Home > News > Top Stories > 1NCE raises USD 50 M for global expansion led by investors including SoftBank and Deutsche Telekom

Application Infrastructure

1NCE raises USD 50 M for global expansion led by investors including SoftBank and Deutsche Telekom

IoT Carrier 1NCE has announced $50M in financing. The capital is provided by investors including Deutsche Telekom, SoftBank, and other investors. 1NCE offers cellular device connectivity at a fixed price in over 100 countries via 2G, 3G, 4G, 5G, NB-IoT and LTE-M. Its cloud-based connectivity platform includes IoT services such as plug-and-play setup and device management.

1NCE will use the fresh capital to accelerate international expansion and fuel growth in the US and Asia, further develop its cloud based IoT platform services and recruit key talent to expand its product capabilities to simplify the development of cellular based IoT solutions worldwide.

With SoftBank we have gained an investor who brings in expertise from investments in telecommunications, internet services, AI, smart robotics, IoT and clean energy technology providers,We are thrilled to work with them to leverage the new opportunities in Asia and the US that come with the engagement.

emphasized Alexander P. Sator, CEO and founder of 1NCE.

1NCE's offering provides customers with the tools to efficiently scale and manage their IoT deployments, while providing a transparent cost structure. This tackles challenges that too often stand in the way of mass IoT deployments. The reduction of complexity, implementation time, and cost allows customers to speed up time-to-market and drive their business forward successfully.

Deutsche Telekom is committed to its investment in 1NCE. The telecom giant has been on board as seed investor since the company's founding in 2017 and uses 1NCE technology for its own IoT offerings. The investment by SoftBank expands on the recent strategic partnership formalized between SoftBank and Deutsche Telekom and provides a clear opportunity to co-invest in global connectivity platforms focused on enterprise customers.

Timotheus Höttges, CEO of Deutsche Telekom, adds: "1NCE has already demonstrated its disruptive potential in the IoT market, and its growth to date has underpinned its claim to leadership in cellular-based connectivity services. As a technology partner from the very first hour, we are happy to actively foster further growth."

"1NCE is a leader in connecting millions of low bandwidth sensors around the world", explained Marcelo Claure, CEO, Softbank Group International and COO, SoftBank Group Corp. "Using their technology offers incredible opportunities for our portfolio companies. With our investment in 1NCE, we look forward to accelerating the breakthrough of connectivity on the Internet of Things."

1NCE already manages 10 million connections for over 7,000 business customers from around the globe. Its services are available through direct sales and online channels. Additionally, the company is a premium technology partner of Amazon Web Services with exclusive offerings for developers on AWS Marketplace.

ABOUT 1NCE

1NCE GmbH is the first fully-fledged IoT network carrier in the world to offer fast, secure, and reliable connectivity services at low cost based on an IoT flat rate. This makes IoT applications such as tank maintenance, smart metering, or vehicle telematics affordable. The 1NCE IoT Flat Rate includes 500 MB data volume, 250 SMS, and free access to the 1NCE Connectivity Management Platform via Internet and API. To provide the service, 1NCE cooperates with both Deutsche Telekom AG and its roaming partners as well as China Telecom Global Limited and supports all common mobile communications standards (2G, 3G, 4G, 5G, NB-IoT, LTE-M). In addition to direct sales of IoT mobile connectivity, 1NCE also offers its technology to mobile network operators via a Platform-as-a-Service solution. The company headquartered in Cologne offers its flat rate almost world-wide. 1NCE was founded in 2017 together with Deutsche Telekom AG and has 100 staff in Cologne, Hamburg, Amsterdam, London, Rome, Paris, Warsaw, and Riga.

Spotlight

More featured news

Spotlight

Related News

Storage Management

SoftIron Recognized as a Sample Vendor in Gartner Hype Cycle for Edge Computing

GlobeNewswire | October 25, 2023

SoftIron, the worldwide leader in private cloud infrastructure, today announced it has been named as a Sample Vendor for the “Gartner Hype Cycle for Edge Computing, 2023.” Gartner Hype Cycle provides a view of how a technology or application will evolve over time, providing a sound source of insight to manage its deployment within the context of your specific business goals. The five phases of a Hype cycle are innovation trigger, Peak of Inflated Expectations, Trough of Disillusionment, Slope of Enlightenment and the Plateau of Productivity. SoftIron is recognized in the Gartner report as a Sample Vendor for Edge Storage and the report defines the technology as those that enable the creation, analysis, processing and delivery of data services at, or close to, the location where the data is generated or consumed, rather than in a centralized environment. Gartner predicts that infrastructure and operations (I&O) leaders are beginning the process of laying out a strategy for how they intend to manage data at the edge. Although I&O leaders embrace infrastructure as a service (IaaS) cloud providers, they also realize that a significant part of the infrastructure services will remain on-premises, and would require edge storage data services. Gartner Hype Cycles provide a graphic representation of the maturity and adoption of technologies and applications, and how they are potentially relevant to solving real business problems and exploiting new opportunities. Gartner Hype Cycle methodology gives you a view of how a technology or application will evolve over time, providing a sound source of insight to manage its deployment within the context of your specific business goals. The latest Gartner Hype Cycle analyzed 31 emerging technologies and included a Priority Matrix that provides perspective on the edge computing innovations that will have a bigger impact, and those that might take longer to fully mature. “We are excited to be recognized in the 2023 Garter Hype Cycle for Edge Computing,” said Jason Van der Schyff, COO at SoftIron. “We believe at SoftIron to be well positioned to help our customers address and take advantage of the latest trends and developments in Edge Computing as reported in Gartner’s Hype Cycle.”

Read More

Application Infrastructure

Penguin Solutions Certified as NVIDIA DGX-Ready Managed Services Partner

Business Wire | September 28, 2023

Penguin Solutions™, an SGH™ brand (Nasdaq: SGH) that designs, builds, deploys, and manages AI and accelerated computing infrastructures at scale, today announced that it has been certified by NVIDIA to support enterprises deploying NVIDIA DGX™ AI computing platforms under the NVIDIA DGX-Ready Managed Services program. NVIDIA DGX systems are an advanced supercomputing platform for large-scale AI development. The NVIDIA DGX-Ready Managed Services program gives customers the option to outsource management of DGX systems deployed in corporate data centers, including the implementation and monitoring of server, storage, and networking resources required to support DGX platforms. Generative AI requires a completely new computing infrastructure compared to traditional IT, said Troy Kaster, vice president, commercial sales at Penguin Solutions. These new computing infrastructures require services skills, which Penguin is uniquely qualified to support given our extensive experience partnering with some of the largest companies in AI. As a full-service integration and services provider, Penguin has the capabilities to design at scale, deploy at speed, and provide managed services for NVIDIA DGX SuperPOD solutions. Penguin has designed, built, deployed, and managed some of the largest AI training clusters in the world. Penguin currently manages over 50,000 NVIDIA GPUs for Fortune 100 customers including Meta’s AI Research SuperCluster – with 2,000 NVIDIA DGX systems and 16,000 NVIDIA A100 Tensor Core GPUs – one of the most powerful AI training clusters in the world. “AI is transforming organizations around the world, and many businesses are looking to deploy the technology without the complexities of managing infrastructure,” said Tony Paikeday, senior director, DGX platform at NVIDIA. “With DGX-Ready Managed Services offered by Penguin Solutions, our customers can deploy the world’s leading platform for enterprise AI development with a simplified operations model that lets them tap into the leadership-class performance of DGX and focus on innovating with AI.” Advantages of Penguin Solutions powered by NVIDIA DGX include: Design large-scale AI infrastructure combining the most recent DGX systems, ultra-high speed networking solutions, and cutting-edge storage options for clusters tailored to customer requirements Manage AI infrastructure making the most of multiple layers of recent hardware and software, such as acceleration libraries, job scheduling and orchestration Reduce risk associated with investments in computing infrastructure Optimize efficiency of AI infrastructure with best-in-class return on investment. About Penguin Solutions The Penguin Solutions™ portfolio, which includes Penguin Computing™, accelerates customers’ digital transformation with the power of emerging technologies in HPC, AI, and IoT with solutions and services that span the continuum of edge, core, and cloud. By designing highly-advanced infrastructure, machines, and networked systems we enable the world’s most innovative enterprises and government institutions to build the autonomous future, drive discovery and amplify human potential.

Read More

Application Infrastructure

Carahsoft Partners with Oracle to Expand Access to Oracle’s Cloud Infrastructure and Applications for Public Sector

GlobeNewswire | September 14, 2023

Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, and member of the Oracle PartnerNetwork (OPN), today announced an agreement to serve as Oracle’s Public Sector aggregator, making the company’s complete cloud and applications portfolio for Government, Defense, Intelligence and Education available through Carahsoft’s reseller partners, NASA Solutions for Enterprise-Wide Procurement (SEWP) V and GSA Schedule contracts. Oracle offers a diverse set of solutions, ranging from cloud infrastructure, software-as-a-service (SaaS) applications, hardware, and construction and engineering technology. Across these capabilities, Oracle enables the connectivity of project teams, empowerment of decision makers through data, and simplification of multicloud deployment across agencies. The partnership can help accelerate IT infrastructure modernization, and help improve innovation with secure, cost-effective, and FedRAMP-compliant cloud infrastructure. Oracle’s cloud infrastructure and applications offerings provide customers with a variety of solutions, including: Oracle Cloud Infrastructure (OCI) enables customers to build and run a wide range of applications in a scalable, secure, highly available, and high-performance environment. From application development and business analytics to data management, integration, AI, and cloud-native services, OCI delivers high security, performance, and cost savings. In addition, with multicloud, hybrid cloud, public cloud, and dedicated cloud options, OCI’s distributed cloud delivers the benefits of cloud with greater control over data residency, locality, and authority, even across multiple clouds. Oracle Fusion Cloud Applications Suite enables organizations to take advantage of the cloud to break down organizational silos, standardize processes, and manage financial, supply chain, HR, and customer experience data on a secure integrated SaaS platform. Oracle Construction and Engineering’s Smart Construction Platform helps teams work together, turn data into intelligence, and coordinate resources for smooth project planning, delivery, and operations. “As the Public Sector continues to prioritize modernization and adoption of a multicloud model, Oracle is focused on interoperability and ideally positioned to help government customers innovate faster to better support their missions,” said Kyle Clement, Senior Manager, NACT Government Alliances and Channels, Oracle. “We are excited to partner with Carahsoft to bring Oracle solutions to more Public Sector customers and to continue to drive success for government agencies and the citizens they serve.” Carahsoft will serve as the aggregator for the partnership, enabling Oracle to access Carahsoft’s portfolio of contract vehicles and extensive Public Sector ecosystem of channel partners. The Carahsoft team has significant expertise in partnering with the Public Sector to advance multi-cloud strategies while ensuring ease of procurement. “We are excited to leverage our dedicated sales and marketing teams in support of this new partnership with Oracle,” said Lacey Wean, Sales Director who leads the Oracle Team at Carahsoft. “By including Oracle on our contract vehicles, Carahsoft and our partners are able to expand the reach of their solutions for cloud, cybersecurity, data management and more to Government agencies.” Oracle's solutions are available through Carahsoft’s SEWP V contracts NNG15SC03B and Carahsoft’s GSA Schedule No. 47QSWA18D008F. For more information about the offerings available through this new partnership, visit https://www.carahsoft.com/oracle. To request a demo or speak to a representative, contact the contact the Oracle team at Carahsoft at (855) 618-3114 or Oracle@carahsoft.com. About Oracle PartnerNetwork Oracle PartnerNetwork (OPN) is Oracle’s partner program designed to enable partners to accelerate the transition to cloud and drive superior customer business outcomes. The OPN program allows partners to engage with Oracle through track(s) aligned to how they go to market: Cloud Build for partners that provide products or services built on or integrated with Oracle Cloud; Cloud Sell for partners that resell Oracle Cloud technology; Cloud Service for partners that implement, deploy and manage Oracle Cloud Services; and License & Hardware for partners that build, service or sell Oracle software licenses or hardware products. Customers can expedite their business objectives with OPN partners who have achieved Expertise in a product family or cloud service. To learn more visit: http://www.oracle.com/partnernetwork About Carahsoft Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider®, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator® for our vendor partners, we deliver solutions for Geospatial, Cybersecurity, MultiCloud, DevSecOps, Big Data, Artificial Intelligence, Open Source, Customer Experience and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles. Visit us at www.carahsoft.com.

Read More

Storage Management

SoftIron Recognized as a Sample Vendor in Gartner Hype Cycle for Edge Computing

GlobeNewswire | October 25, 2023

SoftIron, the worldwide leader in private cloud infrastructure, today announced it has been named as a Sample Vendor for the “Gartner Hype Cycle for Edge Computing, 2023.” Gartner Hype Cycle provides a view of how a technology or application will evolve over time, providing a sound source of insight to manage its deployment within the context of your specific business goals. The five phases of a Hype cycle are innovation trigger, Peak of Inflated Expectations, Trough of Disillusionment, Slope of Enlightenment and the Plateau of Productivity. SoftIron is recognized in the Gartner report as a Sample Vendor for Edge Storage and the report defines the technology as those that enable the creation, analysis, processing and delivery of data services at, or close to, the location where the data is generated or consumed, rather than in a centralized environment. Gartner predicts that infrastructure and operations (I&O) leaders are beginning the process of laying out a strategy for how they intend to manage data at the edge. Although I&O leaders embrace infrastructure as a service (IaaS) cloud providers, they also realize that a significant part of the infrastructure services will remain on-premises, and would require edge storage data services. Gartner Hype Cycles provide a graphic representation of the maturity and adoption of technologies and applications, and how they are potentially relevant to solving real business problems and exploiting new opportunities. Gartner Hype Cycle methodology gives you a view of how a technology or application will evolve over time, providing a sound source of insight to manage its deployment within the context of your specific business goals. The latest Gartner Hype Cycle analyzed 31 emerging technologies and included a Priority Matrix that provides perspective on the edge computing innovations that will have a bigger impact, and those that might take longer to fully mature. “We are excited to be recognized in the 2023 Garter Hype Cycle for Edge Computing,” said Jason Van der Schyff, COO at SoftIron. “We believe at SoftIron to be well positioned to help our customers address and take advantage of the latest trends and developments in Edge Computing as reported in Gartner’s Hype Cycle.”

Read More

Application Infrastructure

Penguin Solutions Certified as NVIDIA DGX-Ready Managed Services Partner

Business Wire | September 28, 2023

Penguin Solutions™, an SGH™ brand (Nasdaq: SGH) that designs, builds, deploys, and manages AI and accelerated computing infrastructures at scale, today announced that it has been certified by NVIDIA to support enterprises deploying NVIDIA DGX™ AI computing platforms under the NVIDIA DGX-Ready Managed Services program. NVIDIA DGX systems are an advanced supercomputing platform for large-scale AI development. The NVIDIA DGX-Ready Managed Services program gives customers the option to outsource management of DGX systems deployed in corporate data centers, including the implementation and monitoring of server, storage, and networking resources required to support DGX platforms. Generative AI requires a completely new computing infrastructure compared to traditional IT, said Troy Kaster, vice president, commercial sales at Penguin Solutions. These new computing infrastructures require services skills, which Penguin is uniquely qualified to support given our extensive experience partnering with some of the largest companies in AI. As a full-service integration and services provider, Penguin has the capabilities to design at scale, deploy at speed, and provide managed services for NVIDIA DGX SuperPOD solutions. Penguin has designed, built, deployed, and managed some of the largest AI training clusters in the world. Penguin currently manages over 50,000 NVIDIA GPUs for Fortune 100 customers including Meta’s AI Research SuperCluster – with 2,000 NVIDIA DGX systems and 16,000 NVIDIA A100 Tensor Core GPUs – one of the most powerful AI training clusters in the world. “AI is transforming organizations around the world, and many businesses are looking to deploy the technology without the complexities of managing infrastructure,” said Tony Paikeday, senior director, DGX platform at NVIDIA. “With DGX-Ready Managed Services offered by Penguin Solutions, our customers can deploy the world’s leading platform for enterprise AI development with a simplified operations model that lets them tap into the leadership-class performance of DGX and focus on innovating with AI.” Advantages of Penguin Solutions powered by NVIDIA DGX include: Design large-scale AI infrastructure combining the most recent DGX systems, ultra-high speed networking solutions, and cutting-edge storage options for clusters tailored to customer requirements Manage AI infrastructure making the most of multiple layers of recent hardware and software, such as acceleration libraries, job scheduling and orchestration Reduce risk associated with investments in computing infrastructure Optimize efficiency of AI infrastructure with best-in-class return on investment. About Penguin Solutions The Penguin Solutions™ portfolio, which includes Penguin Computing™, accelerates customers’ digital transformation with the power of emerging technologies in HPC, AI, and IoT with solutions and services that span the continuum of edge, core, and cloud. By designing highly-advanced infrastructure, machines, and networked systems we enable the world’s most innovative enterprises and government institutions to build the autonomous future, drive discovery and amplify human potential.

Read More

Application Infrastructure

Carahsoft Partners with Oracle to Expand Access to Oracle’s Cloud Infrastructure and Applications for Public Sector

GlobeNewswire | September 14, 2023

Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, and member of the Oracle PartnerNetwork (OPN), today announced an agreement to serve as Oracle’s Public Sector aggregator, making the company’s complete cloud and applications portfolio for Government, Defense, Intelligence and Education available through Carahsoft’s reseller partners, NASA Solutions for Enterprise-Wide Procurement (SEWP) V and GSA Schedule contracts. Oracle offers a diverse set of solutions, ranging from cloud infrastructure, software-as-a-service (SaaS) applications, hardware, and construction and engineering technology. Across these capabilities, Oracle enables the connectivity of project teams, empowerment of decision makers through data, and simplification of multicloud deployment across agencies. The partnership can help accelerate IT infrastructure modernization, and help improve innovation with secure, cost-effective, and FedRAMP-compliant cloud infrastructure. Oracle’s cloud infrastructure and applications offerings provide customers with a variety of solutions, including: Oracle Cloud Infrastructure (OCI) enables customers to build and run a wide range of applications in a scalable, secure, highly available, and high-performance environment. From application development and business analytics to data management, integration, AI, and cloud-native services, OCI delivers high security, performance, and cost savings. In addition, with multicloud, hybrid cloud, public cloud, and dedicated cloud options, OCI’s distributed cloud delivers the benefits of cloud with greater control over data residency, locality, and authority, even across multiple clouds. Oracle Fusion Cloud Applications Suite enables organizations to take advantage of the cloud to break down organizational silos, standardize processes, and manage financial, supply chain, HR, and customer experience data on a secure integrated SaaS platform. Oracle Construction and Engineering’s Smart Construction Platform helps teams work together, turn data into intelligence, and coordinate resources for smooth project planning, delivery, and operations. “As the Public Sector continues to prioritize modernization and adoption of a multicloud model, Oracle is focused on interoperability and ideally positioned to help government customers innovate faster to better support their missions,” said Kyle Clement, Senior Manager, NACT Government Alliances and Channels, Oracle. “We are excited to partner with Carahsoft to bring Oracle solutions to more Public Sector customers and to continue to drive success for government agencies and the citizens they serve.” Carahsoft will serve as the aggregator for the partnership, enabling Oracle to access Carahsoft’s portfolio of contract vehicles and extensive Public Sector ecosystem of channel partners. The Carahsoft team has significant expertise in partnering with the Public Sector to advance multi-cloud strategies while ensuring ease of procurement. “We are excited to leverage our dedicated sales and marketing teams in support of this new partnership with Oracle,” said Lacey Wean, Sales Director who leads the Oracle Team at Carahsoft. “By including Oracle on our contract vehicles, Carahsoft and our partners are able to expand the reach of their solutions for cloud, cybersecurity, data management and more to Government agencies.” Oracle's solutions are available through Carahsoft’s SEWP V contracts NNG15SC03B and Carahsoft’s GSA Schedule No. 47QSWA18D008F. For more information about the offerings available through this new partnership, visit https://www.carahsoft.com/oracle. To request a demo or speak to a representative, contact the contact the Oracle team at Carahsoft at (855) 618-3114 or Oracle@carahsoft.com. About Oracle PartnerNetwork Oracle PartnerNetwork (OPN) is Oracle’s partner program designed to enable partners to accelerate the transition to cloud and drive superior customer business outcomes. The OPN program allows partners to engage with Oracle through track(s) aligned to how they go to market: Cloud Build for partners that provide products or services built on or integrated with Oracle Cloud; Cloud Sell for partners that resell Oracle Cloud technology; Cloud Service for partners that implement, deploy and manage Oracle Cloud Services; and License & Hardware for partners that build, service or sell Oracle software licenses or hardware products. Customers can expedite their business objectives with OPN partners who have achieved Expertise in a product family or cloud service. To learn more visit: http://www.oracle.com/partnernetwork About Carahsoft Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider®, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator® for our vendor partners, we deliver solutions for Geospatial, Cybersecurity, MultiCloud, DevSecOps, Big Data, Artificial Intelligence, Open Source, Customer Experience and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles. Visit us at www.carahsoft.com.

Read More

More featured news