pgEdge unveils distributed edge database using PostgreSQL, secures $9M in seed financing
pgEdge Incorporation has launched a distributed edge database system based on the open-source PostgreSQL database that is optimized for applications…
M&A & Investment
Reporting on mergers, acquisitions, funding rounds and major investment activity across digital infrastructure markets. Coverage tracks private equity, venture capital, strategic acquisitions and consolidation among data center operators, AI infrastructure providers, telecom networks and related technology companies.
Mythic secures $13M for edge AI chip; Lockheed Martin Ventures among investors
Mythic, an processor for edge AI systems, has raised $13 million in a recent round of funding to support the…
Hailo launches a new vision processor unit for smart cameras at the edge
The new Hailo-15 processor can deliver up to 20 TOPS. Source: Hailo Hailo, a company that makes chips for artificial…
Lightbend honored by Frost & Sullivan for innovative managed PaaS solution
Frost & Sullivan has recognized Lightbend with the 2022 North American Serverless Computing Company of the Year Award for developing…
Zadara acquires Brazilian tech firm ZVS to expand Latin American presence
Zadara, a provider of edge cloud services, has acquired Brazilian technology provider and ZVS to expand its presence in Latin…
Startup Noze receives $1M to combine edge sensor tech and AI to create diagnostics breathalyzer
Noze, a Canadian artificial intelligence startup, was given a $1 million grant from the Bill & Melinda Gates Foundation to…
5G Open Innovation Lab continues expansion with e& Group and 14 startups
5G Open Innovation Lab (5G OI Lab) has announced that e&, an international telecommunications company, has joined the Lab’s innovation…
Akamai to purchase Ondat to strengthen its edge cloud computing offerings
Akamai plans to acquire Ondat, a company specializing in cloud-native storage systems, to improve its Cloud Connected distributed platform. The…
Edgeless Systems gets $5M to develop its secure Kubernetes platform
Edgeless Systems has secured $5.3 million in seed round funding with SquareOne as the lead investor. Other participants included angel…
HPE to acquire Axis Security to enhance its edge-to-cloud security
HPE has announced the acquisition of Axis Security, a cloud security provider, to enhance its Aruba SASE solution by incorporating…
