HYPER-CONVERGED INFRASTRUCTURE, APPLICATION INFRASTRUCTURE

Zesty Lands $75 Million Series B to Lead the Evolution to Dynamic Cloud Infrastructure

Zesty | September 14, 2022 | Read time : 02:50 min

Zesty
Zesty, a pioneer in dynamic cloud infrastructure solutions, today announced a $75 million Series B funding round led by B Capital and Series A investor Sapphire Ventures. Previous investors Next47 and S-Capital also participated in the round. Zesty has raised $116 million in total since its founding in 2019. Zesty's customer base has grown by 127% from 2021 to 2022 and the company has tripled its revenue since its Series A last year.

The static nature of cloud infrastructure today encumbers DevOps with the burdensome task of managing cloud resources in a constantly shifting business environment. DevOps teams burn countless hours trying to make predictions and manual adjustments to ensure their infrastructure efficiently meets application demand. Budgets are further strained as cloud infrastructure spend is expected to hit over $90 billion in 2022 – 22% more than in 2021.

Zesty's solutions spearhead the evolutionary transition to dynamic cloud infrastructure by automatically adapting compute and storage to meet real-time business needs. As a result, businesses can finally fulfill the promise of the cloud by gaining the flexibility they need to scale up or down. This allows DevOps teams to significantly reduce cloud costs, maintain optimal app performance, and alleviate the stress of managing static infrastructure. Zesty's solutions require zero human input – so engineers no longer waste time monitoring, measuring, predicting, and adjusting resource allocations, and can instead focus on developing new products and features.

"The cloud has become the foundation for critical functions for countless companies, but more often than not, DevOps teams are stuck with static infrastructure, like discount program commitments or allocated storage volumes that waste time and money. "This situation is no longer tenable in today's volatile economic environment, or any environment for that matter. DevOps teams shouldn't be wasting their time babysitting the cloud. That's why we're excited to help companies save significant resources, both financial and human. This investment will help us grow our team and further develop our products to meet the exploding demand for greater cloud flexibility."

Maxim Melamedov, CEO and co-founder of Zesty

Zesty's suite of products are designed with DevOps teams in mind, providing the first automated solutions for resource optimization tasks that are traditionally manual and labor intensive.

Their customer base includes hundreds of international companies – including Heap, Gong, Yotpo, Monday, and Wiz.

"Despite its enormous value and scalability, the cloud still lacks flexibility and that's holding DevOps back," said Rashmi Gopinath, General Partner at B Capital. "Teams are forced to make impossible predictions regarding future infrastructure needs, which leads to wasted money and is a huge drag on DevOps productivity. Dynamic cloud infrastructure is the game-changer so many businesses have been waiting for, and we're excited to be part of this cloud revolution."

"Cloud computing continues to hold huge potential and promise for companies of all sizes and at all stages of the cloud adoption journey," said Casber Wang, Partner at Sapphire Ventures and Zesty board member. "But that promise comes at a high associated cost: management intricacy, cloud waste, margin erosion, imprecise budgeting, and much more. Cloud needs have always been dynamic, and with Zesty's differentiated optimization platform, companies can now see the ROI and stop making such a trade-off, programmatically."

About Zesty
Zesty helps organizations adapt to changing business needs by making their cloud infrastructure more dynamic. With offerings for compute, block storage, and Kubernetes,  Zesty automatically scales resources to meet application demands in real-time. This helps DevOps teams to slash cloud costs, maintain perfect app performance, minimize the hassle of managing infra and fully realize the true flexibility of the cloud.

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Juniper Networks, the Juniper Networks logo, Juniper, and Junos are registered trademarks of Juniper Networks, Inc. in the United States and other countries. All other trademarks, service marks, registered marks, or registered service marks are the property of their respective owners. Juniper Networks assumes no responsibility for any inaccuracies in this document. Juniper Networks reserves the right to change, modify, transfer, or otherwise revise this publication without notice.


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STORAGE MANAGEMENT,DATA STORAGE,WINDOWS SERVER OS

Park Place Technologies Acquires CentricsIT Global Services Division

Park Place Technologies | December 09, 2022

Park Place Technologies, the leading global data center and networking optimization firm, has acquired the TPM and Professional Services assets of CentricsIT, an IT services provider based in Atlanta, Georgia. The demand for Professional Services is growing globally, driven by economic conditions and skills gaps. Park Place’s Professional Services offering will benefit from the acquisition with greater capabilities in IMAC, ITAD, Remote Hands, and deployment services, including cabling, wi-fi surveys, data center installs and refreshes, and network installations. Park Place clients will benefit from a state-of-the-art Professional Services portal developed by CentricsIT that provides real-time project status, reporting, and collaboration tools. Park Place’s Project Management Office function will be enhanced with the addition of Project Management Institute-certified CentricsIT employees worldwide. CentricsIT customers will gain access to Park Place Technologies’ unique portfolio of products and services, including automated monitoring and managed services. Chris Adams, President and CEO of Park Place Technologies, said in addition to investing in Professional Services, Park Place continues to focus on providing exceptional customer service and support. “When acquiring businesses, we always search for companies that are intensely focused on customer service and have a similar culture and value set to PPT. CentricsIT delivers that and more,” he said. “Our combined Professional Services capabilities are evolving to meet client needs, and this will accelerate that CX agenda. CentricsIT’s EVP of Global Services, Patrick Keuller, will join the global Professional Services group. Patrick brings decades of experience and understands the growing needs of companies around the globe that are struggling to recruit skilled stafff and stretching budgets to efficiently manage their infrastructures." CentricsIT has been a global leader in IT lifecycle management solutions and professional services since 2007. As the company transitions its professional services and TPM divisions to Park Place Technologies, it will retain its server, storage and networking resale division. We’re pleased to have found the right fit in Park Place Technologies for our services practice to grow and thrive. We know they will continue to excel in service delivery and client support.” CentricsIT founder and CEO Derek Odegard. About Park Place Technologies Park Place Technologies is a global data center and networking optimization firm. Powered by the world’s largest on-the-ground engineering team, a robust group of advanced engineers and our fully staffed, 24x7x365 Enterprise Operations Center, we offer a robust portfolio of IT solutions to optimize networking and data center uptime and performance. Our services include third-party data center hardware maintenance, professional services, infrastructure managed services, network performance monitoring and hardware sales. Through our unique and fully integrated DMSO (Discover, Monitor, Support, Optimize) approach, customers enjoy streamlined infrastructure monitoring and management, cost efficiencies, less chaos, and faster mean-time-to-resolution – ultimately providing the freedom to think bigger.

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STORAGE MANAGEMENT,DATA STORAGE,WINDOWS SERVER OS

Ventana Introduces Veyron, World's First Data Center Class RISC-V CPU Product Family

Ventana Micro Systems Inc. | December 14, 2022

Ventana Micro Systems Inc. today announced its Veyron family of high performance RISC-V processors. The Veyron V1 is the first member of the family, and the highest performance RISC-V processor available today. It will be offered in the form of high performance chiplets and IP. Ventana Founder and CEO Balaji Baktha will make the public announcement during his RISC-V Summit keynote today. The Veyron V1 is the first RISC-V processor to provide single thread performance that is competitive with the latest incumbent processors for Data Center, Automotive, 5G, AI, and Client applications. The Veyron V1 efficient microarchitecture also enables the highest single socket performance among competing architectures. Veyron V1's efficient performance combined with RISC-V's open and extensible architecture enables customer innovation and workload optimization. This results in further workload efficiency gains through domain specific acceleration that will extend Moore's Law to deal with the emerging energy and thermal constraints for data centers. The standards-based Veyron V1 compute chiplet and reference platform enable customers a time to market acceleration of up to two years and reduction of development costs by up to 75%. Chiplet based solutions also provide better unit economics by right sizing compute, IO, and memory. Composable architectures leveraging chiplets allow companies to focus on their innovation and differentiation to achieve workload optimization. Additionally, Ventana provides a Software Development Kit (SDK) which includes an extensive set of software building blocks already proven on Ventana's RISC-V platform. "Our vision of delivering the highest performance RISC-V CPUs is helping to reshape next generation high performance open hardware architectures. Today, we have a significant first mover advantage by providing a platform that can allow customers to innovate and differentiate. Markets which require high performance compute such as Data Center, 5G, AI, Automotive, and Client will all benefit from our open standards-based, ultra low latency chiplet solution that delivers rapid productization with significant reduction in development time and cost compared to the prevailing IP models. Ventana's strong roadmap and customer engagement puts the company in prime position for sustained market leadership." Balaji Baktha, Founder and CEO of Ventana. The new RISC-V CPU core is the centerpiece of the first compute chiplet solution with chiplets supplied by different companies. Ventana's Veyron platform solution also enables integration of a flexible Domain Specific Accelerator for hardware/software codesign. Veyron V1 is available in the second half of 2023 and is the first in a series of products from Ventana. High performance features of the Veyron V1 include: enterprise class RAS, virtualization, robust security, top-down performance tuning, and system IP such as IOMMU and advanced interrupt controller. "Ventana has a world class team with an average of twenty plus years of experience bringing multiple new CPU architectures to market," said Patrick Moorhead, Founder and Chief Analyst at Moor Insights & Strategy. "Ventana is the first big core in RISC-V to show up, the only game in town, and has a jump on the market." About Ventana Micro Systems Inc. Headquartered in Cupertino, Ventana Micro Systems Inc. was launched in 2019 to revolutionize the processor market by offering high-performance, extensible and secure compute chiplets based on RISC-V's open architecture. Ventana is a Premier Member of RISC-V International and part of its Technical Steering Committee.

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IT SYSTEMS MANAGEMENT,AWS

Pivotal Commware Lights Up mmWave Fixed Wireless Coverage in Houston

Pivotal Commware, Inc. | December 05, 2022

Pivotal Commware, global leader in 5G mmWave infrastructure products for the wireless edge, announces that Pivotal Turnkey is expanding 5G mmWave coverage for a Tier 1 mobile network operator (MNO) in Houston. Pivotal Turnkey provides an end-to-end solution using Pivotal’s mmWave product ecosystem. Turnkey delivers potential fixed wireless access (FWA) subscribers to MNOs at lower Total Cost of Ownership (TCO) – 25% to 35% the cost of fiber – and lower time-to-revenue. WaveScape® network planning optimizes the placement of network elements -- Pivot 5G® and Echo 5G® -- for a given coverage objective. Pivots navigate mmWave signals around obstacles. Echos penetrate them indoors through window glass to deliver gigabit broadband speed. Intelligent Beam Management System (IBMS) manages and optimizes the repeater network layer. “With Pivotal Turnkey, we can go into any city where an MNO has deployed mmWave 5G coverage for mobility services and use their pre-existing network elements, alongside ours, to light up new FWA services in a few months,” said Brian Deutsch, CEO of Pivotal Commware. “By providing the lowest total cost of ownership for the operator and accelerating their time-to-revenue, we go from FWA-zero to hero in just a few months.” We have worked in the trenches alongside our MNO partners for the past four years, and through the experience believe that no one understands mmWave’s unique challenges like Pivotal does. Only Pivotal’s ecosystem of products and services can offer a solution that begins with proprietary modeling and ends with network launch. With Turnkey, our MNOs get five companies under one roof.” Jay Maciejewski, General Manager of Pivotal Turnkey Services. 5G FWA has been a runaway success for MNOs competing for their share of the $100 billion U.S. broadband market. As data demand continues to climb at a 40 percent compound annual growth rate, keeping subscribers happy will require the higher capacity found at mmWave frequencies, freeing up costly and scarce sub-6 GHz frequencies for mobile users. Deutsch added, “At 500 GB/month, FWA subscribers consume 40X the data of mobile subscribers. Getting them onto the vast available spectrum at mmWave, at gigabit speeds, is a priority.” About Pivotal Commware, Inc. Pivotal Commware develops communications platforms, systems and applications based on Holographic Beam Forming®. HBF antenna technology enables network operators to increase network speed, capacity, and spectral efficiency using the lowest cost, size, weight, and power consumption (C-SWaP) envelope available. Pivotal’s unique mmWave product ecosystem includes Echo 5G indoor subscriber and Pivot 5G outdoor network repeaters, and cloud based WaveScape™ network planning software and Intelligent Beam Management System (IBMS). The company is privately held and headquartered in Kirkland, Washington.

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HYPER-CONVERGED INFRASTRUCTURE,APPLICATION INFRASTRUCTURE,IT SYSTEMS MANAGEMENT

Effectual Achieves Inaugural HashiCorp Infrastructure Competency

Effectual | November 09, 2022

Effectual, a modern, cloud first managed and professional services company, has been awarded the HashiCorp Infrastructure Competency as part of the newly released Partner Technical Competency Program for Systems Integrators. Effectual is one of only six companies globally to be recognized with the HashiCorp Infrastructure Competency as part of the program's launch. As a leader in multi-cloud infrastructure automation software, HashiCorp's software suite enables organizations to adopt consistent workflows and create a system of record for automating the cloud: infrastructure provisioning, security, networking, and application deployment. The new competency program gives partners with the HashiCorp Systems Integrator designation the opportunity to be recognized for their ability to deliver and integrate HashiCorp products and solutions into end customers' initiatives. Competencies are only awarded after a successful audit that assesses a range of requirements, including the number of technical staff certified on HashiCorp products and proven customer success with HashiCorp products in deployment. HashiCorp's endorsement gives customers confidence in Effectual's ability to guide, advise, assist, and execute alongside them, bringing the required experience and expertise to succeed with the advantages of HashiCorp's portfolio of automation tools. "Effectual enables customers to accelerate automation and innovation utilizing HashiCorp Terraform, Vault, and the recently released HCP Boundary. "Together we help customers drive positive business outcomes and realize greater agility, security controls, and increased operational efficiency." Robb Allen, Effectual CEO As an elite pure-play AWS services provider, Effectual is a validated AWS MSP Partner holding six AWS competencies. Effectual prides itself on bringing deep cloud and modernization experience to all customer engagements. Complementing this deep partnership with AWS, the cloud first MSP has embraced and invested in its partnership with HashiCorp. This strategic combination of industry expertise ensures that customers have the confidence to migrate and establish a strong modern foundation on which to build and deploy next-generation applications, services, and operations. About Effectual An AWS Premier Consulting Partner, Effectual is a modern, cloud first managed and professional services company that works with commercial enterprises and the public sector to enable digital transformation and full stack IT modernization. Effectual's deeply experienced and passionate team of problem solvers apply proven methodologies to enable positive business outcomes with Amazon Web Services and VMware Cloud on AWS. Effectual is a member of the Cloud Security Alliance, and the PCI Security Standards Council.

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Juniper Networks, the Juniper Networks logo, Juniper, and Junos are registered trademarks of Juniper Networks, Inc. in the United States and other countries. All other trademarks, service marks, registered marks, or registered service marks are the property of their respective owners. Juniper Networks assumes no responsibility for any inaccuracies in this document. Juniper Networks reserves the right to change, modify, transfer, or otherwise revise this publication without notice.

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