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Event networking app Grip raises $13M, as pandemic forces events to stay virtual

TechCrunch

With offline events now firmly moved to online for the foreseeable future, startups in the networking space had to pivot fast in the face of the pandemic. One of those was Grip , previously better known as a networking app for physical conferences (including TechCrunch Disrupt, at one point). million people.

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Singapore-based Transcelestial uses lasers to build affordable internet networks

TechCrunch

Transcelestial is on a mission to make the internet more accessible by building a network of shoebox-sized devices that send lasers to one another, creating a fiber-like network. This brings Transcelestial’s total raised since it was founded in 2016 to $24 million. Investor In-Q-Tel was part of a previously disclosed round.

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Cymulate snaps up $70M to help cybersecurity teams stress test their networks with attack simulations

TechCrunch

“We are providing our customers with a different approach for how to do cybersecurity and get insights [on] all the products already implemented in a network,” he said in an interview. Competitors include the likes of FireEye, Palo Alto Networks, Randori , AttackIQ and many more.).

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

TechCrunch

Networking and cybersecurity firm Versa today announced that it raised $120 million in a mix of equity and debt led by BlackRock, with participation from Silicon Valley Bank. They came from Juniper Networks, where Apurva Mehta was the CTO and chief architect of the mobility business unit and Kumar Mehta was the VP of engineering.

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Microsoft acquires Fungible, a maker of data processing units, to bolster Azure

TechCrunch

Today, Microsoft confirmed the acquisition but not the purchase price, saying that it plans to use Fungible’s tech and team to deliver “multiple DPU solutions, network innovation and hardware systems advancements.” ” The Fungible team will join Microsoft’s data center infrastructure engineering teams, Bablani said. .

Azure 282
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FlexID gets Algorand funding to offer self-sovereign IDs to Africa’s unbanked

TechCrunch

million in 2016. And that’s what the Zimbabwean government sought to accomplish when it introduced a financial inclusion scheme from 2016 to 2020. The number of bank accounts in the country stood at 1.5 million in 2020.

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Data center provider fakes Tier 4 data center certificate to bag $11M SEC deal

CIO

Another news report dated 2016 shows Jain as the Founder and CEO of AiNET, which “designs, constructs, operates, and supports Internet data centers, optical fiber networks, and easy-to-understand cloud solutions. His LinkedIn profile also says Jain is the founder of AiNET and claims the company’s data centers are Tier 4 certified.