Tech Nuggets with Technology: This Blog provides you the content regarding the latest technology which includes gadjets,softwares,laptops,mobiles etc
Wednesday, October 16, 2019
GSSSB 2019 – Clerk & Office Asst Admit Card Download
WeWork owner creates committee to decide on financing lifeline: Sources
Xiaomi Says Widening India Product Range to Shed Budget Image
Last day of Amazon sale: 15 earphones, speakers and more gadgets of Sony, JBL, others at Rs 999 or less
Edge computing startup Pensando comes out of stealth mode with a total of $278 million in funding
Pensando, an edge computing startup founded by former Cisco engineers, came out of stealth mode today with an announcement that it has raised a $145 million Series C. The company’s software and hardware technology, created to give data centers more of the flexibility of cloud computing servers, is being positioned as a competitor to Amazon Web Services Nitro.
The round was led by Hewlett Packard Enterprise and Lightspeed Venture Partners and brings Pensando’s total raised so far to $278 million. HPE chief technology officer Mark Potter and Lightspeed Venture partner Barry Eggers will join Pensando’s board of directors. The company’s chairman is former Cisco CEO John Chambers, who is also one of Pensando’s investors through JC2 Ventures.
Pensando was founded in 2017 by Mario Mazzola, Prem Jain, Luca Cafiero and Soni Jiandani, a team of engineers who spearheaded the development of several of Cisco’s key technologies, and founded four startups that were acquired by Cisco, including Insieme Networks. (In an interview with Reuters, Pensando chief financial offier Randy Pond, a former Cisco executive vice president, said it isn’t clear if Cisco is interested in acquiring the startup, adding “our aspirations at this point would be to IPO. But, you know, there’s always other possibilities for monetization events.”)
The startup claims its edge computing platform performs five to nine times better than AWS Nitro, in terms of productivity and scale. Pensando prepares data center infrastructure for edge computing, better equipping them to handle data from 5G, artificial intelligence and Internet of Things applications. While in stealth mode, Pensando acquired customers including HPE, Goldman Sachs, NetApp and Equinix.
In a press statement, Potter said “Today’s rapidly transforming, hyper-connected world requires enterprises to operate with even greater flexibility and choices than ever before. HPE’s expanding relationship with Pensando Systems stems from our shared understanding of enterprises and the cloud. We are proud to announce our investment and solution partnership with Pensando and will continue to drive solutions that anticipate our customers’ needs together.”
Netflix revs up growth as streaming TV war looms
ETtech Top 5: Funding deluge hurting enterprises, Cars24 lands new funds & more
MyGate, a Bangalore-based startup with a security and community management app for gated communities, raises $56M Series B from Tencent, Tiger Global, others (Manish Singh/TechCrunch)
Manish Singh / TechCrunch:
MyGate, a Bangalore-based startup with a security and community management app for gated communities, raises $56M Series B from Tencent, Tiger Global, others — MyGate, a Bangalore-based startup that offers security management and convenience service for guard-gated premises …
TCS arm sets up AI centre for real time monitoring of exams
Google's latest Pixel phone won’t come to India
Rocket Lab successfully launches fifth Electron rocket this year
Rocket Lab has added another successful commercial launch to its track record: The rocket startup’s ‘As The Crow Flies’ mission took off today from its LC-1 launch site in New Zealand as planned. The rocket took off at 9:22 PM ET (6:22 PM PT), during its second launch opportunity of the day after the first window was pushed due to high altitude winds.
This is the ninth Electron launch for the company thus far, and the eighth mission for a commercial customer (the first was a test mission in 2017) since it began ferrying payloads for paying clients in 2018. Today’s launch carried a satellite called ‘Palisade’ for client Astro Digital, which is a technology demonstrator that will test the company’s next-generation geocommunications satellite design.
This mission was a late-stage substitute, swapping in for another Rocket Lab client who had to delay their own launch. Rocket Lab founder and CEO Peter Beck told TechCrunch that “Electron is a launch on demand service — we’re ready when the launch customer is,” highlighting the flexibility of the launch service they offer to adapt to the needs of their customers.
After successful launch and kick stage separation, the Astro Digital satellite now awaits its final deployment into its target orbit, which should happen in the next few hours. We’ll update with the results of that maneuver.
IBM reports Q3 revenue of $18B, down 3.9% YoY, the fifth consecutive down quarter; Red Hat sales of $371M, included for the first time, did not stop the decline (Olivia Carville/Bloomberg)
Olivia Carville / Bloomberg:
IBM reports Q3 revenue of $18B, down 3.9% YoY, the fifth consecutive down quarter; Red Hat sales of $371M, included for the first time, did not stop the decline — - Third-quarter revenue fell 3.9% in fifth period of decline — Red Hat included in results for first time since 2018 purchase
Cars24 has closed $100M Series D funding from new & existing investors
Watch Rocket Lab’s next Electron rocket launch live
Rocket Lab is launching its ninth Electron rocket today, with the launch set for 00:41 UTC (8:41 ET/5:41 PT). The mission, called “As The Crow Flies,” will be taking off from the company’s LC-1 launchpad in New Zealand, carrying a payload from Astro Digital to orbit.
The launch was actually supposed to take a different spacecraft up to low Earth Orbit, but the payload was swapped late last month – an unusual move for a rocket launch, and one that Rocket Lab is using to demonstrate the flexibility of its commercial service model. Rocket Lab’s other customer had a delay, and Astro Digital was ready to send up one of its ‘Corvus’ imaging satellites, so it got to move up the timing of its launch as a result.
Rocket Lab is currently on track to launch as planned, and the launch stream for the mission will be live above starting at around 20 minutes out from the T-0 launch window.
Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)
Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...
