February 29, 2024

News Flashes

Flexera Acquires Snow Software, Empowering Customers to Manage Spend and Reduce Risk in Their Hybrid IT Environments

Flexera announced that it has completed the acquisition of Snow Software, giving customers the ability to derive more value from their technology investments with unprecedented visibility into their hybrid IT estate.

Synadia Raises $25M in Series B Funding, Driving Edge Computing and Multi-Cloud Innovation

Synadia Communications, Inc., creator and maintainer of NATS.io (NATS), announced it has closed a $25 million Series B financing round, further validating the company's holistic approach to solving the increasingly complex and pervasive challenges of distributed computing, which is driving rapid growth in edge computing investments.

Hammerspace Debuts New Architecture Category for Meeting AI and ML Compute Needs at Scale

Hammerspace, the company orchestrating the Next Data Cycle, is debuting Hyperscale NAS, a new, high-performance NAS architecture designed to handle today's most advanced compute environments—including AI, machine learning (ML), and deep learning (DL) projects. This latest category of storage architecture aims to deliver the speed and performance necessary to train AI models at scale and power GPU clusters of any size.

Prosimo Introduces Solution to Integrate AI into Cloud Networking

Prosimo, a provider of multi-cloud networking software, is releasing an AI Suite for Multi-Cloud Networking, empowering teams to bring AI workloads to market faster and supercharging AI readiness. Prosimo AI Suite for Multi-Cloud Networking is a full-stack, cloud-native platform that understands connectivity needs across L3 to L7 and enables enterprises to take advantage of cloud-native connectivity designed for AI, according to the company.