Egress raises USD 40 meg to advance cybersecurity art

IT security provider Egress have raised USD 40 million in a Series C round led by FTV Capital. With this investment, Egress seek to secure sensitive business data and reduce the risk of data loss due to exposure to unprotected environments.

According to Egress, organizations fall prey to at least one social engineering attack per year. They say these attacks affect the organization's IT environment, compromising the over all security of their business data.

By raising USD 40 million in Series C round of funding, Egress claim that they will be boosting their cybersecurity prowess and allow enterprises to protect critical data and avoid data loss due to exposure to malignant items. They further added that businesses can mitigate risks by wrapping anti-virus shield around their environments.

Egress say that this investment will enable enterprises with a full suite of data-shielding services including email, document classification, accidental send prevention, and email and file protection. They believe that their risk-based approach helps users to avoid potential mistakes like sending information to the wrong recipients, to provide security administrators with insights into behavioral anomalies.

Explaining the monitoring process of their cybersecurity products, Egress say that their Secure Vault product analyzes messages and lets admins drill down dates, users, metadata and weak data links. They claim that since Egress are expanding into the next phase of growth, they will be working on bettering the features and benefits provided by their products in various markets.

Looks like the cybersecurity market is booming with investments across the globe. It will be interesting to see how Egress make the most of this deal, following Avanan's USD 25 million Series A funding.

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DigitalOcean unveils managed Kubernetes work for enterprises

Cloud provider DigitalOcean have launched managed Kubernetes services for web developers and enterprises in a bid to simplify container orchestration. With this launch, DigitalOcean will manage the Kubernetes control panel on behalf of the developer at no additional costs.

According to DigitalOcean, enterprises are deploying container systems with an aim to accelerate application orchestration and maintenance. They say that Kubernetes, being one of the most deployed container systems because of its benefits, allows developers and enterprises to get their applications in the market as soon as possible.

However, DigitalOcean claim that a large part of the web professional and SMB community felt that deployment and management of Kubernetes is difficult. In order to simplify the same, DigitalOcean unveiled managed Kubernetes services for these segments with no additional costs.

DigitalOcean say that to deploy their managed Kubernetes services, enterprises and developers can define the size and location of their worker nodes before running the container clusters. Explaining the benefits provided by the managed services, DigitalOcean explained that they will facilitate:

1. Fully configured worker nodes,
2. Seamless integration with block storage and worker node protection with firewalls,
3. Integration with load balancers, and
4. Continuous integration and streamlining of the application development process

It will be interesting to see how the cloud provider makes the most of this launch, following their alliance with Snyk to tackle open source vulnerabilities.

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Adtech cybersecurity business firm Devcon raises USD 4.5 meg in participant financial backing

Devcon have rasied USD 4.5 million in seed funding to prevent cyber attacks planned by hackers that use adtech as a catalyst. With this investment, Devcon seeks to eliminate anomalies and nefarious items that make their way through adtech applications into the organization's system.

According to Devcon, most existing solutions focus on things like verifying ad quality as well as impressions for ad bots. They say that these ad tech solutions are not fully equipped when it comes to stopping attacks or detecting malicious items.

By investing USD 4.5 million, Devcon say that they will be boosting their adtech cybersecurity platform's ability to block malicious ads like pop-ups, redirects or unauthorized tags on an individual basis. They believe that this will help customers view individually blocked ads and track their source.

Maggie Louie, CEO at Devcon believes that some of the 'adtech' cyber attacks are potential threats to organizations and stopping them at a source level could be tricky. She also argued that this is a challenging space for adtech networks and publishers due to a lack of crossover between cybersecurity and ad ops.

Devcon say that a white-hat hacking approach has allowed them to counter attacks and stay ahead of the potential cyber risks that can occur in the adtech space. They also believe that with time, there will be enough resources that will help organizations combat cyber risks in adtech.

It will be interesting to see how Devcon makes the most of this investment in cybersecurity, following the USD 7 million investment in Alcide by CE ventures.

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Serbia’s .RS ccTLD adds 13 languages

The Serbian National Internet Domain Registry (RNIDS) have announced that the .RS ccTLD has included 13 languages. With this addition, RNIDS say that the ccTLD is now a part of a global community of internationalized domains (IDNs) and will allow business and individuals from different countries to register for the domain.

According to RNIDS, the emergence of new businesses and growing digital awareness among industries in Serbia has led to an increase in the number of enterprises choosing the .RS ccTLD. In addition to this, they say that enterprises across Europe who do business with Serbians are also increasing because of simplified trade policies and business relations.

However, RNIDS claim that business from other European countries find it difficult to carry out transactions in the Serbian language. They also say that most of these countries are non-English speaking nations and prefer doing transactions in the local language.

By adding 13 languages to the .RS ccTLD, RNIDS claim that they will ease the communication and accelerate transactions done between them and other European countries. In a bid to facilitate the same, RNIDS claim that they have made characters in Albanian, Bosnian, Croatian, Czech, German, Hungarian, Montenegrin, Romanian, Romany, Slovak, Slovene and Vlach languages available to the registrants of .RS domain.

RNIDS explained that during the initial registration period, only the registrants of the existing .RS domains will be allowed to register IDNs. They further added that registrants will be able to register new IDN .RS domains which have a corresponding, previously unavailable IDN character in place of ASCII characters. for e.g. "č" or "ć" instead of "c", "š" instead of "s" etc.

It will be interesting to see how the registrants in Europe react to the .RS domain, especially after .CZ domain crossed 1.5 million registrants.

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AWS buys USD 9.2 one thousand thousand deserving of realty in Kingdom of Sweden to form accounting data centers

Cloud giant AWS has purchased land worth USD 9.2 million in Sweden to build more data centers in the future. With this investment, AWS aim to support the existing cloud region in Stockholm that serves large enterprises like IKEA, Nokia, Scania and Telenor.

According to AWS, the dependencies of European enterprises on cloud technology is on the rise when it comes to storing critical business data. They say that these enterprises leverage data center services that provide them low-latency and high bandwidth services.

By acquiring land worth USD 9.2 million in Sweden, AWS say that they will continue providing data center services to large enterprises by leveraging the cloud region that they built in the country. They claim that this region will be fortified, once the new data centers are built with state-of-the-art facility.

AWS claim that to bring their vision in Sweden to fruition, they have purchased 2,260,421 sq.ft of land for USD 5.8 million in Katrineholm, and an additional 1,323,960 sq.ft of land for USD 3.4 million in Eskilstuna. They further added that they will commence building the first data center in January next year.

Andy Jassy, CEO of AWS claims that Stolkholm as a country enables Swedish and other Nordic nations with local latency and data sovereignty requirements. He believes that with rapid digitization and deployment of cloud, the market in Nordic countries will soon cross USD 2.24 billion by 2025.

It will be interesting to see how AWS makes the most of this land acquisition in Sweden, following the acquisition of the .SE ccTLD.

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HCL Technologies partners with Cloudify for SDN networks

IT giant HCL Technologies have partnered with Cloudify to create dedicated SDN (Software Defined Network) connections. With this alliance, HCL aims to allow telecom providers to provide customized services, in a bid to maximize their investment in 5G networks.

According to HCL, telecom providers are facing a growing need to transform themselves digitally so as to keep up with market demands. They say that to meet these requirements, telcos are going through a transition from physical infrastructure to virtual components by shifting to cloud network functions.

By partnering with Cloudify, HCL claim that they will be utilizing the cloud provider's platform for a new solution that will enable the latter to facilitate custom-made services for clients. They further added that this alliance will aid telecom providers reach their fullest potential while deploying IoT applications and services.

Sukamal Banerjee, Corporate Vice President at IoT WoRKS, HCL Techologies believes that the alliance will pave the way for the IT giant across the entire telecom ecosystem and position them at the fore when it comes to IoT services. He claims that HCL have made IoT as one of their important missions in their goals for the coming year, to compete with international players.

Cloudify agree with Mr.Banerjee's statement and say that integrating all the new and existing technologies could be painstaking for telecom players. They opine that the demand for faster connectivity is the only reason enterprises are accepting this change and are further investing in products and services.

It will be interesting to see how HCL leverage their alliance with Cloudify, following their acquisition of eight IBM software products for USD 1.8 billion last week.

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DigitalOcean unveils managed Kubernetes work for enterprises

Cloud provider DigitalOcean have launched managed Kubernetes services for web developers and enterprises in a bid to simplify container orchestration. With this launch, DigitalOcean will manage the Kubernetes control panel on behalf of the developer at no additional costs.

According to DigitalOcean, enterprises are deploying container systems with an aim to accelerate application orchestration and maintenance. They say that Kubernetes, being one of the most deployed container systems because of its benefits, allows developers and enterprises to get their applications in the market as soon as possible.

However, DigitalOcean claim that a large part of the web professional and SMB community felt that deployment and management of Kubernetes is difficult. In order to simplify the same, DigitalOcean unveiled managed Kubernetes services for these segments with no additional costs.

DigitalOcean say that to deploy their managed Kubernetes services, enterprises and developers can define the size and location of their worker nodes before running the container clusters. Explaining the benefits provided by the managed services, DigitalOcean explained that they will facilitate:

1. Fully configured worker nodes,
2. Seamless integration with block storage and worker node protection with firewalls,
3. Integration with load balancers, and
4. Continuous integration and streamlining of the application development process

It will be interesting to see how the cloud provider makes the most of this launch, following their alliance with Snyk to tackle open source vulnerabilities.

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Egress raises USD 40 meg to advance cybersecurity art

IT security provider Egress have raised USD 40 million in a Series C round led by FTV Capital. With this investment, Egress seek to secure sensitive business data and reduce the risk of data loss due to exposure to unprotected environments.

According to Egress, organizations fall prey to at least one social engineering attack per year. They say these attacks affect the organization's IT environment, compromising the over all security of their business data.

By raising USD 40 million in Series C round of funding, Egress claim that they will be boosting their cybersecurity prowess and allow enterprises to protect critical data and avoid data loss due to exposure to malignant items. They further added that businesses can mitigate risks by wrapping anti-virus shield around their environments.

Egress say that this investment will enable enterprises with a full suite of data-shielding services including email, document classification, accidental send prevention, and email and file protection. They believe that their risk-based approach helps users to avoid potential mistakes like sending information to the wrong recipients, to provide security administrators with insights into behavioral anomalies.

Explaining the monitoring process of their cybersecurity products, Egress say that their Secure Vault product analyzes messages and lets admins drill down dates, users, metadata and weak data links. They claim that since Egress are expanding into the next phase of growth, they will be working on bettering the features and benefits provided by their products in various markets.

Looks like the cybersecurity market is booming with investments across the globe. It will be interesting to see how Egress make the most of this deal, following Avanan's USD 25 million Series A funding.

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NTT Communications to take on bet in Transatel and advance mien in the IoT securities industry

Chinese telecom giant NTT's SBU NTT Communications is all set to acquire an equity stake in Transtel to boost their presence in the IoT market, which is touted to reach USD 1.1 trillion by 2021. With this move, NTT seeks to unleash business opportunities, enabling enterprises to connect, manage and monetize their IoT services.

According to NTT Communications, the development of connected cars, industrial, consumer IoT and smart cities will bring major changes in many sectors. They claim that this change needs to be supported by infrastructure that will allow enterprises and customers leveraging 5G to utilize IoT efficiently.

By acquiring a stake in Transatel, NTT believe that they will be able to access the former's IoT capabilities and their reach across the global market. They claim that NTT will be able to extend their global IoT solution, network infrastructure, data center, cloud and IoT platforms to provide a unique offering to the market.

Shuichi Sasakura, Senior Vice President and Head of Network Services of NTT Comm. believes that Transatel's engineering expertise in the IoT connectivity space will bolster NTT's existing global reach and position them as a go-to-provider for cloud and IoT platforms.

Complementing Sasakura, Transatel say that they have reached that stage in business wherein they can scale their operational capacities beyond APAC markets. They say that by expanding in European countries and building their brand successfully, Transatel-NTT combination will provide a wide suite of products and services.

It will be interesting to see how NTT make the most of this investment, following their alliance with Trend Micro for 5G security.

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AWS buys USD 9.2 one thousand thousand deserving of realty in Kingdom of Sweden to form accounting data centers

Cloud giant AWS has purchased land worth USD 9.2 million in Sweden to build more data centers in the future. With this investment, AWS aim to support the existing cloud region in Stockholm that serves large enterprises like IKEA, Nokia, Scania and Telenor.

According to AWS, the dependencies of European enterprises on cloud technology is on the rise when it comes to storing critical business data. They say that these enterprises leverage data center services that provide them low-latency and high bandwidth services.

By acquiring land worth USD 9.2 million in Sweden, AWS say that they will continue providing data center services to large enterprises by leveraging the cloud region that they built in the country. They claim that this region will be fortified, once the new data centers are built with state-of-the-art facility.

AWS claim that to bring their vision in Sweden to fruition, they have purchased 2,260,421 sq.ft of land for USD 5.8 million in Katrineholm, and an additional 1,323,960 sq.ft of land for USD 3.4 million in Eskilstuna. They further added that they will commence building the first data center in January next year.

Andy Jassy, CEO of AWS claims that Stolkholm as a country enables Swedish and other Nordic nations with local latency and data sovereignty requirements. He believes that with rapid digitization and deployment of cloud, the market in Nordic countries will soon cross USD 2.24 billion by 2025.

It will be interesting to see how AWS makes the most of this land acquisition in Sweden, following the acquisition of the .SE ccTLD.

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Headlines that grabbed babysitting on WebHosting.Info this time period

Govt. of Brazil, ACTO unhappy with ICANN over Amazon gTLDs

ICANN finds itself in a diplomatic crisis after South American governments and ACTO disapprove of the .AMAZON gTLD given to retail and cloud giant Amazon.

• Government authorities claim they have sole right over the geographic string of Amazon
• ICANN are trying to figure out a way to comply with the IRP (Independent Review Process) and at the same time appease with GAC and ACTO countries
• Despite Amazon's efforts, ACTO have cooled the situation by putting it on standby

Israeli cloud security company Avanan raises USD 25 million

The investment seeks to boost the deployers of traditional and hybrid cloud environments with security services to combat cyber risks.

• Avanan say that users will be able to choose their preferred security technology on the back of a system it uses in the cloud
• The cloud security company will not only deploy a faster environments for customers but also secure the same with minimum add-ons

Adtech cybersecurity firm Devcon raises USD 4.5 million in seed funding

The investment seeks to prevent attempts made by hackers that use adtech as a catalyst to attack enterprises and organizations.

• Devcon say that they will be boosting their adtech cybersecurity platform's ability to block malicious ads like pop-ups, redirects or unauthorized tags on an individual basis
• Thesecurity firm claims that a white-hat hacking approach has allowed them to counter attacks and stay ahead of the potential cyber risks that can occur in the adtech space

Nokia partners with Telenor to deploy cloud solution 'AirGile' for mobile networks

The partnership aims to transform mobile network for Scandinavian countries by leveraging Nokia's 'AirFrame' data center and 'Cloud Packet Core'.

• Telenor say that the alliance will facilitate quick deployment of virtualized network functions across cloud-based networks
• Nokia believe that they will provide their expert services and use their Cloud Collaboration Hubs to optimize the deployment and support network operations across Europe

The domain, security and cloud industry has been buzzing with alliances, fundings and regulations as you can see. It will be interesting to see how these events develop over time.

These were some of the main events over the last week. We hope that you have enjoyed reading the same. To read more, you can go through Untangle's alliance with Malwarebytes to offer simplified cybersecurity solutions for SMBs.

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Cologix acquires Montreal-based accounting data auditory center troupe COLO-D

Cologix have announced the acquisition of data center provider COLO-D's Montreal campus in the North American region. With this acquisition, Cologix seek to broaden their data center connectivity across the American market.

According to Cologix, a large number of enterprises in North America store their business' critical data on premise as well as on the cloud. They claim that these enterprises need more than just a point-of-contact that can aid their IT infrastructure in a way that helps them scale easily.

By acquiring COLO-D, Cologix claim that they have added the former's 7 hubs in Montreal along with 50 MW of data center of capacity. They say that since Montreal is well connected to small and large enterprises in North America, COLO-D's hubs will provide a strategic advantage to Cologix.

Cologix say that this acquisition will not only provide customers with hybrid solutions but will also fortify their position in the market as a go-to-data center-provider. They say that Cologix will invest another USD 500 million to furnish the acquired assets with state-of-the-art-technology.

Patrick David, President and CEO at COLO-D, stated that the decision to acquire COLO-D was strategic and long-term in nature, given the city's connectivity network, rising economy and demand for hybrid services. He believes that this acquisition will boost both COLO-D's and Cologix's position in the data center market.

Neither companies have disclosed the financial terms of the deal. It will be interesting to see how Cologix takes this further, following their expansion of assets in Columbia.

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AVANT partners with Logicworks to throw out conceal migration

IT solutions provider AVANT Communications have entered into a strategic alliance with Logicworks to deliver cloud migration solutions. As per the terms of the partnership deal, Logicworks will be leveraging AVANT's channel prowess to provide cloud operations and optimization services in a bid to expand gloablly.

According to Logicworks, enterprises that deploy cloud technology need guidance with respect to migration, optimization and over all operations. They say that it is this expertise that helps them reduce costs by avoiding multiple vendors at the same time, preventing situations such as vendor lock-in.

By joining hands with AVANT, Logicworks say that they will be able to leverage multiple channels and build a global brand that provides cloud services. They claim that Logicworks will be able to diversify their offerings by gaining entry into various sectors such as healthcare, entertainment, media, finance etc.

Drew Lydecker, President and co-founder of AVANT, believes that they will combine their agent channel prowess with a global network to scale Logicwork's cloud services. He further added that Logicwork's unique combination of maturity and innovation will help both companies scale securely, gain efficiencies and help met customers' compliance needs.

Logicworks are excited with this partnership deal and are looking forward to working with the team at AVANT. They say that the growing adoption of AWS and Azure has allowed enterprises to leverage cloud and cut costs as much as possible.

It will be interesting to see how AVANT and Logicworks make the most of this deal, following AVANT's partnership with Acronis for MS Office 365.

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