Pensando Receives Strategic Investment from Qualcomm Ventures
The Pensando Distributed Services Platform is intended to work in any environment, offers high-performance, scalable networking, low latency, security and storage functions, always-on, end-to-end telemetry theatrically simplifies operations.
FREMONT, CA: Pensando Systems announced it has received funding from Qualcomm Ventures. The service provider business is going through a shift from principally purpose-built appliances to containerization and virtualization for network functions and services due to the upsurge in 5G. With the pressure to rise Average Revenue per User (ARPU) and network traffic growth, telco vendors are progressively looking for new solutions to upsurge performance, decrease latency, and control costs. Enter the Pensando platform: purpose-built to offload critical services, therefore freeing up expensive x86 CPU cycles for control functions, improving server scale, and increasing wireless coverage.
"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, 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."
The Pensando Distributed Services Platform is intended to work in any environment, offers high-performance, scalable networking, low latency, security and storage functions, always-on, end-to-end telemetry theatrically simplifies operations. The Pensando solution can be centrally administered through the Pensando Policy and Services manager, allowing pervasive network visibility through hardware bi-directional flow streaming and traffic mirroring abilities. This centrally managed approach coupled with low power requirements make it a perfect solution for 5G deployments, contributing:
• Network slicing and superior scale, latency, and jitter imply lightning-fast service.
• Fully-distributed firewall, SDN services, and load-balancing, along with centralized policy automation, empower the deployment of 5G services at scale.
• Terminating and encrypting over a billion IoT connections in only half a rack of servers.
• Service providers can further future proof with P4 programmability and assist the expansion of new services and protocols.
• Decreased capital expenditures and power consumption.
"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, 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."