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WHTop → 📋 News → Former Zayo Execs Vero Secures $240M to Expand U.S. Network
Former Zayo Execs Vero Secures $240M to Expand U.S. Network
📅 - U.S.fiber infrastructure provider Vero, a company serving wholesale, carrier, technology, education, and retail Internet clients, has announced an expansion of its credit facility to $240 million in committed capital. The financing includes an option to increase the total capacity to $310 million, supporting the companys continued investment in dark fiber network solutions.
The deal, negotiated by Hancock Whitney Bank, UMB Bank, and Texas Capital Bank, with CIBC as the Documentation Agent, would enable Vero to further its mission of enhancing digital connectivity in underserved U.S. markets.
Since its founding in 2017 by former Zayo Group executives, including co-founder and COO Matt [...][... Check source for end of article ...]
📅 - EnCharge AI Raises $100M for Energy-Efficient Edge AI Chips - EnCharge AI, a company pioneering analog in-memory computing AI chips, has announced the successful closure of its Series B funding round, raising over $100 million. This latest investment brings the company's total funding to more than $144 million and will accelerate the commercialization of its AI accelerator solutions in 2025 while advancing its broader product roadmap.
AI inference computing currently relies on large clusters of energy-intensive processors in cloud data centers. This approach is increasingly unsustainable both environmentally and economically. EnCharge AI seeks to redefine this paradigm by shifting AI inference from centralized cloud environments to edge and client [...]
📅 - Check Point and Wiz Partner for Comprehensive Cloud Security - Through extensive technological integration and a strategic commercial partnership, this partnership would close the long-standing gap between cloud network security and Cloud Native Application Protection (CNAPP) and provides an industry-leading, comprehensive security solution.
According to Check Point CEO Nadav Zafrir, "this partnership between the parties was formalized in order to create a new security paradigm - combining Check Point's expertise in cloud network security with Wiz's CNAPP leadership to deliver comprehensive protection across hybrid mesh environments. By working together, we are revolutionizing risk management in organizations and empowering teams to work together [...]
According to Georg Svendsen, CTO of Telia Norway, "international companies are increasingly viewing Norway as a highly desirable destination for constructing data centers, as we have an advantageous combination of affordable energy and favorable climate conditions." "Ciena's WaveLogic 6 technology milestone demonstrates our ability to create a more resilient and scalable network that can meet increasing bandwidth demands and support Norway's digital advancement."
📅 - Alibaba Cloud Opens Second Thailand Data Center for AI and Cloud Services - Alibaba Cloud has launched its second data center in Thailand. The expansion is aimed at meeting the rising demand for cloud computing services, particularly for generative AI applications, while also supporting the Thai governments digital transformation initiatives and sustainability goals.
With the addition of this facility, Alibaba Cloud continues to strengthen its foothold in Southeast Asia, offering businesses enhanced cloud computing solutions. The company now operates 86 availability zones across 28 regions globally, reaffirming its position as a major cloud service provider in the region. Alibaba Cloud previously launched its first data center in Thailand in 2022.
The new data [...]
📅 - Vertiv Unveils Data Center Liquid Cooling Services Globally - Vertiv has introduced a global expansion of itsVertivLiquid Cooling Services, providing data center operators with enhanced tools to optimize system uptime, improve efficiency, and manage the growing complexities of liquid cooling technologies. The newly launched services aim to support the increasing demand forhigh-performance computing (HPC)and AI-driven workloads, which are pushing rack densities to unprecedented levels.
After refining its liquid cooling service capabilities with early adopters, Vertiv has now scaled these offerings globally, bringing a mature, field-tested strategy to data center operators worldwide. This development comes as AI-driven applications continue to reshape [...]
📅 - Nozomi Networks welcomes Schneider Electric to its MSSP Elite Partner Program - Schneider Electric's increased MSS capabilities now include OT and IoT visibility, network monitoring, threat detection, and risk management, which are based on Nozomi Networks advanced solutions. Customers may benefit from packaged services like Nozomi Networks Vantage, Guardian, Threat Intelligence, and Arc, which enable for flexible security in both on-premises and hybrid-cloud settings, paired with Schneider Electric's best-in-class MSS capabilities, including: Asset Visibility and Vulnerability ManagementThreat Monitoring and Incident ResponseManage security controls and mitigate risks. "With Nozomi Networks solutions embedded in our MSS platform, Schneider Electric can help customers [...]