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WHTop → 📋 News → Redpanda Raises $100M to Power Real-Time Enterprise AI
Apr, 2025 : Redpanda Raises $100M to Power Real-Time Enterprise AI
📅 - Redpanda, a company specializing in high-performance data streaming infrastructure, has raised $100 million in a Series D funding round led by GV (formerly Google Ventures), with participation from Lightspeed Venture Partners. Redpandas latest funding round brings total investment to $265 million, boosting its valuation to $1 billion as it gears up to scale in the fast-growing enterprise AI sector.
The latest funding will support Redpandas strategic expansion and the development of its newly launched agentic data platform, designed specifically for real-time, AI-driven enterprise applications. As large language models (LLMs) and AI agents become foundational to enterprise operations, [...][... Check source for end of article ...]
📅 - 67% of Businesses Lose Revenue Due to Poor Website Performance - A new report from hosting provider Liquid Web underscores the significant financial and reputational risks businesses face due to unreliable website performance. The study, titled The Impact of Downtime on Businesses, draws attention to the consequences of slow load times, outages, and subpar hosting infrastructure in an increasingly digital-first economy.
The findings show that 67% of surveyed companies reported direct revenue loss as a result of poor website performance. In an era where websites are critical tools for lead generation, customer engagement, and sales, even brief disruptions can have immediate and lasting consequences. A quarter of respondents said they believed website [...]
📅 - PhoenixNAP Boosts Global Cloud with HPE and Intel Xeon 6 Tech - PhoenixNAP, a global provider of Infrastructure as a Service (IaaS), is enhancing its cloud service capabilities through a strategic deployment of Hewlett Packard Enterprises (HPE) new modular server systems. The company is integrating HPEs ProLiant Compute DL320 Gen12 servers, equipped with the latest Intel Xeon 6700 series processors, to support its expanding multi-tenant data center footprint and meet evolving enterprise demands.
This move represents a shift from traditional monolithic server infrastructure toward a more modular, scalable, and pluggable architecture in line with the Open Compute Projects Data Center Modular Hardware System (DC-MHS) standards. The adoption allows [...]
📅 - Hosted.com Deploys LiteSpeed Server Technology Across Web Hosting Platform - Thanks to its event-driven architecture, LiteSpeed Web Server technology differs fundamentally from traditional web servers, such as Apache, which use process-based models to handle each new request. Their architecture enables the server to handle multiple connections with fewer processes, using less resources and overhead.
This allows for faster content delivery because the server skips the overhead of creating new processes every time, leaving more memory available for handling databases and applications.
According to tests, LiteSpeed can process requests up to 2-5 times faster than traditional web servers, such as Nginx and Apache, resulting in consistently low CPU and memory usage, [...]
📅 - GCX Rebrands as FLAG to Drive Subsea Fiber Expansion - Global Cloud Xchange (GCX), operator of subsea cable systems and data centers, has officially rebranded as FLAG in a strategic move aimed at driving the companys next phase of global growth. The rebranding would reflect FLAGs renewed focus on expanding its subsea fiber infrastructure and meeting evolving customer and market demands across an increasingly interconnected digital landscape.
With one of the worlds largest privately owned subsea fiber networks, FLAG is positioning itself to play a more prominent role in the global telecommunications ecosystem. The company aims to accelerate investments in new infrastructure and strategic partnerships to support the growing need for [...]
📅 - Voltage Park Acquires TensorDock to Expand GPU Cloud Services - Voltage Park, a provider of scalable GPU-as-a-service (GPUaaS) solutions, has announced the acquisition of TensorDock, a fast-growing GPU cloud marketplace. The move is part of Voltage Parks strategic effort to expand its AI infrastructure footprint and deliver more accessible and flexible computing power to developers, researchers, and enterprises in the artificial intelligence sector.
The acquisition aligns with Voltage Parks mission to democratize access to high-performance AI infrastructure. By integrating TensorDocks marketplace into its offerings, Voltage Park aims to deliver a broader and more cost-effective range of GPU solutions. The expanded platform will now cater to users [...]
📅 - Legrand Acquires Computer Room Solutions (CRS) in Australia - Legrand, a global specialist in electrical and digital building infrastructures, has announced its acquisition of Computer Room Solutions (CRS), marking another step in its ongoing bolt-on acquisition strategy. The move is aimed at strengtheningLegrands footprint in the high-growth data center market, particularly in the Oceania region.
With its headquarters in Mascot, Sydney, CRS is a well-known supplier of mission-critical infrastructure solutions for high-density IT settings, including data centers. About 80 specialists work for the organization, which generates about 30 million in sales annually. CRS offers highly designed solutions that meet the changing demands of business, cloud, [...]
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