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Versa raises $120M for its software-defined networking and security stack

TechCrunch

And Gartner estimates spending on information security and risk management will total $172 billion in 2022, up from $155 billion in 2021 and $137 billion the year prior. Kelly Ahuja, a Cisco alum, was tapped as Versa’s CEO in 2016. It helps these vendors have customers — or at least potential customers — in droves.

Network 77
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Real-time database startup Imply reaches unicorn status with $100M infusion

TechCrunch

Yang was an R&D engineer at Cisco focusing on optimization algorithms for networking, while Merlino was a server software developer at Yahoo! Gartner once predicted that, by this year, 75% of all databases will be deployed or migrated to a cloud platform. That’s where … Imply comes in.”

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HYCU locks down additional funding to grow its cloud data protection business

TechCrunch

Gartner predicted in a 2020 report that worldwide spending on information security and risk management technology and services would reach $150.4 It’s almost certainly grown since. Over 80% of companies responding to Flexera’s latest State of the Cloud survey reported having either a multi-cloud or hybrid cloud strategy.

Data 101
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ForgeRock files for IPO as identity and access management business grows

TechCrunch

There have also been a few big exits in the space over the years, including Duo Security, which was acquired by Cisco for $2.35 ForgeRock has a good access management tool and they continue to be a strong player in customer identity and access management (CIAM),” commented Michael Kelley, senior research director at Gartner.

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Traceable AI nabs $60M to secure app APIs using machine learning

TechCrunch

Gartner predicts that 90% of web-enabled apps will have more attack surfaces exposed in APIs than user interfaces and that API abuses will become the top attack vector for most companies in 2022. Bansal is a serial entrepreneur, having cofounded app performance management company AppDynamics (which was acquired by Cisco for $3.7

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MetalSoft aims to help manage server infrastructure through automation

TechCrunch

In a recent Gartner survey , IT executives cited talent shortages as the top barrier to adopting emerging technologies. ” While MetalSoft competes with heavyweights like Cisco and OpenStack, it’s likely to benefit from the recent uptick in investment in on-premises infrastructure.

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What is Green IT?

Michael Stein's Non-profit Technology Blog

For a couple of years now we've been seeing talk of Green IT, and as early as 2007 management consulting giants Gartner and McKinsey were addressing Green issues as a major issue facing IT managers. Today's EnergyWise announcement by Cisco underscores the growing concern managers have in both these areas.

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