VIEO Inc., a developer of software for Infiniband servers, has topped off its first round of funding with another $4 million from strategic investors BMC Software Inc.
and Dell Computer Corp. (Nasdaq: DELL).
The input brings VIEO's total funding to $24 million. An initial round of $20 million, secured in January, came from Audax Venture Capital, OneLiberty Ventures, and TL Ventures, which led the round.
The new input from BMC and Dell appears to be a vote of confidence in both VIEO and Infiniband.
Infiniband is a new bus architecture designed to create faster links among servers, storage devices, and the Internet by replacing a server or switch's PCI bus with a standalone network device. This tack has the potential to free server system processors to handle data instead of I/O tasks (see InfiniBand in the Spotlight).
"The existing I/O bus is reaching its ceiling, according to Steve Harriman, VP of marketing at VIEO. Theres a limit to how many more cards you can plug in to add more storage devices. Infiniband, he says, will enable companies to deploy a "switched fabric I/O," in which storage capacity and bandwidth can be "dropped into" a network as needed, without having to worry about server upgrades.
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.
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