Latest news with #JoshSchertzer
Business Wire
15-05-2025
- Business
- Business Wire
Beacon AI Centers Appoints Josh Schertzer as CEO, Commits to an Initial 4.5 GW Data Center Development in Alberta, Canada
ALBERTA, Canada--(BUSINESS WIRE)-- Beacon AI Centers announced today that Josh Schertzer, former Chief Technology Officer (CTO) of Enterprise Technology at Blackstone, has joined the company as Chief Executive Officer. Schertzer will lead the company's efforts to rapidly scale and deliver cutting-edge, high-capacity AI data center developments at the scope and scale required to build an AI-powered future. 'I'm thrilled to join Beacon as CEO and lead the evolution of our state-of-the-art AI data centers across North America,' said Josh Schertzer. 'We've built a world-class team that will tackle the toughest challenges holding back AI infrastructure development and deliver much-needed compute capacity to hyperscalers at speed and scale.' Schertzer brings two decades of experience in the technology sector, operating, leading, and investing across a variety of technology verticals. 'Josh's distinguished career speaks for itself,' said Aidan Kehoe, founder and Managing Partner of Nadia Partners, Beacon's originating fund. 'As the world enters a new era of AI-driven infrastructure, it requires a leadership style that is both strategic and operationally precise. Josh brings exactly that- making him exceptionally well-equipped to drive Beacon forward in this pivotal moment.' Strategic Focus on Alberta With plans to energize sites in Alberta as early as 2027, Beacon AI Centers is committing to the region and its development as a leading AI hub. 'Alberta is quickly becoming one of the most attractive jurisdictions in North America for data centre development, and Beacon's launch is a strong vote of confidence in our province,' said Nate Glubish, Alberta's Minister of Technology and Innovation. 'With our abundant energy resources, growing tech talent, and commitment to cutting red tape, we're creating the right conditions for innovators like Beacon to thrive. I look forward to seeing how their projects will help build the future of AI infrastructure from right here in Alberta.' The strategic decision to establish Beacon's first data centers in Alberta comes at a pivotal moment when hyperscalers are facing critical infrastructure and power constraints across North America. With abundant natural gas, a competitive corporate tax environment, and a skilled workforce, Alberta offers the critical elements needed to support high-density AI workloads and long-term digital infrastructure investment. Beacon's portfolio includes high-capacity data centers near Chestermere, High River, Acheson, Sturgeon County, Langdon, and Beaumont, Alberta, with expansion to other jurisdictions planned in 2026, and a total development pipeline of 4.9 GW across North America. According to a Colliers report, each project will create 1500 construction jobs and 300 highly-skilled operational roles. Beacon's investment is forecast at up to $7.2B USD/$10 B CAD. Each data center will incorporate advanced cooling systems, energy-efficient design, and robust connectivity to serve both public and private sector partners. About Beacon Originated by Nadia Partners, Beacon is a pioneering AI data center development company. With an energy-first approach, Beacon is redefining data center development to meet the growing demands of the AI era. You can learn more about Beacon at
National Post
15-05-2025
- Business
- National Post
Beacon AI Centers Appoints Josh Schertzer as CEO, Commits to an Initial 4.5 GW Data Center Development in Alberta, Canada
Article content Article content ALBERTA, Canada — Beacon AI Centers announced today that Josh Schertzer, former Chief Technology Officer (CTO) of Enterprise Technology at Blackstone, has joined the company as Chief Executive Officer. Schertzer will lead the company's efforts to rapidly scale and deliver cutting-edge, high-capacity AI data center developments at the scope and scale required to build an AI-powered future. Article content 'I'm thrilled to join Beacon as CEO and lead the evolution of our state-of-the-art AI data centers across North America,' said Josh Schertzer. 'We've built a world-class team that will tackle the toughest challenges holding back AI infrastructure development and deliver much-needed compute capacity to hyperscalers at speed and scale.' Schertzer brings two decades of experience in the technology sector, operating, leading, and investing across a variety of technology verticals. 'Josh's distinguished career speaks for itself,' said Aidan Kehoe, founder and Managing Partner of Nadia Partners, Beacon's originating fund. 'As the world enters a new era of AI-driven infrastructure, it requires a leadership style that is both strategic and operationally precise. Josh brings exactly that- making him exceptionally well-equipped to drive Beacon forward in this pivotal moment.' Article content With plans to energize sites in Alberta as early as 2027, Beacon AI Centers is committing to the region and its development as a leading AI hub. Article content 'Alberta is quickly becoming one of the most attractive jurisdictions in North America for data centre development, and Beacon's launch is a strong vote of confidence in our province,' said Nate Glubish, Alberta's Minister of Technology and Innovation. 'With our abundant energy resources, growing tech talent, and commitment to cutting red tape, we're creating the right conditions for innovators like Beacon to thrive. I look forward to seeing how their projects will help build the future of AI infrastructure from right here in Alberta.' Article content The strategic decision to establish Beacon's first data centers in Alberta comes at a pivotal moment when hyperscalers are facing critical infrastructure and power constraints across North America. With abundant natural gas, a competitive corporate tax environment, and a skilled workforce, Alberta offers the critical elements needed to support high-density AI workloads and long-term digital infrastructure investment. Article content Beacon's portfolio includes high-capacity data centers near Chestermere, High River, Acheson, Sturgeon County, Langdon, and Beaumont, Alberta, with expansion to other jurisdictions planned in 2026, and a total development pipeline of 4.9 GW across North America. According to a Colliers report, each project will create 1500 construction jobs and 300 highly-skilled operational roles. Beacon's investment is forecast at up to $7.2B USD/$10 B CAD. Each data center will incorporate advanced cooling systems, energy-efficient design, and robust connectivity to serve both public and private sector partners. Article content Article content Article content Article content Article content
Techday NZ
29-04-2025
- Business
- Techday NZ
NetFoundry gains USD $12 million funding for secure networking
NetFoundry has secured an investment of USD $12 million led by cybersecurity-focused venture capital firm SYN Ventures. This funding marks the first venture capital injection for NetFoundry, which already services eight of the top ten banks in the United States as well as critical infrastructure across three continents. NetFoundry says its approach to networking brings military-grade security while streamlining operations by moving away from reliance on traditional infrastructure and additional security layers, instead delivering security as software. Galeal Zino, Founder and Chief Executive Officer of NetFoundry, said: "This is the iPhone moment for secure networking. NetFoundry's approach is revolutionary in that it enables military-grade security, but with the speed and extensibility of software. Organizations can no longer tolerate the trade-offs of WAN/SASE/firewall architecture – that old model is shredded by an AI-accelerated world." The company is currently serving two of the top five companies on the Fortune 500 list. NetFoundry's software has been adopted by solutions providers such as Arrow, Capgemini, CERM, Digibee, EdgeX Foundry, FreeWave, IBM, Intrusion, LVT, Marposs, Microsoft, Oracle, Ozone, Redfaire, TZ and the United States military. NetFoundry's software-centric approach to secure networking allows it to be both used by enterprise IT departments and embedded in products from other providers. Some of the largest industrial and cloud service specialists now offer secure-by-design products using NetFoundry's zero trust networking embedded on an original equipment manufacturer (OEM) basis, similar to the widely recognised Intel-inside model. Businesses that require robust security and quick deployment, notably in financial services, have become early adopters of what NetFoundry describes as a network-as-code model. The company states that the importance of secure, software-defined networking is increasing with the wider adoption of artificial intelligence across business sectors. Josh Schertzer, most recently Chief Technology Officer of Enterprise Technology at Blackstone, said: "Finance firms benefited from being the infrastructure-as-code leaders, and are now taking the final step by completing the platform with network-as-code deployments. NetFoundry's reinvention of secure networking was the missing link – the way to complete the journey to an infrastructure independent, secure-by-design enterprise platform." NetFoundry's technology supports a "develop once, deploy anywhere, deliver everywhere" model that allows teams to use distributed computing environments without needing to manage the details of network-level integration. Dan Burns, Partner at SYN Ventures and former Chief Executive Officer of cybersecurity business Optiv, said: "Only software can keep up with software. Dependencies on infrastructure, IP addresses, underlay networks, specific clouds and firewall ACLs are barriers to business velocity, security and agility. By eliminating these barriers, NetFoundry enables enterprises to simplify, secure and accelerate digital transformation." Public case studies referenced by NetFoundry include just-in-time zero trust networking applied to situations ranging from financial services and military drones, to industrial automation. Unlike Secure Access Service Edge (SASE) models that redirect and decrypt sensitive data, the company asserts its solution provides true end-to-end encryption with encryption keys kept solely on the endpoints, supporting both on-premises and cloud native installations. NetFoundry's offerings are available as Network-as-a-Service (NaaS) and on-premises licensed software, allowing businesses to connect workflows across diverse networks in a secure manner. The company also provides its zero trust solution to partners to include in products as embedded software. NetFoundry is the creator and maintainer of OpenZiti, an open source zero trust software package widely used in the cybersecurity sector. SYN Ventures is a venture capital firm dedicated to security investments, with a team comprising former Chief Information Security Officers, Chief Executive Officers, Chief Technology Officers and founders who together have more than 400 years' experience in security investment and operations, in addition to an established network of security advisors and CISOs.
