Don't miss our upcoming Network Computing virtual event on Connectivity Solutions - Secure Your Complementary Seat Now!
Application-performance startup Availigent has clinched $12.2 million in new financing as the vendor looks to break into the enterprise market with a new Windows-based offering. (See Availigent Closes $12.2M.)
The round, which brings Availigent's total funding to around $16 million, was led by Intel Capital, and also included existing investors Diamondhead Ventures and Smart Technology Ventures. Availigent, born in 1998 as Eternal Systems, was a spin-off from the University of California, Santa Barbara, though the company changed its name earlier this year.
Availigent CEO Bud Michael told Byte and Switch that he will use the cash to enhance the startup's flagship Duration software and go after new markets outside of its current high-performance computing (HPC) niche. "We have a strategy to work with systems and data center partners to add our product [to their portfolios]," he explains, although he would not name names.
"We see a number of strategic partners that we think would work well with Duration," he adds. The startup is already working with HP, which offers Duration on its Linux-based XC clusters.
Duration is certified for a range of applications, including Oracle 9i, Sybase, and MySQL, as well as number of hardware platforms, such as HP's ProLiant, IBM's BladeSystem, and Egenera's BladeFrame.
With the move to the cloud, CISOs must shift priorities from operating security programs to overseeing (monitoring and auditing) outsourced cybersecurity programs.
2022 was a boon year for IT salaries. 2023 came in like a beast with layoffs, raise freezes, and ChatGPT, but that beast has few teeth.
Age is only a number. Don't let a high number cancel your career.
