Edge computing startup Macrometa Corp. revealed today that it has raised $38 million in new funding and entered into a partnership with Akamai Technologies Inc. that includes product integrations. Along with Akamai, Shasta Ventures and 60 Degree Capital also participated in the Series B round. Including the new funding, Macrometa has raised $65.9 million to … Read more
Developer-focused cloud computing infrastructure provider DigitalOcean Holdings Inc. beat expectations today as it posted its third quarter financial results, but tepid guidance suggests it’s not immune to weakness in the public cloud market. The company reported net income of $9.4 million for the quarter. Earnings before certain costs such as stock compensation, came to 38 … Read more
Working in both on-site servers and Amazon Web Services Inc. object stores, the new Amazon File Cache allows for quick access to current data sets for faster processing, according to Edward Naim, (pictured) general manager of AWS file storage. For companies that want to continue using on-premises data storage and outsource their data processing to … Read more
IonQ Inc., the quantum computing company that became the first in the industry to go public last year, said this week it has made a second system available on Microsoft Corp.’s Azure Quantum cloud platform, in a bid to bring the technology to a much wider audience. The company said the Aria system is exclusively … Read more
This year’s Red Hat Summit gathering in early May provided an opportunity to step back from the enterprise computing treadmill and assess the long-term implications of where network innovation is headed. Along with news surrounding an edge platform opportunity with General Motors Corp. and the latest release of Red Hat Enterprise Linux, this year’s gathering … Read more