Pensando Announces Strategic Investment from Qualcomm Ventures

32
Pensando

Silicon Valley’s Leading Innovation Team Is Poised To Extend Beyond Enterprise And Cloud Into 5G/SP Market

Pensando’s Investor Bench Enhanced With A Deep Understanding of 5G Technologies And Requirements

Pensando Systems today announced it has received funding from Qualcomm Ventures.

“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,” said Prem Jain, CEO of Pensando Systems. “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.”

“Pensando’s Distributed Services Platform enables running essential networking and security functions at the edge with high performance and low latency,” said Quinn Li, Senior Vice President of Qualcomm Technologies, Inc. and Global Head of Qualcomm Ventures. “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.”

The Pensando Distributed Services Platform — Giving Service Providers the Ability To Rapidly Innovate And Securely Deploy New Services At Hyperscale

Read More: Security is the Biggest Concern for 5G Enterprise Adoption

The service provider market is 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. With the pressure to increase Average Revenue per User (ARPU) and the increase in network traffic, telco vendors are increasingly looking for new solutions to increase performance, reduce latency, and control costs. Enter the Pensando platform: purpose-built to offload critical services, thus freeing up costly x86 CPU cycles for control functions, enhancing server scale, and increasing wireless coverage.

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, offering:

Read More: Will 5G Adoption Expose Businesses to Cyber Threats and Other Security Challenges?

  • Network slicing and best-in-class scale, latency, and jitter means lightning-fast service
  • Fully-distributed firewall, load-balancing, and SDN services — along with centralized policy automation — enable the deployment of 5G services at scale
  • Terminating and encrypting one billion IoT connections in only half a rack of servers
  • Service providers can future proof with P4 programmability and support the development of new services and protocols
  • Reduced capital expenditures and power consumption