- Cloud infrastructure company Pensando Systems recently announced it has received strategic funding from Qualcomm Ventures. These are the details.
Cloud infrastructure company Pensando Systems recently announced it has received strategic funding from Qualcomm Ventures. Pensando Systems is pioneering distributed computing designed for the New Edge, which powers software-defined cloud, compute, networking, storage, and security services to transform existing architectures into the secure and ultra-fast environments demanded by next-generation applications.
The service provider market is now going through a transition from predominantly purpose-built appliances to virtualization and containerization for network functions and services as a result of the rise of 5G. And with the pressure to increase Average Revenue per User (ARPU) and the increase in network traffic, telecommunications vendors are increasingly looking for new solutions to increase performance, reduce latency, and control costs.
The Pensando platform was purpose-built to offload critical services, which frees up costly x86 CPU cycles for control functions, enhancing server scale, and increasing wireless coverage.
And the Pensando Distributed Services Platform is designed to work in any environment and provides high-performance, low latency, scalable networking, security and storage functions, always-on, end-to-end telemetry, and dramatically simplifies operations.
The Pensando solution can be centrally managed via the Pensando Policy and Services manager, enabling pervasive network visibility via hardware bi-directional flow streaming and traffic mirroring capabilities. This centrally managed approach — combined with very low power requirements — make it an ideal solution for 5G deployments.
The Pensando platform was developed in collaboration with the world’s largest cloud, enterprise, storage, and telecommunications leaders and it is supported by partnerships with Hewlett Packard Enterprise, NetApp, Equinix, and multiple Fortune 500 customers. And Pensando is led by the renowned “MPLS” team — Mario Mazzola, Prem Jain, Luca Cafiero, Soni Jiandani and Randy Pond. This team have an unmatched track record of disruptive innovation, having already built 8 $1 billion per year businesses across multiple markets.
KEY QUOTES:
“Since we emerged from stealth a year ago, we’ve been working closely with a broad range of Service Providers to expand the capabilities of the Pensando platform for the 5G market. In addition to helping us scale our business, this investment from Qualcomm Ventures brings us an investor with a deep understanding of 5G technologies and requirements, as well as strong ecosystem relationships in every major market from healthcare to retail, automotive and manufacturing.”
— Prem Jain, CEO of Pensando Systems
“Pensando’s Distributed Services Platform enables running essential networking and security functions at the edge with high performance and low latency. We are pleased to invest in Pensando to enable edge computing for enterprises and service providers, allowing them to fully realize the benefits of 5G.”
— Quinn Li, Senior Vice President of Qualcomm Technologies and Global Head of Qualcomm Ventures
