Oriente raises $50 million to continue building its infrastructure for digital financial services

techcrunch | April 28, 2020

Oriente, a Hong Kong-based startup that develops tech infrastructure for digital credit and other online financial services, has raised $50 million for its ongoing Series B round. The funding was led by Peter Lee, co-chairman of Henderson Land, one of Hong Kong’s largest property developers, with participation from investors including website development platform Wix.com.Launched in 2017 by Geoff Prentice (one of Skype’s co-founders), Hubert Tai and Lawrence Chu, Oriente  focuses on markets that are underserved by traditional financial institutions. The new funding will be used for growth in Oriente’s existing markets, the Philippines and Indonesia, and expansion into new countries, including Vietnam.

Spotlight

A decade ago, financial services and insurance (FSI) firms considered the cloud be a shared space for hosting applications—one that was somewhat risky. Concerned about security breaches and loss of control, such firms were late adopters of public cloud services.

Spotlight

A decade ago, financial services and insurance (FSI) firms considered the cloud be a shared space for hosting applications—one that was somewhat risky. Concerned about security breaches and loss of control, such firms were late adopters of public cloud services.

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Data Storage

Astera Labs First to Break Through the Memory Wall with Industry’s Highest Performance CXL Memory Controllers

Business Wire | September 21, 2023

Astera Labs, the global leader in semiconductor-based connectivity solutions for AI infrastructure, today announced that its Leo Memory Connectivity Platform enables data center servers with unprecedented performance for memory intensive workloads. Leo is the industry’s first Compute Express Link™ (CXL™) memory controller that increases total server memory bandwidth by 50% while also decreasing latency by 25% when integrated with the forthcoming 5th Gen Intel® Xeon® Scalable Processor. Through new hardware-based interleaving of CXL-attached and CPU native memory, Astera Labs and Intel eliminate any application-level software changes to augment server memory resources via CXL. Existing applications can effortlessly “plug-and-play” to take advantage of the highest possible memory bandwidth and capacity in the system. “The growth of computing cores and performance has historically outpaced memory throughput advancements, resulting in degraded server performance efficiency over time,” said Sanjay Gajendra, COO of Astera Labs. “This performance scaling challenge has led to the infamous ‘memory wall,’ and thanks to our collaboration with Intel, our Leo Memory Connectivity Platform breaks through this barrier by delivering on the promise of PCIe 5.0 and CXL memory.” Data center infrastructure scaling limitations due to the memory wall are none more evident than in AI servers where memory bandwidth and capacity bottlenecks result in inefficient processor utilization. The CXL innovations delivered by Astera Labs and Intel directly address these bottlenecks and lay the foundation for cloud, hybrid-cloud and enterprise data centers to maximize accelerated computing performance. Extending leadership of PCIe® 5.0 and CXL 2.0 solutions Astera Labs has a history of delivering industry-first solutions that are critical to advancing the PCIe and CXL ecosystems. In addition to memory performance advancements with Leo, Astera Labs is also driving interoperability leadership with its Aries PCIe 5.0 / CXL 2.0 Smart Retimers on state-of-the-art Intel server platforms. As the most widely deployed and proven PCIe/CXL retimer family in the industry, Aries features a low-latency CXL mode that complements Leo to form the most robust CXL memory connectivity solution. “We applaud Astera Labs for their contributions to the CXL ecosystem and are delighted to extend our ongoing collaboration. We believe Memory Connectivity Platforms containing innovations from companies like Astera Labs will help deliver enhanced performance on next generation Intel Xeon processors, and accelerate a myriad of memory intensive workloads,” said Zane Ball, Corporate Vice President and General Manager, Data Center Platform Engineering and Architecture Group, Intel. Visit Astera Labs at Intel Innovation! Astera Labs will showcase Leo and Aries together with Intel’s latest Xeon® Scalable processors at Booth #210, September 19-20 at the San Jose Convention Center. Talk to Astera Labs’ experts to learn more about industry benchmarks and how to optimize PCIe/CXL memory solutions in data center architectures to deliver optimized performance for applications ranging from AI, real time analytics, genomics and modeling. About Astera Labs Astera Labs, Inc. is a global leader in semiconductor-based connectivity solutions purpose-built to unleash the full potential of intelligent data infrastructure at cloud-scale. Its class-defining, first-to-market products based on PCIe, CXL, and Ethernet technologies deliver critical connectivity in accelerated computing platforms optimized for AI applications.

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Hyper-Converged Infrastructure, Data Storage

Ermetic Releases CNAPPgoat Open Source Project for Assessing Multi Cloud Security

businesswire | August 03, 2023

Ermetic, a leading cloud infrastructure security company, today announced CNAPPgoat, an open source project that allows organizations to safely test their cloud security skills, processes, tools and posture in interactive sandbox environments that are easy to deploy and destroy. CNAPPgoat supports AWS, Azure and GCP platforms for assessing the security capabilities included in Cloud Native Application Protection Platforms (CNAPP). The CNAPPgoat project will be officially presented at DEF CON Demo Labs in Las Vegas on Friday, August 11 from 12:00pm-1:55pm by Noam Dahan, Research Lead and Igal Gofman, Head of Research for Ermetic. On Wednesday, August 16 at 10am PST/1pm EST, Ermetic will present a webinar on using CNAPPgoat, to register visit thislink. Unlike projects that illustrate possible attack paths, CNAPPgoat provides a large and expanding library of scenarios that security teams can execute to create a customized cloud environment for simulating unsecured and vulnerable assets and validating their defenses. The ability to easily provision a vulnerable environment with a broad range of risk scenarios provides the following benefits: Create a sandbox for testing an organization’s security posture by assessing security team capabilities, procedures and protocols Use vulnerable environments for hands-on workshops to train team members on new skills and techniques Provision a “shooting range” for pentesters to test their skills at exploiting the scenarios and developing relevant capabilities Benchmark CNAPP tools against known environments to evaluate their capabilities “Compared to existing open-source projects that create ‘capture the flag’ scenarios where participants are expected to follow a certain path, CNAPPgoat spans the leading cloud provider platforms and CNAPP capabilities while providing a modular and granular approach for provisioning specific categories of risks and vulnerabilities,” said Igal Gofman, Director of Research for Ermetic. “This breadth and depth allows pentesters and defenders to precisely isolate the elements they want to explore for training, new skills acquisition, prevention and security posture assessments,” added Noam Dahan, Research Lead. CNAPPgoat enables security teams, trainers and pentesters to provision and run vulnerable scenarios from the following modules that make up the CNAPP specification defined byGartner: Cloud Infrastructure Entitlement Management (CIEM) - covers risks associated with identities and entitlements, such as the unintended ability of an identity to escalate its privileges Cloud Workload Protection Platform (CWPP) - includes the exposure of workloads to vulnerabilities such as running vulnerable/end of life software or OS versions Cloud Security Posture Management (CSPM) - spans the misconfiguration of cloud infrastructure components, such as publicly exposed storage resources Infrastructure as Code (IaC) scanning - will be added soon for finding misconfigurations directly in the code CNAPPgoat is an open community initiative designed to be used by anyone for commercial, technical and educational purposes. See today’sblogfor implementation details. Additional artifacts including deeper technical dives and guides will be released soon. Contributions are encouraged including new scenarios, scenario proposals, issues, suggestions, feature requests or simply sharing feedback. To learn more and access CNAPPgoat visit thislink. About Ermetic Ermetic reveals and prioritizes security gaps in AWS, Azure and GCP and enables organizations to remediate them immediately. The Ermetic cloud native application protection platform (CNAPP) uses an identity-first approach to unify and automate cloud infrastructure entitlement management (CIEM), cloud security posture management (CSPM), cloud workload protection and Kubernetes security posture management (KSPM). It unifies full asset discovery, deep risk analysis, runtime threat detection and compliance reporting, combined with pinpoint visualization and step-by-step guidance. The company is one of America’s Best Startup Employers according toForbesand led by proven technology entrepreneurs whose previous companies have been acquired by Microsoft, Palo Alto Networks and others. Ermetic has received funding from Accel, Forgepoint, Glilot Capital Partners, Norwest Venture Partners, Qumra Capital and Target Global.

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Hyper-Converged Infrastructure, Storage Management

365 Data Centers Rebrands and Upgrades Key Business Continuity Sites

businesswire | August 09, 2023

365 Data Centers, a leading provider of network-centric colocation, cloud solutions, and network connectivity, announces enhanced business continuity capabilities to serve customers at its data center facilities in two regional markets: Smyrna/Atlanta, Georgia, and Marlboro/Boston, Massachusetts. Both dedicated and shared space along with connectivity at these facilities has been significantly improved. This ensures that existing and prospective customers in 365’s Florida, Georgia, Tennessee, and New England markets have access to regional, high-availability business continuity space and all of 365’s highly resilient and interconnected colocation, network and cloud services. In addition, 365 continues to provide similar services on a smaller scale at its Carlstadt, New Jersey, and Philadelphia data center facilities to serve its current and prospective mid-Atlantic region customers. “Our now enhanced business continuity services meet the most discerning needs, providing the venues and environment that customers need to operate in the normal course of business,” comments Bob DeSantis, CEO of 365 Data Centers. “Coupled with proximity to our colocation, network, internet, cloud, and managed service capabilities, 365 customers can be assured that their business and deliverables to their customers will continue without interruption.” With this recent rebranding and upgrade, 365 Data Centers’ Smyrna and Marlboro business continuity facilities now boast 350 and 250 seats, respectively, conference and break rooms, reliable PC workstations, telephones, and printer access. These suites are supported by highly resilient critical infrastructure to ensure continuous availability. This includes UPS supported power with emergency backup generators available in an N+1 configuration to provide continuous operations during utility outages. 365 Data Centers’ business continuity services offer customers a reliable and proven solution to maintain, sustain, and deliver on their corporate promises regardless of what natural or man-made event may occur to challenge normal day-to-day operations. This service guarantees 24/7/365 access and includes conditioned space, an ethernet drop, and offers partitioned walls and individual access doors to ensure security and privacy. All customers gain access to services such as dedicated internet access and direct connectivity into their network or virtual environment located at any of 365 Data Centers’ 20 data center facilities. The benefits of an established business continuity plan go beyond disaster preparedness. It is especially vital when dealing with confidential or time-sensitive data, making this a required service for hospital systems and regulated industries such as financial services, banks, investment funds, and insurance companies, which are required to follow strict continuity protocols set forth by state, federal, and county entities. “The addition of these key sites will ensure that our existing and prospective customers will have access to high quality, high availability business continuity solutions,” says Steve Oakie, Chief Revenue Officer of 365 Data Centers. “This will particularly benefit our large customer base in Florida and within the Northeast corridor. This development bolsters 365’s role as a leading single-source provider of IT infrastructure and business continuity services.” About 365 Data Centers 365 Data Centers is a leading provider of hybrid Data Center solutions in 20 strategic, primarily edge, markets. Along with network-centric Data Centers in Alpharetta (GA), Aurora (CO), Boca Raton (FL), Bridgewater (NJ), Buffalo (NY), Carlstadt (NJ), Chicago (IL), Commack (NY), Detroit (MI), Fort Lauderdale (FL), Herndon (VA), Nashville (TN), Marlborough (MA), Philadelphia-University City (PA), Philadelphia Downtown (PA), New York City (NY), Rancho Cordova (CA), Richardson (TX), Smyrna (GA), and Tampa (FL). The company also operates a resilient, low latency, nationwide fiber network and four cloud regions. 365 serves more than 1,700 customers.

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