicable frameworks like SOC2, HIPAA, PCI, ISO, NIST, and more – dynamically assessing every change in cloud infrastructure. Integrate seamlessly in customer’s CI/CD pipeline: Natively integrates IDEs, code repos, CI/CD, and chat ops tools to give developers immediate security feedback through code. Continuous monitoring drift detection: Read-only access to customers’ AWS and Azure cloud environments manages drift from intended app design and ensures app architecture remains secure by design. Workflow notifications & alerting: Developers receive pull requests with suggested changes as they commit infrastructure as code and can decide to pass or fail the pipeline. Rackspace Technology is cloud-agnostic and comfortable in engaging with customers at any stage of their cloud journey. Learn more about Infrastructure as Code Security Services view our Cloud Talk Live video here: Marrying Security to Your Infrastructure as Code About Rackspace Technology Rackspace Technology is a leading end-to-end multicloud technology services company. We can design, build, and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.

Read More

IT SYSTEMS MANAGEMENT

Atlas Technology Group Becomes Long-Term Node Host for peaq

Atlas Technology Group | June 18, 2022

Atlas Technology Group, a Business-to-Protocol innovator providing a full suite of infrastructure to all protocols building the Web3 ecosystem, will begin a long-term partnership with peaq, the Web3 network powering the Economy of Things. Atlas will host peaq nodes to support peaq’s network and ecosystem, driving the emergence of the Economy of Things. Atlas will also be actively involved in staking, data storage, API support and supplying projects in the peaq ecosystem with required resources for development. “peaq’s projects are engaging with the real world in ways that are unique to the current Web3 space. peaq is leading the charge into the Economy of Things, and Atlas is supporting that charge. We believe that this is the perfect opportunity to partner with an organization that is idealistic but has its feet on the ground, harnessing the technology of today for the communities of the future. The infrastructure we are providing to peaq will enable this continued expansion of the EoT. ” Raymond Yuan, Atlas Founder and Chairman Atlas offers a broad range of value-added services, including application specific computing, node infrastructure, networking, hardware, API support and storage to drive and maintain the Web3 ecosystem. Atlas is committed to becoming a global leading next-generation computing infrastructure provider that advocates sustainable growth, green energy adoption, power usage efficiency and stability to drive the Web3 evolution. It has committed to adopt 100% green energy to power its computing operations by 2024. Till Wendler, Co-founder of peaq, said: “Supporting developers is central to peaq’s mission: benefiting communities from advancements in technology and automation without exception. From this partnership with Atlas, the peaq ecosystem can expect extraordinary support, security and engagement. Atlas is selective in choosing partner projects, so we are grateful that our vision for the future of human-machine relationships has resonated with an industry titan such as Atlas.” peaq’s network enables people to build decentralized applications (dApps) for vehicles, robots and devices, and allows anybody to own a stake in the Economy of Things, also known as the Web3 machine economy. This means that as machines become more advanced and do more and more of the work we humans do, people will be able to generate more income and derive more value from machines. Additionally, anyone can become a node host for peaq. As one of the youngest projects supported by Atlas, peaq stands alongside industry-defining projects such as Solana, Ethereum, Cosmos, Tezos and Avalanche. Atlas’ partnership with peaq will position it at the forefront of the emerging Web3 machine economy ecosystem. About peaq peaq is the Web3 network powering the Economy of Things (EoT). peaq enables people to build decentralized applications (dApps) for vehicles, robots and devices, while empowering dApp builders and dApp users to govern and earn from machines providing goods and services to people and other machines. The peaq network leverages Machine DeFi and Machine NFTs to align the incentives of all stakeholders in the Economy of Things. peaq is designed to solve some of our most pressing societal and economic challenges of our time, ensuring that people earn more as machine-associated job automation increases. About Atlas Headquartered in Singapore, Atlas is a global infrastructure-as-a-service group that drives the evolution of Web 3.0 – the next phase of the internet. The company offers a broad range of value-added services including application-specific computing, node infrastructure, networking, hardware, API support and storage for the Web 3.0 ecosystem.

Read More

APPLICATION INFRASTRUCTURE

Point2 Technology invests $22M in data center and 5G connectivity solutions

Point2 Technology | May 27, 2022

Point2 Technology, a leading developer of high-performance, low-power connectivity solutions for cloud and 5G infrastructure, has raised $22 million in a Series B round of funding. Molex Ventures, Samsung Securities, Shinhan Capital, Tigris Investment, K2 Investments, and Korea Omega Investment were among the new investors in the round, led by GU Equity Partners, LLC. In addition, the fundraising round included existing investors GU Equity Partners, Timefolio Investment, Nautilus Venture Partners, Quantum Ventures Korea, and Walden International. Point2 Technology develops and manufactures low-power, high-speed point-to-point interconnect solutions for 5G infrastructure and cloud-based data centers. Due to appealing economics, these network requirements are constantly increasing, pushing interconnect speeds past 400G and even 800G. High-performance, low-power, and cost-effective interconnect technologies are required for next-generation data centers to considerably improve reach and capacity. "We are pleased to have a new investor of the caliber and reputation of Molex Ventures join our existing group of top-tier investors. Enthusiastic investor support culminates an exciting year of growth across all dimensions of our business and validates our momentum in the fast-growing infrastructure interconnect market. Point2 has developed innovative technologies that dramatically drive down the costs and power demands of high-performance connectivity solutions for multi-terabit 5G and cloud-based data centers. This funding round will help us expand further into multiple market segments and develop new products as we position the company for long-term growth." said Sean Park, CEO of Point2 Technology The primary challenges with copper and optical interconnects that limit performance and raise the total cost of ownership of high-speed networks have been solved by Point2 Technology. To proliferate 400G disaggregated chassis designs for hyperscale data centers, Point2's high-performance interconnect solutions offer a cost-effective alternative to expensive active optical cables (AOC) and performance-limited direct attach cables (DAC). To meet the growing demand for high-speed, high-capacity data center, cloud, and edge-optimized technologies, the company's scalable interconnect solutions extend the reach and capacity of active electrical cable (AEC), optical, and wireless solutions. "Point2 Technology has the leadership team, breakthrough technology and the track record of execution necessary to deliver industry-leading interconnect solutions to its customers and superior financial performance for investors," said Kangwoon Lee, senior executive director, GU Equity Partners. "The company is very well positioned to help grow the optical interconnect networking industry into the multi-terabit era. We look forward to partnering with the Point2 Technology team to support the company's long-term growth strategy." As the company expands into several countries and accelerates installations, Point2 Technology expects to use the current amount of capital to execute its growth strategy by increasing its product roadmap and scope of product capabilities. With its complete reference design, which includes a printed circuit board (PCB), comprehensive software, and built-in self-test capabilities geared for high-volume manufacturing, the company helps customers get to production rapidly.

Read More

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