Latest news with #cloudnative
Forbes
15 hours ago
- Business
- Forbes
Zscaler Buying Red Canary: A Canary In The Cybersecurity Coalmine?
Zscaler Acquires Red Canary in $675 Million Deal, Signaling a New Chapter in Cybersecurity Services ... More Integration. Hot on the heels of Google's eye-popping acquisition of Wiz for a rumored $23 billion valuation, the cybersecurity market is once again making headlines, this time with Zscaler's announcement that it will acquire Red Canary, a leading Managed Detection and Response firm. While the numbers may be smaller, the strategic implications may prove just as significant. This is not just another consolidation play in the crowded MSSP and MSP space. It's something different. For the first time at this scale, a cloud-native firewall vendor is acquiring a services-first cybersecurity company. It reflects a broader shift in a turbulent market, where traditional boundaries between software, platforms and services are collapsing in favor of integrated, outcome-driven solutions. Zscaler, a cloud-native security leader processing over 500 billion transactions daily, serves ... More nearly half of the Fortune 500 through its Zero Trust Exchange platform. Zscaler, founded in 2007, built its reputation as a pioneer in secure cloud connectivity. It operates a global security cloud with more than 150 data centers and processes over 500 billion transactions per day. Nearly half of the Fortune 500 relies on Zscaler's Zero Trust Exchange platform to securely connect users, devices and applications. Its focus has long been on scalable, identity-based access controls and policy enforcement — not services. Until now. Red Canary, founded in 2013 and based in Denver, has become one of the most respected names in MDR. Its platform offers around-the-clock detection, investigation and response for enterprise customers, helping fill the growing gap in skilled security operations talent. With an estimated $140 million in annual recurring revenue and a reputation for precision threat analytics, Red Canary is a natural bolt-on for a company looking to deliver turnkey threat protection. Zscaler is acquiring Red Canary to accelerate its roadmap for an AI-powered, full-stack Security Operations Center. This includes not just technology, but skilled services, an area where most firewall vendors have historically stayed out. By combining Red Canary's MDR capabilities with Zscaler's deep cloud visibility, the deal promises: It's not just an expansion. It's a signal that the lines between infrastructure vendors and cybersecurity service providers are vanishing. The reported deal size is approximately $675 million, split between cash and equity. That places the transaction at roughly 5.7x Red Canary's $140 million ARR, in line with market expectations for high-growth cybersecurity firms. The deal is expected to close in August 2025, pending regulatory approval. By comparison, recent MDR acquisitions have either been quiet roll-ups or smaller tuck-ins. This one is different. Zscaler is a publicly traded, platform-first company paying a premium to bring a services company in-house. It sets a precedent. We have already seen early signs of this convergence. SonicWall acquired MDR firm Solutions Granted in late 2023. Fortinet has made moves toward managed SASE offerings. Cisco, Palo Alto Networks, Check Point and others are undoubtedly watching closely. But Zscaler's Red Canary deal may be the moment this trend breaks into the mainstream. It challenges the old notion that firewall and network security companies should stay product-focused and leave services to the MSSPs. That barrier is officially gone. This is a compelling moment in the evolution of cybersecurity. With AI, cloud and geopolitical risk accelerating enterprise security needs, customers are demanding outcomes not just tools. That means companies like Zscaler will increasingly have to deliver both software and services, seamlessly integrated. The Zscaler–Red Canary acquisition may be remembered not just for its price tag, but for what it represents: the beginning of a new era where cloud security platforms and service providers are no longer distinct categories. And this may just be the beginning.
Finextra
2 days ago
- Business
- Finextra
Frontier Credit Union signs with Lumin Digital
Frontier Credit Union, located in Idaho Falls, ID, today announced it has selected leading cloud-native digital banking provider, Lumin Digital, as its new digital banking solution. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This partnership enables Frontier to enhance its digital experience and deliver innovative, secure, and member-centric financial services. Frontier Credit Union sought a flexible, future-ready solution that could adapt to changing demands and provide greater control over the digital experience. Lumin Digital's platform stood out for its modern, cloud-native architecture, speed of innovation, and operational efficiency. Lumin's industry-leading uptime and robust security features also ensure Frontier Credit Union's members' trust and data are protected. 'We're excited to welcome Frontier Credit Union to the Lumin Digital community,' said Kelley Michalik, Chief Commercial Officer at Lumin Digital. 'Frontier's team shares our commitment to delivering secure, seamless, and personalized digital banking experiences. We look forward to working with them to build a platform that empowers Frontier to deepen member relationships, respond quickly to evolving needs, and drive long-term value through innovation.' 'At Frontier Credit Union, our priority has always been to deliver exceptional service and innovative solutions to our members,' said Matthew Rice, VP of eServices at Frontier Credit Union. 'After noticing our previous platform's limitations in keeping pace with the evolving digital landscape, we knew it was time for a change. Lumin Digital stood out as a forward-thinking partner, offering not only cutting-edge features that align with our digital strategy but also a commitment to continuous improvement and member-focused innovation. With Lumin's modern infrastructure, we can now offer seamless, feature-rich digital banking experiences without downtime, ensuring that our members have access to the best tools and security in the industry. This partnership is a significant step in our journey to build better lives for our members.' The selection of Lumin Digital followed a highly collaborative evaluation process, underscoring a shared vision between the two organizations to deliver best-in-class digital experiences built around member needs.
Associated Press
2 days ago
- Business
- Associated Press
CockroachDB 25.2: A Decade of Innovation Continues with Major Performance Gains, Vector Indexing, and Enterprise-Grade Advancements
Delivers >41% performance gains, vector indexing for AI, enhanced security, and compliance-ready features for multi-cloud scale. NEW YORK, June 3, 2025 /PRNewswire/ -- CockroachLabs, a pioneer in cloud-native distributed SQL databases, today announced CockroachDB 25.2, a milestone release marking a decade of transformative innovation. This latest version enhances CockroachDB's strengths: performance, flexibility, and security to help businesses scale with confidence in an increasingly AI-driven, multi-cloud world. As organizations modernize their infrastructure for an AI-driven, multi-cloud future, they must also address growing pressure to reduce costs, ensure uptime, and comply with evolving regulatory standards. According to the company's State of Resilience 2025report, 93% of technology leaders cite concerns over the financial impact of outages, with average annual losses exceeding $222,000. At the same time, 79% report they are not yet prepared to meet new regulations such as DORA and NIS2. CockroachDB 25.2 addresses these challenges with significant improvements in scalability, performance, and security—enabling enterprises to modernize with confidence and scale globally without compromising availability or compliance. To further validate this resilience, Cockroach Labs introduced the Performance Under Adversity benchmark. Unlike traditional tests conducted in ideal conditions, this benchmark simulates real-world failure scenarios—including disk stalls, node crashes, regional outages, and more—and demonstrates CockroachDB's ability to deliver consistent throughput and sub-second latency under adverse conditions. AI-Ready with Vector Indexing: Empowering the Future of AI and Machine Learning As AI reshapes industries, the need for high-performance, scalable databases has surged. CockroachDB 25.2 addresses this with vector indexing, enabling faster, more accurate searches across large datasets. This allows businesses to seamlessly integrate AI models, accelerate data processing, and enhance real-time decision-making—while leveraging CockroachDB's resilient, distributed architecture. As organizations increasingly rely on AI for efficiency and innovation, our vector indexing helps manage and query complex data sets at scale while keeping the index fresh and without degrading search results, making CockroachDB a go-to solution for next-gen AI workloads across sectors like healthcare and finance. Performance Gains: 41% Improvement in Efficiency—Scaling with Lower Costs CockroachDB now delivers greater throughput with fewer resources—reducing total cost of ownership while accelerating performance. 25.2 introduces two major optimizations that improve efficiency by 41%, enabling businesses to scale more effectively with less hardware. These aren't just performance enhancements—they offer a strategic advantage, helping organizations scale efficiently without increasing infrastructure spend. This level of scalability is crucial for organizations that need to support global applications, from e-commerce platforms serving millions of users to enterprise systems managing vast amounts of data. As companies increasingly operate in multiple regions, they need a database that can provide resilience, consistency, and high availability across all locations. CockroachDB's ability to handle such massive workloads with seamless performance enables businesses to confidently expand, manage large-scale operations, and maintain reliability as they grow. Whether scaling to support millions of customers or expanding into new regions, CockroachDB 25.2 offers the reliability and performance needed for businesses to thrive in a fast-paced, global digital economy. 'CockroachDB 25.2 delivers the performance, scalability, and security features that organizations need to stay ahead in today's competitive, cloud-driven world,' said Peter Mattis, CTO and Chief Product Officer at Cockroach Labs. 'With this release, we're not only meeting the challenges of modern infrastructure but also paving the way for businesses to innovate with AI, scale globally, and ensure the security and compliance of their data.' Additional Innovations in CockroachDB 25.2: For more information on CockroachDB 25.2, visit About Cockroach Labs Cockroach Labs is a pioneering software company at the forefront of database technology, dedicated to delivering resilient and scalable database solutions to run mission-critical workloads for the world's most important businesses. The company's clients include Bose, Form3, Hard Rock Digital, Shipt, Fortune 50 global financial institutions, as well as retail and media industry leaders. With a mission to scale when others fail, Cockroach Labs is revolutionizing the way businesses manage their data with its innovative cloud-native distributed SQL database, CockroachDB. View original content to download multimedia: SOURCE Cockroach Labs, Inc.
Associated Press
27-05-2025
- Business
- Associated Press
BBT.live Selected to Present Its Secure Connectivity Platform as Part of the Israeli Delegation at VivaTech Paris 2025, as awarded startup
Cloud-native secure connectivity platform to be showcased at Europe's top innovation and investment event PARIS, May 27, 2025 /PRNewswire/ -- a global provider of patented, cloud-native Secure Access Service Edge (SASE) solutions, has been selected as awarded startup to join the official Israeli delegation at VivaTech Paris 2025, Europe's premier tech and innovation conference, held June 11–14 at Paris Expo Porte de Versailles. As part of the delegation, will present at the 'Israel 2025" startup showcase, organized by the Israeli Embassy and ecosystem partners, including Tel Aviv Tech. CEO Moshe Levinson and the leadership team will also be actively engaged throughout VivaTech, participating in investor meetings, partner networking, and strategic business development sessions. will present its flagship BeBroadband® as a Service platform, a comprehensive, enterprise-grade SaaS solution that converges SD-WAN, SASE, SSE, and ZTNA into a unified, single cloud-native architecture. The platform integrates networking, cybersecurity, AIOps, and edge computing to support secure access for branch offices, remote users, and edge-native applications. Designed for service providers (xSPs), BeBroadband® as a Service enables fast, scalable rollouts for SMBs/SMEs and mid-market enterprises, delivered either as a fully managed service or a self-managed solution. With global cloud gateways (over PoPs - Points of Presence), the BeBroadband® as a Service platform supports secure deployment within hours instead of weeks. global reach is fueled by deep strategic integrations with industry leaders: Advantech provides telco-grade hardware preloaded with software for plug-and-play edge deployments. Check Point Software secures devices and cloud assets with embedded nano-agents supporting a zero-trust model. Rohde & Schwarz enhances performance and observability through advanced network monitoring and optimization. Last year announced a commercial partnership with Prodware France, a top provider of enterprise digital transformation solutions. This alliance marks a significant step into the French and broader European markets - engagements at VivaTech will include: June 10, 17:00 – 'Israel 2025" Startup Pitch Event June 10, 19:00 – France–Israel Networking Reception June 11–12 – Private meetings with European telcos and innovation leaders June 9–15 – Ongoing presence across the venue, led by CEO Moshe Levinson 'Our technology allows service providers and enterprises to deliver secure connectivity in hours, not weeks. As the world moves toward zero-trust, cloud-native infrastructure, too many organizations still face complexity and fragmentation. offers a unified solution that simplifies operations, secures the edge, and opens the door to strategic investment and global scale.' Said Moshe Levinson, Co-founder and CEO of About is a global secure connectivity platform provider delivering BeBroadband® as a Service — a unified, cloud-native platform that combines SD-WAN, ZTNA, and SSE in a multi-tenant architecture. Built for service providers and distributed enterprises, the platform offers centralized orchestration, rapid deployment, and robust security, with a focus on the underserved SMB/SME segment. Headquartered and R&D center in Tel Aviv, with operations in New Jersey, Inc., and a growing presence across Europe, Japan, and Asia-Pacific, is redefining how secure access is delivered at scale. Media Contacts Rubi Alfi Nissan Alfi Nissan Communications [email protected] Jack Lehmann VP of Marketing Communications, [email protected] | +1 845.445.8737 View original content: SOURCE
Yahoo
27-05-2025
- Business
- Yahoo
Mavenir's Converged Packet Core Solution Set to Transform Tampnet's Global 4G/5G Mobile Network
New partnership empowers offshore connectivity innovator to deliver cloud-native 5G services – including enhanced mobile broadband, URLLC and mMTC READING, United Kingdom, May 27, 2025 (GLOBE NEWSWIRE) -- Mavenir, the cloud-native network infrastructure provider, today announced that it has been selected as a key technology partner by Tampnet – a global leader in offshore, high-capacity, low-latency connectivity and network services. Following a rigorous selection process, the Norway-based offshore connectivity provider has chosen Mavenir's state-of-the-art Converged Packet Core solution for immediate deployment across its global 4G/5G network. Tampnet operates the world's largest offshore high-capacity communication network in the North Sea and the Gulf of America, serving customers across offshore energy, maritime and carrier industries. Marking a wholesale migration to Mavenir from existing core technology providers in Europe and the Americas, this new strategic partnership unlocks a transformative opportunity for Tampnet to deliver innovative, cloud-native 5G services to its mobile customers – including enhanced mobile broadband, ultra-reliable low-latency communications (URLLC), and massive machine-type communications (mMTC). Leveraging full containerisation for optimal flexibility, Mavenir's advanced converged packet core solution will ensure a smooth and seamless transition across Tampnet's 4G, 5G Non-Standalone (NSA), and introduction of 5G Standalone (SA), while also setting the global communication service provider on course for future 6G capabilities. Additionally, Mavenir's integration of AI-driven automation and energy-efficient network orchestration features will drive a suite of compelling benefits – enabling Tampnet to optimize network performance, reduce operational costs, and deliver hyper-personalized services tailored to its customers' needs. Commenting on the technology partnership, Øyvind Skjervik, Chief Architect of Tampnet, said: 'This strategic collaboration with Mavenir marks a significant milestone in our journey to deliver cutting-edge connectivity and digital services to our customers worldwide. This positions us as a leader in the global telecommunications landscape, ready to meet the evolving demands of consumers, enterprises, and industries. We're looking forward to collaborating closely with Mavenir to bring this next-generation mobile core to life and to set a new benchmark for connectivity and innovation.' Mavenir's end-to-end, fully containerized packet core portfolio provides multi-generational support for all G's to allow flexible and cost-effective modernization of existing mobile networks while evolving to 5G. The cloud-native architecture offers easy scaling, hardware decoupling, agility, portability and resilience across all cloud environments – public, private and hybrid – while a granular microservice architecture delivers carrier-grade resiliency that meets web-scale requirements – including high availability, security, and performance. Ashok Khuntia, President – Core Networks for Mavenir, said: 'Tampnet and Mavenir are aligned in a mission to fundamentally transform global connectivity, pushing the limits of technology innovation to drive greater accessibility and richer service capabilities for users wherever they are, while continually raising the bar in resilience, reliability, energy-efficiency and performance. By entrusting Mavenir with its mobile core transformation, Tampnet is positioned to fully realize the benefits of an agile, extensible network and accelerate the roll-out of leading-edge services to support IoT and emerging next-generation applications. We are excited to be embarking on this significant collaboration where, together, we will be working to redefine what's possible in offshore telecommunications.' About Mavenir Mavenir is building the future of networks today with cloud-native, AI-enabled solutions which are green by design, empowering operators to realize the benefits of 5G and achieve intelligent, automated, programmable networks. As the pioneer of Open RAN and a proven industry disruptor, Mavenir's award-winning solutions are delivering automation and monetization across mobile networks globally, accelerating software network transformation for 300+ Communications Service Providers in over 120 countries, which serve more than 50% of the world's subscribers. For more information, please visit About Tampnet Tampnet provides first-class, high-capacity connectivity to the global offshore energy sector, enabling digitalization, efficiency, and sustainability. By operating the world's largest offshore network, Tampnet delivers reliable and scalable high-capacity, low-latency connectivity solutions that support safer, smarter and more sustainable operations from site to shore. Through continuous innovation and focus on reduction of carbon footprint, Tampnet revolutionizes offshore operations, contributing to a more sustainable energy production landscape. The company operates offshore telecom infrastructure in the North Sea, the Gulf of Mexico (Gulf of America), Trinidad & Tobago and Canada. More than 350 offshore energy installations, as well as a large number of mobile rigs and vessels, receive high-speed data communication by Tampnet. For more information, please visit Media Contact :Emmanuela Spiteri A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
