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Cisco Buys Sedona Systems ‘for $100M’ to Expand Optical Networking Portfolio

Cisco has acquired Sedona Systems, a start-up from Israel who’s NetFusion Platform automatically discovers, aggregates, and analyzes network data from multiple online systems as well as optical and IP sources. Although financial details of this acquisition were not officially disclosed, the deal would be estimated at $100 million.

Study: Web Hosting Market Projected to Reach $183.05 Billion by 2027

The global web hosting services industry was pegged at $57.46 billion in 2019, and is projected to reach $183.05 billion by 2027, manifesting a CAGR of 15.2% from 2020 to 2027, according to a new report published by Allied Market Research (AMR).

StorageOS Rolls Out Version 2.4 Of Its Kubernetes Storage Platform

StorageOS has announced the availability of version 2.4 of its persistent container storage platform, providing a range of new enhancements, anticipating market trends, and letting users to adhere to the strict requirements emerging in the cloud native persistent storage ecosystem.

HostPapa Invests $1.1M in Managed WordPress Hosting Platform,, a Managed WordPress Hosting Platform, has accepted an invitation to be part of HostPapa’s exclusive accelerator program. As part of the program, has also secured $1.1 million in financing from the Canada-based cloud services provider.

Mythic Raises $70M in Series C Funding Led by BlackRock and HPE

Pioneering analog AI processor company, Mythic, has raised $70 million in Series C funding led by BlackRock and Hewlett Packard Enterprise (HPE). Mythic will use the new funding to accelerate plans for mass production of its “groundbreaking” AI inference solutions and increase support for the company’s growing customer base, which spans across APAC, Europe and the U.S.

Cloud Security Platform CloudKnox Joins AWS ISV Accelerate Program

CloudKnox Security, a permissions management platform provider for hybrid and multi-cloud environments, is joining the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Program. The AWS ISV Accelerate Program is a co-sell program for AWS Partners who provide software solutions that run on or integrate with AWS.

Juniper Networks Offers SASE Application with Security Director Cloud

Juniper Networks has stated that the company is going to continue its investment in the Secure Access Service Edge (SASE) market with the unveiling of Juniper Security Director Cloud, a cloud-based portal dedicated to distributing security and connectivity services to users, sites, and applications.

Cloud Backup Firm Veeam Reports 25% YoY Growth in First Quarter of 2021

Veeam, a global data protection provider for cloud, virtual, SaaS, Kubernetes and physical workloads, has announced another quarter of double-digit growth with an annual recurring revenue (ARR) increase of 25% year-over-year (YoY) for the first quarter of 2021.

The Linux Foundation, NGMN Alliance Collaborate on End-to-End 5G Architecture

The Linux Foundation and the Next Generation Mobile Network Alliance (NGMN) have signed a Memorandum of Understanding (MoU) for formal collaboration regarding end-to-end 5G architecture and beyond 5G.

Scality Reveals ARTESCA: Lightweight Object Storage for Kubernetes

Scality has rolled out ARTESCA, a lightweight, enterprise-grade, cloud-native object storage solution specially crafted for the requirements of the Kubernetes era. Scality’s technology approach would provide the speed and reliability needed by emerging workloads.

OCP-Ready Kubernetes Cloud Platform Selects Kao Data’s Colocation Facility

Wholesale colocation data center provider Kao Data has welcomed a new customer in Civo, a developer-first cloud platform based on K3s Kubernetes technology. The colocation agreement will enable Civo to deploy its OCP-Ready systems in Kao Data’s data center in the London area and launch its UK cloud region. It is Kao Data’s first OCP-Ready customer for its OCP-Ready facility in London.