Quantum computing Honeywell, Rigetti, CQC push boundaries

gigabitmagazine.com | March 03, 2020

The term ‘quantum computing’, however, risks becoming a buzzword without clear definition. Simply put, quantum computing is analogous to regular computing, except for the use of quantum rather than conventional bits. While a regular bit is, by definition, in one of two states, a quantum bit can be a superposition of both states at once, opening up novel approaches to computation.The advent of the technology poses questions owing to quantum computers’ anticipated capabilities in fields such as cryptography, where, due to their highly parallel nature, they can crack encryption methods that would take conventional computer aeons. Increasingly, however, the narrative is becoming more about the possibilities of the technology, particularly in a commercial space, owing to the interest of some of the world’s largest tech companies. Rigetti, one of the providers behind Amazon Braket, Amazon’s service bringing access to quantum computing via the cloud, has just raised $71mn of a planned $80+mn round. That funding represents the single largest round to date for the company, which has raised almost $200mn total.While Amazon Braket targets scientists and researchers as well as developers, more nakedly commercial efforts are afoot. American industrial conglomerate Honeywell has said it is building “the world’s most powerful quantum computer based on quantum volume. Expected to be ready for commercial testing within three months, JPMorgan Chase has signed up as the first customer, bringing it to bear on financial calculations.

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The end-to-end security of VMware vCloud® Air™ (the “Service”) is shared between VMware and the customer. VMware provides security for the aspects of the Service over which it has sole physical, logical, and administrative level control. The customer is responsible for the aspects of the Service over which the customer has administrative level access or control.


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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 SECURITY

Lightspin Democratizes Cloud Security with Launch of Free Product Tier

Lightspin | September 12, 2022

Lightspin, the #1 cloud security solution for SaaS companies of all sizes, today announced free access to its Cloud Native Application Protection Platform (CNAPP). The platform prioritizes and remediates cloud security risks in minutes powered by the industry's only Attack Path Engine. There are more than 25,000 SaaS companies, with an estimated market size of more than $272 billion. These cloud-native SaaS companies looking to secure their data and workloads in the cloud have historically had two choices: a noisy legacy solution or expensive modern software designed for the enterprise market. Lightspin is meeting SaaS market demand for a robust and comprehensive cloud security solution that covers cloud-native companies from build to runtime. Driven by strong market interest - 600% increase in sign-ups since the free trial was announced less than 9 months ago - Lightspin created a model to empower customers and allow the organization to scale as the need grows. Lightspin now offers a self-serve experience that aligns with how SaaS security and engineering leaders want to discover and procure best-in-class tools. Lightspin's transparent pricing eliminates the guessing game of the traditional software buying process. "Great cloud security products should not just be for the enterprise, We know that security buyers want to explore products, they want to get immediate value from the solutions they are considering purchasing, and importantly they want transparency in pricing. There are many tools in the market, but Lightspin offers the undisputed best value." Vladi Sandler, co-founder and CEO of Lightspin Lightspin provides immediate tangible value via its Attack Path Engine which generates contextualized cloud risks from an attacker's perspective. Efficiently built on a Neo4j graph database and powered by proprietary graph algorithms developed by experienced cloud security researchers, Lightspin's CNAPP needs no configuration or custom queries to get started. Users can be up in minutes and ready to identify the fastest path to damage that an attacker could take to breach their cloud environment. Lightspin's pricing tiers include: Free Tier Lightspin's IaC scanning engine for up to 10 repositories. Expanded daily scan access for attack surface discovery capabilities with award-winning Recon.Cloud for public exposure information or through Lightspin's IaC security tool. Premium Tier: Built to be the most accessible and robust cloud native application protection platform: CSPM, KSPM, CWPP, IaC, and more starting at only $15,000 per year. Unlimited access to the proprietary Attack Path Engine: attack path analysis, root cause analysis, and dynamic remediation. SSO is included. API support. Access to all tool integrations. Enterprise Tier: All premium tier offerings, plus increased limits. Complete runtime protection for Kubernetes clusters. Dedicated white glove technical support from cloud experts. Free self-serve access to the Lightspin platform will be available in Q4. Visit www.lightspin.io/pricing to learn more. About Lightspin Lightspin is the #1 cloud security solution for SaaS companies of all sizes. Agentless and easy to deploy, Lightspin's Cloud Native Application Protection Platform (CNAPP) efficiently prioritizes and remediates cloud security risks in minutes using the industry's only Attack Path Engine built on the graph. Supporting Amazon Web Services, Google Public Cloud, Microsoft Azure and Kubernetes, Lightspin simplifies cloud security and compliance via its self-serve offering and graph-based algorithms. Based in New York and Tel Aviv, Lightspin is backed by Dell Technologies Capital and Ibex Investors. Leading SaaS companies such as Imperva, OutSystems, PageUp and Riskified trust Lightspin to protect their data and workloads in the cloud.

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CLOUD DEPLOYMENT MODELS

eSentire Announces Global Partnership with Lacework to Reduce Cloud Security Risk

eSentire | November 02, 2022

eSentire Inc., the Authority in Managed Detection and Response (MDR), announced today its global partnership with Lacework®, the data-driven cloud security company, advancing its protection of cloud workloads, containers, applications, and Kubernetes with 24/7 Multi-Signal MDR and Cloud Security Posture Management (CSPM) services, utilizing the Lacework Polygraph® Data Platform. eSentire is Lacework’s first global MDR partner. With 95% of organizations leveraging at least one cloud service1 and 70% running more than two containerized applications by 20232, security leaders must seek out partners who align cloud protection to each organization’s business strategy. Widespread adoption of cloud Infrastructure (IaaS), Platform (PaaS), and Software as a Service (SaaS) models demonstrate an undisputed business ambition to innovate and scale quickly. eSentire uniquely embraces the balance between business strategy and cloud security, delivering first and foremost on the mission to protect the risk in order to prevent business disruption. “eSentire understands that cloud security isn’t a journey to shift left for every organization. It’s about protecting what matters most to your business because a risk is a risk, no matter where your users and data reside, This partnership with Lacework demonstrates our commitment to driving the most proactive threat response outcomes forward on behalf of our global customer base. Our message to security leaders is that you’re in the cloud, and we’re all-in to protect you.” Rahul Bakshi, Chief Product Officer, eSentire Using machine learning, artificial intelligence, and cloud behavioral analytics, the Lacework Polygraph® Data Platform automatically learns and understands behaviors across an organization’s cloud environment. eSentire’s new partnership with Lacework expands its deep expertise across AWS, Azure and Google Cloud with further visibility, differentiated behavior-based threat detection, and context-rich insights to fuel its multi-signal investigations. From there, eSentire’s 24/7 SOC analysts and renowned Threat Response Unit (TRU) stop active threats before they spread to become business disrupting, with a Mean Time to Contain of less than 15 minutes. eSentire’s Cyber Risk Advisors act as an extension of the customer’s team, supporting their risk-based strategy with the contextual industry and business awareness required to provide actionable recommendations to improve cyber resilience across on-premise, cloud, and hybrid environments. Additional eSentire and Lacework mutual service benefits include: Identified and prioritized misconfigurations across the three major cloud providers – Azure, AWS, and Google Cloud Findings mapped against recognized industry frameworks, including HIPAA, CIS, and SOC 2 Complete multi-signal threat investigation visibility within eSentire’s Atlas Insight Portal Detection, investigation, and containment of threats to virtual machine (VM) workloads and containers up to 10x faster A 342% return on investment, 100:1 alert reduction, and 80% faster investigation capability “As threats continue to increase in speed and sophistication, customers are looking for security solutions which can help them continue to innovate quickly with the confidence they’re prioritizing security and compliance,” said Brian Lanigan, VP, Worldwide Channels and Alliances, Lacework. “Together with eSentire, we’re delivering a fully managed solution that provides complete cloud detection, investigation, and proactive threat response. This puts the customer’s protection at the forefront, mitigating cloud security risks with transparent visibility and co-management capabilities.” eSentire MDR for Cloud and Cloud Security Posture Management protection with Lacework is available now. eSentire and Lacework will be hosting an executive fireside chat on Thursday, December 7, 2022, with industry experts Tia Hopkins (Field CTO and Chief Cyber Risk Strategist, eSentire) and Erin K. Banks (Senior Director of Product Marketing, Partners & Alliances, Lacework) entitled: Risk is Risk - Is Cloud Security The Journey or The Destination? To register and participate in this engaging conversation, visit: mdr.esentire.com/lacework. About eSentire eSentire, Inc. is the Authority in Managed Detection and Response, protecting the critical data and applications of 1,500+ organizations in 80+ countries, representing 35 industries from known and unknown cyber threats. Founded in 2001, the company’s mission is to hunt, investigate and stop cyber threats before they become business disrupting events. Combining cutting-edge machine learning XDR technology, 24/7 Threat Hunting, and proven security operations leadership, eSentire mitigates business risk, and enables security at scale. The Team eSentire difference means enterprises are protected by the best in the business with a named Cyber Risk Advisor, 24/7 access to SOC Cyber Analysts, Elite Threat Hunters, and industry-leading threat intelligence research from eSentire’s Threat Response Unit (TRU). eSentire provides Managed Risk, Managed Detection and Response and Incident Response services.

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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

2CRSi a designer and manufacturer of high-performance energy-efficient servers, Clever Cloud, a European provider of automation and optimization solutions for websites and applications hosting, Kalray (Euronext Growth Paris: ALKAL), a leading provider of hardware and software technologies for high-performance, data-centric computing markets, from Cloud to Edge and Vates, an open source software company specializing in secure and open source virtualization, are pleased to announce that the ReNESENS project, led by Vates, has been awarded by the French AMI Cloud: France 2030 Investment Plan - "Supporting the supply of solutions for the industry of the future"1. The aim of ReNESENS is to develop solutions for Cloud and Edge data center infrastructure around a new class of processors called DPU (Data Processing Unit) and innovative virtualization and software-defined technologies. 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. In this regard, virtualization plays a key role; ReNESENS is a project of strategic importance to develop the next generation of data centers, both at the core and at the Edge. In this project, Vates will work closely with its partners to integrate XCP-ng into Kalray’s DPU architecture and ensure its stack works well with Clever Cloud’s network tools. It will also deliver tightly optimized appliances that combine the best of Kalray, Clever Cloud technologies and 2CSRi’s high-end and Edge computing hardware solutions.” “Innovation is the driving force of 2CRSi. Our contribution to the ReNESENS project is strategic for the group. Working on technology sovereignty is key to success in a disoriented post-COVID world. This project, entirely developed in France with our partners Kalray, Clever Cloud and Vates, will change the course of how we manage and power infrastructure. 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. About 2CRSi Founded in Strasbourg (France), 2CRSi group develops, produces and sells customised, high-performance and environmentally friendly servers. In the 2021-22 financial year, the Group generated revenue of €183.6 million. The Group today has approximately 400 employees and markets its offer of innovative solutions (processing, storage and network) in more than 50 countries. 2CRSi has been listed since June 2018 on the regulated market of Euronext in Paris (ISIN Code: FR0013341781). About Clever Cloud Founded in 2010, Clever Cloud is a company based in Nantes, France, and specializes in IT automation. It creates and provides the software building blocks necessary for the flexible deployment of applications on self-service PaaS architectures. Its clients include major names such as Airbus, AXA About Kalray Kalray is a leading provider of hardware and software technologies and solutions for high-performance, data-centric computing markets, from cloud to edge. 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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Spotlight

The end-to-end security of VMware vCloud® Air™ (the “Service”) is shared between VMware and the customer. VMware provides security for the aspects of the Service over which it has sole physical, logical, and administrative level control. The customer is responsible for the aspects of the Service over which the customer has administrative level access or control.

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