Cereva Networks Inc. has surmounted a key obstacle in its path to the next-generation storage networking market: Today, it announced the closing of $51 million in new equity funding.
The round comes not a moment too soon. Earlier this week, it seemed the startup had taken a turn for the worse in the wake of ongoing executive shuffling (see Cereva Skids to a Halt).
What a difference a day makes.
Cereva says it's on track now to release its product, a high-end switch-plus-storage array for use in carrier networks, by year's end. Trials are underway at service provider NaviSite (Nasdaq: NAVI) and at two private companies, the firm says.
Cereva's also in the process of recruiting a new CFO and head of sales to replace the executives who have left the building.
By combining resources and expertise, the AI-Enabled ICT Workforce Consortium will offer a blueprint for how industries can adapt to an AI-dominated future.
IT leaders should heed the guidance of cybersecurity insurance providers who think businesses should prioritize security education, incident preparedness, regular internal audits, and ongoing vulnerability scanning and patching.
There are many network courses that can address your present job's priorities and help you gain the needed skills to keep pace with industry changes and new technologies.
