Progress announced the Q4 2024 release of its award-winning Progress® Telerik® and Progress® Kendo UI® component libraries.
Volterra, a provider of distributed cloud services, launched from two years of stealth operations with over $50 million in funding to date.
Investors include top-tier venture capital firms Khosla Ventures, Mayfield and M12 (Microsoft’s venture fund), as well as a growing set of strategic investors/partners including Itochu Technology Ventures and Samsung NEXT. Volterra’s launch comes during a period of rapid expansion for the company, during which it has grown to 100+ engineers and 30+ global customers.
"As a people-first investor, it has been a delight to work with serial entrepreneur Ankur and his team on their bold idea of a platform for the distributed cloud era," said Navin Chaddha, Managing Director, Mayfield. "They clearly see the challenge that enterprises are facing as they distribute applications across clouds and the edge, and have assembled a team of more than a hundred experts to build the answer. With over thirty customers already in production, we are confident that Volterra will make a major impact on the distributed cloud market."
Seasoned technology executive and entrepreneur Ankur Singla founded Volterra to address the rapidly growing trend of data and applications residing outside corporate data centers. “I’ve worked with the world’s largest service providers and enterprises over the last several years as they evolved their infrastructure to become software-defined,” said Singla, “but now they are being forced to distribute that infrastructure, and the applications using it, across multiple cloud providers and edge locations.”
To address the major challenges that will result from widely distributed applications and diverse infrastructure, Volterra has innovated a consistent, cloud-native environment that can be deployed across multiple public clouds and edge sites -- a distributed cloud platform. Within this SaaS-based offering, Volterra integrates a broad range of services that have normally been siloed across many point products and network or cloud providers:
1) Fleet-wide management of distributed applications and data across heterogeneous infrastructure
2) Globally distributed control plane with Kubernetes APIs for application orchestration and multi-layer security for workloads and data
3) Comprehensive compute, storage, networking and security for distributed edge locations
4) Secure, high-performance global connectivity across edge sites, private clouds and multi-cloud
This announcement comes in parallel with the launch of VoltStack, VoltMesh and Volterra Console, which together provide a distributed cloud platform for deploying and operating applications and data across multi-cloud and edge environments. It is deployed using three SaaS-based components:
- VoltStack deploys and manages distributed applications across multiple clouds or edge sites using industry standard Kubernetes APIs
- VoltMesh delivers high performance networking and zero-trust security between multiple clouds and edge sites
- Volterra Console is a management console for deploying and operating distributed applications at a global scale with centralized control and observability
The Volterra distributed cloud platform can be used across three sets of solutions to enable a wide range of use cases:
- Edge cloud -- edge app management, secure edge gateway
- Multi-cloud -- multi-cluster secure mesh, secure Kubernetes gateway, multi-cloud app management, app and network services consolidation
- Network cloud -- application security and acceleration, network edge applications, secure cloud network with DMZ
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