CLOUD APP MANAGEMENT

JFrog Acquires Upswift, Bringing Software Updates and Container Deployment for IoT Devices to Developers

JFrog Ltd, Upswift | September 13, 2021

JFrog Ltd. the Liquid Software company, today announced the acquisition of Upswift, the creators of connected device management software for developers. The combined companies aim to deliver the industry’s first complete development-to-device platform that bridges the gap between current IoT software silos and common DevOps processes, such as dependency scanning, CI/CD, artifact management, shifting left for application security, software distribution and more. This empowers developers to connect modern CI/CD and SecOps workflows to the world of connected devices, providing a complete process from software creation to full deployment on the device itself.

For customers, this acquisition means an actualization of digital transformation, delivering automation from development environments to the cloud and all the way to end devices.

“We are extremely excited about this acquisition on several levels – the technology, the people, and the market potential,” said Shlomi Ben Haim, Co-founder and CEO of JFrog. “Not only will we be able to connect the worlds of DevOps and IoT for the first time and make digital transformation real for developers, but we are also joining forces with an incredible team with a passion for innovation and infinite scale. This is another big leap towards our Liquid Software vision of becoming the company that powers the world’s software updates, amplifying our product roadmap and opening new market opportunities.”

Managing fleets of devices and edge applications remotely - including over-the-air (OTA) updates, security, monitoring, controlling and more - has quickly become unwieldy for most companies. Forecasts suggest around 24 billion IoT devices will be in use around the world by 2026, creating a management, security and software update market for connected devices worth nearly $16 billion.1 As the sophistication and complexity of both commercial and consumer devices increases, having a fast, reliable, secure way to monitor and update connected devices from a cloud-based DevOps platform is imperative.

“Most edge and IoT device software update solutions are homegrown, specialized and siloed from modern CI/CD and the DevOps software development lifecycle,” said Yoav Landman, Co-founder and CTO of JFrog. “At the same time, most of today’s DevOps solutions are not built to deliver and deploy software updates to distributed edge and IoT environments, nor manage them on an ongoing basis. Upswift provides a developer-focused device management and software update technology that easily integrates with current DevOps automation workflows and developer ecosystems, allowing continuous delivery to devices to happen naturally.”

The companies’ technologies aim to provide a single pane of glass for DevOps engineers and developers to securely manage the complete device software release cycle, reducing deployment time and operational pain.

The integrated technology platform will provide:
  • Ability to fully automate software updates from development to device, with full automation capabilities across the DevOps lifecycle of build, security, distribution, and device deployment.
  • Scalable, developer-oriented, OTA updates across large fleets of edge and IoT devices with automated, secure updates from anywhere.
  • Extended security capabilities to the broad IoT landscape, broadening visibility, monitoring risks and remediating vulnerabilities found on devices.
  • Ability to update software directly on IoT and edge devices, reliably delivering file-system and container updates across a distributed fleet.
  • Device update management and monitoring, including real-time status of device health, functioning, and applications.
  • Remote control capabilities across distributed edges, including direct device access from a browser or via API.
  • Complete visibility of software package releases through the full DevOps pipeline, including deployments and incremental updates.
  • Full integration with the JFrog Platform to enable simplified, secure management of software releases to the edge.
  • “As more and more intelligent applications and data collection move to the edge, the marriage of DevOps with device management is unstoppable,” said Amit Ezer, Founder and CEO of Upswift. “We're thrilled to join JFrog – a leader in the DevOps space – and to deliver something truly innovative to the market that helps developers further their digital transformation initiatives and bridge container deployment all the way to the end-device.”

The Upswift platform helps update, control, monitor and secure remote Linux & IoT devices at scale, with the click of a button for customers across all industries, Upswift’s team will join JFrog immediately.

For more details on the benefits JFrog’s acquisition of Upswift will deliver visit our blog. The new IoT and connected device management capabilities of the JFrog Platform powered by Upswift will be highlighted in a webinar, “JFrog and Upswift: Bringing IoT Software Updates to DevOps”, on Thursday, October 7, 2021 at 10 AM PT. Learn more and register here.

Terms of the transaction were not disclosed. The transaction is not expected to have a material impact on JFrog’s financial results for the third quarter or full year 2021.

About JFrog
JFrog is on a mission to be the company powering all of the world’s software updates, driven by a “Liquid Software” vision to allow the secure flow of binaries from developers to the edge. The company’s end-to-end DevOps platform – the JFrog Platform - provides the tools and visibility required by modern organizations to solve today’s challenges across critical pieces of the DevOps cycle. JFrog’s hybrid, universal, multi-cloud DevOps platform is available as both self-managed and SaaS services on AWS.

Spotlight

Two things are required to realize the full benefit of a cloud model: optimal application placement and effective capacity management. Experts from Enterprise Management Associates and CSC will discuss how getting these right sets the stage for a new IT operating model that delivers the agility and flexibility demanded by both commercial and public sectors. They'll also address the pitfalls of managing a complex, hybrid IT ecosystem encompassing traditional IT, private cloud and one or more public cloud providers. Plus, EMA's Jim Frey will share results of research on how visionary companies are moving aggressively to provide the self-service access required for developers and other business users while governing a hybrid ecosystem.


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CLOUD SECURITY

2CRSi, Clever Cloud, Kalray and Vates Join Forces for Sovereign and Innovative Data Center Equipment

Clever Cloud | October 18, 2022

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The speed, complexity and quantity of data handled by data centers is exploding historically on the Cloud and more recently at the Edge. New classes of equipment are needed based on new hardware and software foundations to provide more efficient, power-optimized, and more open data center infrastructures. The ReNESENS project is bringing together some of the most advanced French companies with unique expertise in the new class of DPU data processors, virtualization software, highly efficient servers and innovative data center architecture; Vates, Clever Cloud, Kalray and 2CRSi. The project intends to develop an innovative and attractive sovereign proposition, for both end users and the ecosystem of data center players. Olivier Lambert, President and Founder of Vates, said: “Data centers are more crucial now than ever before, meaning the need for innovative and very efficient systems management and portability. 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This solution is designed to solve two major issues of our industry; cloud security and energy savings in the data center environment.” Alain Wilmouth, CEO of 2CRSi Éric Baissus, CEO of Kalray, said: “DPU processors are a game changer for data center infrastructures. They offer a unique opportunity to build more flexible, scalable, energy-efficient solutions. As the European DPU leader, we are delighted to work closely with 2CRSi, Clever Cloud and Vates as part of the ReNESENS project to build the next generation of data center infrastructures.” Quentin Adam, CEO of Clever Cloud, said: “We are pleased to participate in the ReNESENS project, which will lead to the emergence of an innovative network traffic management solution, in both hardware and software, that will improve the technical and energy efficiency of our infrastructures while reducing costs. Clever Cloud will bring all its expertise to this initiative and to its partners 2CRSi, Kalray and Vates. Working together, French technology players will create tomorrow's Cloud tools.” The ReNESENS project is structured around 4 main areas: DPU and Virtualization: Usage of DPU to improve performance and power efficiency of virtualization and logical isolation. Orchestration: Orchestration with the development of an isolation system for the container execution environment. Software-defined networking and storage: The use of DPUs to achieve maximum network performance via open source, secure and high-performance software routing (Reverse Proxy) as well as storage protocols and services. Hardware integration: The use of DPUs within a new generation of data center equipment. Lasting 3 years, ReNESENS is a multi-million Euro project, with the predicted outcome of a complete range of highly innovative solutions combining hardware and software, enabling customers to use independent, secure and highly sophisticated appliances for their data centers. 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Kalray provides a full range of products to enable smarter, more efficient, and energy-wise data-intensive applications and infrastructures. Its offerings include its unique patented DPU (Data Processing Unit) processors and acceleration cards, as well as its leading-edge software-defined storage and data management solutions. Implemented individually or in combination, Kalray's high-performance solutions allow its customers to improve the efficiency of data centers or design the best solutions in fast-growing sectors such as AI, Media & Entertainment, Life Science, Scientific Research, Edge Computing, Automotive and others. Founded in 2008 as a spin-off of the well-known French CEA research lab, with corporate and financial investors such as Alliance Venture (Renault-Nissan-Mitsubishi), NXP Semiconductors or Bpifrance, Kalray is dedicated through technology, expertise, and passion. About Vates Since 2012, Vates has been developing open-source solutions dedicated to enterprise-grade server virtualization, ensuring the ability to deliver high performance in both data centers and small infrastructure. As a major player in systems management and delivery, we have been working on our innovative and secure open-source hypervisor based on Xen: XCP-ng, as well as the management, backup and orchestration platform dedicated to XCP-ng and Citrix Hypervisor: Xen Orchestra.

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CLOUD SECURITY

Sigma Computing Partners with Snowflake to Launch Solution on Healthcare & Life Sciences Data Cloud

Sigma | September 15, 2022

Forescout Technologies, the global leader in automated cybersecurity, today announced a new healthcare cybersecurity partnership with First Health Advisory, a leader in healthcare IT risk management. The partnership creates an innovative approach to connected asset risk management by automating the technical data collection, mitigation and risk reduction measures for a healthcare organization’s entire network that encompasses IT, IoT, OT, and IoMT assets. Healthcare organizations’ networks are under constant attack and often do not have the necessary human capital to oversee the work necessary to thwart a potential threat or attack through quick response. This challenge places added importance on the need to obtain highly skilled outside expertise to operationalize a program and execute ongoing asset risk assessments across the network. “Cybersecurity risk assessments for healthcare organizations are incredibly time consuming, static in nature, and mandated by regulatory requirements. Moreover, the steps to mitigate assessment findings and lower risk are difficult to complete with the current cyber skills shortage, This partnership and new approach that combines intuitive risk assessment and automated mitigation technology will allow healthcare organizations to not only make risk assessments easier and faster to complete, but also free up internal resources to support other critical aspects of the patient experience.” Tamer Baker, vice president, global healthcare, Forescout The audit experience will also see a major transformation through this new partnership. Organizations will have an ability to automate evidence collection and receive ongoing mitigation and vulnerability management support from First Health Advisory staff year-round. “Our partnership delivers the optimal solution healthcare organizations are looking for – the right balance of highly skilled, multi-disciplinary risk assessment personnel with deep understanding of the regulatory landscape together with a dependable cybersecurity platform that can automate risk reduction actions,” said Will Long, CSO of Enterprise Security & Technology at First Health Advisory. “We’re excited about this collaboration and together with Forescout, look forward to helping more healthcare organizations improve their security posture.” About Forescout Forescout Technologies, Inc. delivers cybersecurity automation across the digital terrain, maintaining continuous alignment of customers’ security frameworks with their digital realities, including all asset types – IT, OT, IoT, IoMT. The Forescout Continuum Platform provides complete asset visibility, continuous compliance, network segmentation and a strong foundation for Zero Trust. For more than 20 years, Fortune 100 organizations and government agencies have trusted Forescout to provide automated cybersecurity at scale. Forescout arms customers with data-powered intelligence to accurately detect risks and quickly remediate cyberthreats without disruption of critical business assets.

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CLOUD STORAGE

Wasabi Technologies Closes $250 Million in New Funding to Usher In the Future of Cloud Storage

Wasabi Technologies | October 04, 2022

Wasabi Technologies, the hot cloud storage company, today announced it has achieved unicorn status following $250 million in new funding. Wasabi raised $125 million in Series D equity led by L2 Point Management with participation from Cedar Pine; an affiliate of Cerberus Capital Management; and returning investors including Fidelity Management & Research Company and Forestay Capital, bringing the company’s valuation to over $1.1 billion. Wasabi also expanded its existing debt facility with MGG Investment Group to $125 million. Barclays acted as sole placement agent on the transaction. Wasabi provides fast, affordable, and highly reliable cloud data storage for businesses all over the world at 1/5th the cost of large hyperscale providers or on-premises storage, with no charges for egress or API requests and no complex tiering. The company's revenues more than doubled from 2020-2021, and Wasabi now has more than 40,000 customers in over 100 countries, 13,000 partners, 250+ global employees and 13 storage regions across North America, Europe, and Asia Pacific. The new equity will drive expansion into additional vertical markets and geographies, enhance Wasabi’s channel partnerships, and scale the company’s go-to-market team and global brand strategies. Meanwhile, the debt will be used to finance capital equipment and infrastructure in Wasabi’s storage regions around the world, and to invest in Wasabi’s technology capabilities to lay the groundwork for a new generation of cloud storage architecture. “Closing a large up round in this environment speaks to the spectacular growth of Wasabi, the magnitude of the cloud storage opportunity, and our leadership as the industry’s largest pure-play cloud storage vendor. At Wasabi, we focus on just one thing: cloud storage. We do it better than anyone else in the industry. Because of this singular focus, our team has achieved best-in-class performance and security at the lowest prices in the industry,” David Friend, co-founder and CEO of Wasabi Technologies Kerstin Dittmar, managing partner of lead investor L2 Point, will join Wasabi’s Board of Directors. “Wasabi provides a game-changing product that offers customers a simpler, faster, and significantly more economical solution to their cloud data storage needs. We believe this capital raise will allow Wasabi to continue to expand its offering across additional services and geographies to meet their global customers’ needs,” said Dittmar. “We are proud to partner with Wasabi to provide innovative solutions in cloud storage and security,” added Sam Barnett, PhD, executive chairman of Cedar Pine. “The importance of Wasabi’s technology is increasing in every industry.” Kevin Griffin, CEO of MGG Investment Group, also commented, “We seek to partner with best-in-class entrepreneurs and companies and are excited to continue supporting Wasabi Technologies and their global expansion.” In addition to the industry-leading performance of Wasabi hot cloud storage, the company partners with over 350 technology companies, including most of the world’s leading backup, disaster recovery, and surveillance companies. Wasabi is used to store data across a wide range of industries, including professional sports, energy and natural resources, finance, surveillance, education, manufacturing, consumer technology, healthcare, scientific research, and media and entertainment. “As our data needs continue to evolve, from player analytics, IoT, digital assets and even security, this presents an enormous learning opportunity for the organization,” said Brian Shield, senior vice president and CTO of the Boston Red Sox. “Wasabi provides a cost-effective cloud-based solution that enables us to retrieve content quickly and improve the level of video analysis and production we do here at the Red Sox.” About Wasabi Technologies Wasabi provides simple, predictable and affordable hot cloud storage for businesses all over the world. It enables organizations to store and instantly access an unlimited amount of data at 1/5th the price of the competition with no complex tiers or unpredictable egress fees. Trusted by tens of thousands of customers worldwide, Wasabi has been recognized as one of technology’s fastest-growing and most visionary companies. Created by Carbonite co-founders and cloud storage pioneers David Friend and Jeff Flowers, Wasabi is a privately held company based in Boston. Wasabi is a Proud Partner of the Boston Red Sox, and the Official Cloud Storage Partner of Liverpool Football Club and the Boston Bruins. About L2 Point Management L2 Point Management (“L2 Point”) is a San Francisco based investment firm providing innovative capital solutions for growth companies. With expertise across the capital structure, L2 Point works to address a common concern of late-stage companies today: the lack of an alternative cost of capital product between highly dilutive growth equity and operationally restrictive debt.

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CLOUD STORAGE

UBS and Microsoft announce landmark expansion of cloud partnership

Microsoft | October 31, 2022

On Thursday, UBS and Microsoft Corp. announced a landmark expansion of their partnership to accelerate UBS's public cloud footprint over the next five years. Through this transformational initiative, UBS plans to have more than 50% of its applications, including critical workloads, running on Microsoft Azure, now UBS's primary cloud platform. The partnership furthers UBS's "cloud-first" strategy and the modernization of its global technology estate. Through this partnership, UBS will have access to the most comprehensive cloud platform, trusted by more than 95% of Fortune 500 companies, with a rich set of productivity and collaboration tools, enabling the firm to increase the speed at which it can deliver and improve upon its digital experiences for clients and employees. 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Unleashing innovation and driving greater business insights on a trusted platform To support UBS's "cloud-first" strategy and further drive innovation, Microsoft actively brought its Azure confidential computing services to Switzerland. This provided UBS with a new functionality to protect and secure data sharing internally across all of UBS's business divisions, while maintaining the bank's compliance and security standards. As a result, UBS can now develop additional business insights and uncover new opportunities for innovation for its clients and employees. In addition, UBS will leverage Microsoft Power Platform — including Power Apps and Power Automate — which will provide employees with the ability to quickly build professional-grade applications, create automated workflows and connect disparate data sources. About UBS UBS convenes the global ecosystem for investing, where people and ideas are connected and opportunities brought to life, and provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as to private clients in Switzerland. UBS offers investment solutions, products and impactful thought leadership, is the leading global wealth manager, provides large-scale and diversified asset management, focused investment banking capabilities, and personal and corporate banking services in Switzerland. The firm focuses on businesses that have a strong competitive position in their target markets, are capital efficient and have an attractive long-term structural growth or profitability outlook. UBS is present in all major financial centers worldwide. It has offices in more than 50 regions and locations, with about 30% of its employees working in the Americas, 30% in Switzerland, 19% in the rest of Europe, the Middle East and Africa and 21% in Asia Pacific. UBS Group AG employs more than 72,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE). About Microsoft Microsoft enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.

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Spotlight

Two things are required to realize the full benefit of a cloud model: optimal application placement and effective capacity management. Experts from Enterprise Management Associates and CSC will discuss how getting these right sets the stage for a new IT operating model that delivers the agility and flexibility demanded by both commercial and public sectors. They'll also address the pitfalls of managing a complex, hybrid IT ecosystem encompassing traditional IT, private cloud and one or more public cloud providers. Plus, EMA's Jim Frey will share results of research on how visionary companies are moving aggressively to provide the self-service access required for developers and other business users while governing a hybrid ecosystem.

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