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Hewlett Packard Pathfinder expands investment program with new edge-to-cloud strategy

Categories Edge Computing News  |  Edge Startups  |  Funding
Hewlett Packard Pathfinder expands investment program with new edge-to-cloud strategy

Hewlett Packard Enterprise (HPE) announced an expansion of its venture capital program, dubbed Pathfinder, which invests in category-leading start-ups and then integrates their technologies within the HPE product portfolio. The new strategy will focus on accelerating the company’s edge-to-cloud efforts.

As part of the strategy, HPE has said it has already invested in three companies: vFunction, Cellwize, and SingleStore respectively.

Headquartered in Palo Alto, CA, vFunction has created a platform for developers that automatically transforms complex monolithic Java applications into microservices, thus optimizing their cloud benefits.

Following the Pathfinder investment, vFunction will accelerate application modernization initiatives further, as well as explore new collaborations via the HPE GreenLake edge-to-cloud platform ecosystem.

CellWize, on the other hand, is a wireless access network automation (RAN) platform focusing on enabling telecom companies to accelerate the deployment of 5G networks. The CellWize solution will now be integrated within HPE Communications Technology Group’s offering.

Finally, Singlestore is a single database that brings together data models and data types to provide low latency, consistent queries, and processing for data-intensive workloads in hybrid, on-site, and cloud environments.

Hewlett Packard will reportedly consider introducing SingleStore to its HPE Ezmeral Marketplace.

“Pathfinder is a critical component of HPE’s ‘Buy-Build-Partner’ innovation strategy and has a strong track record of informing our strategy while delivering top-quartile industry returns,” commented the company’s SVP and Chief Strategy Officer Hang Tan.

“The strength of the portfolio reflects alignment with our strategy, HPE’s market leadership position, and the IT challenges we solve for our customers.”

HPE’s investment news comes as the third quarter of 2021 has seen several other venture capital investments in edge computing firms, including Pratexo in July, and Axelera AI in September.

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