Connect with us

Technology

Edera Raises $5M Seed Round to Introduce the World’s Only Secure-By-Design Kubernetes and AI Solution

Published

on

Using type 1 hypervisor technology, Edera offers isolation at the container level, changing the way containers run and making container escapes impossible once and for all Companies both large and small can plug Edera in seamlessly and are poised to save millions in cloud costs From an all-female founding team to a diverse group of investors and a surprising set of technologies, Edera is anything but the status quo

SEATTLE, Sept. 18, 2024 /PRNewswire/ — Edera, the world’s only secure-by-design Kubernetes and AI solution, today announced it has raised $5 million in a seed round led by 645 Ventures and Eniac Ventures with participation from FPV Ventures, Generationship, Precursor Ventures and Rosecliff Ventures. Angel investors include Joe Beda, Filippo Valsorda, Mandy Andress, Jeff Behl and Kleiner Perkins scout Nikitha Suryadevara, among others.

While Kubernetes turned 10 years-old earlier this year, running secure multi-tenancy workloads remains an unsolved problem that’s costing companies millions of dollars. Edera is introducing a diverse set of technologies with a diverse team of experts to solve what has been the decade’s defining enterprise security challenge.

Edera uses a type 1 hypervisor to offer isolation at the container level for the first time, enabling companies to realize the original promise of Kubernetes and to move quickly to run GPUs for emerging AI workloads. Instead of running containers in Linux namespaces, Edera’s platform treats a container like a virtual machine guest. There is no shared kernel state between containers, and a memory-safe Rust control plane further secures workloads. Edera can be used anywhere users run their containers (public cloud, private cloud and on-premise) and doesn’t require virtualization extensions or custom infrastructure. It’s simple, delivers peace of mind and saves companies millions in cloud costs. 

“Real innovation is rare. It’s more than a new application or gadget. Real innovation is born inside the brains of amazing humans who see a better way to do things, who crack the code and solve the puzzle,” said Hadley Harris, cofounder and general partner at Eniac Ventures. “That’s what is happening at Edera. They’ve assessed hypervisor technologies and new memory-safe principles and the Rust programming language to actually solve one of the biggest security challenges of this era. We couldn’t be more excited to support this work.”

While most enterprises today are using Kubernetes in production, nearly 70 percent have delayed deployments due to security concerns. Nearly 90 percent of those companies have reported at least one Kubernetes or container incident in the last 12 months and half have lost revenue and customers due to security incidents.

The evolution of the cloud and Kubernetes has resulted in security regressions that the industry has accepted as the norm. But as container adoption continues to grow, tools continue to sprawl and security incidents skyrocket, the wasted engineering time and tremendous cloud expense has become untenable.

“While companies have struggled for a decade to secure their Kubernetes workloads using a patchwork of tools and procedures that have never really worked, the answer has been sitting in front of us all along,” said Alex Zenla, CTO and co-founder at Edera. “Our product is built on proven technologies and introduces a memory-safe Rust control plane to radically change the Kubernetes security landscape. We’re incredibly excited to share what we’ve been able to build with our customers and the industry at large.”

Innovative vision will transform enterprise security and save millions of dollars industry-wide

Kubernetes security solutions today focus on detection after an attack occurs. Customers are layering tool upon tool, creating complexity on top of complexity with no real assurances in place. Edera runs containers securely from the start, eliminating the need for expensive, largely ineffective tools, and its paravirtualization mode removes the need for hardware virtualization support meaning you can run secure containers anywhere.

Edera is introducing the world’s only secure-by-design Kubernetes and AI solution to help security engineers eliminate vulnerability exploitation across clusters even before a vulnerability is reported and can become incidents that show up on a dashboard and to help CISOs gain the confidence that their organization won’t be the next one hit by attackers and splashed across social media. And by isolating critical infrastructure from container escapes, customers can finally be confident running real multi-tenancy environments, saving tens of millions of dollars in cloud costs.

“The original design goals for Kubernetes were for ‘soft’ multi-tenancy where there was a level of trust between users of a cluster. But as Kubernetes has found its way into more domains, the need for stronger security protections has become apparent,” said Joe Beda, angel investor in Edera and co-creator of Kubernetes. “Edera fills this gap by using virtualization to both reduce risks and, ultimately, reduce costs. It allows Kubernetes to go places it has never gone before!”

From an all-female founding team to a diverse group of investors and a surprising set of technologies, Edera is anything but the status quo.

Edera is founded by three female-identifying individuals:

Ariadne Conill, co-founder & Distinguished Engineer, creator of Wolfi and maintainer for Alpine LinuxEmily Long, co-founder and CEO, former COO at Chainguard and Anchore, among othersAlex Zenla, co-founder and CTO, an early contributor to the Dart programming language at 13 years-old and founder of the DSA IoT platform at 14

Emily Long comes from an operations and culture background, bringing to the position of CEO a people-centric view that is often lacking in early-stage startups. Eniac Ventures came in as a lead investor, in part, because of this background. Skills like recruitment, setting culture and conflict resolution are incredibly powerful in the earliest stages of a company and are not often skills that can be taught. This is in direct contrast to traditional VC-funded startups in which the CEO is usually a technologist that is believed can be “trained up” on people and leadership skills. History tells us that hardly ever works.

“We want to build something different at Edera, not just in the technology we deliver but in the way we build and deliver it. That means creating an inclusive workplace where everyone can thrive and contribute to our mission in a very direct way,” said Emily Long, CEO and co-founder at Edera. “We know diverse teams deliver better outcomes, and we’re here to represent that however many times it takes.”

With women, people of color and LGBTQIA+ among their founders and principals, 645 Ventures and Eniac Ventures round out Edera’s intentional focus on building a team that values diversity of thought, lived experience and technology backgrounds. The $5 million seed round will be used to build out the Edera team while supporting new customers and partnerships.

“What’s most exciting about Edera is the power of the technology itself. It can not only solve immediate, long-standing pain points like container escapes but can also be a game changer in the increasingly complex and changing world of securing and managing AI workloads,” said Mendy Yang, senior associate at 645 Ventures. “We are so excited to work with the team to build something truly revolutionary.”

Edera Protect Kubernetes is available to try now. Edera Protect AI is in development and accepting design partners. Edera also hosts Krata, a set of open source components written in Rust for secure hypervisor technologies. For more information, please visit: https://edera.dev/

About Edera  
Edera is changing the way containers are run and secured, making isolation a reality and fundamentally transforming computing in the process. It is an enterprise infrastructure company that delivers container isolation for the first time by using a type 1 hypervisor and a memory-safe Rust control plane. It enables security engineers to achieve multi-tenancy Kubernetes and AI workload security in a way that is secure from the start, simple and cost-effective. Edera is female founded and places the same value on soft and hard skills to create a balanced and innovative company and considers diversity of experience and thought a non-negotiable. For more information, please visit: https://edera.dev/

Media Contact for Edera
Jennifer Cloer
503-867-2304
jennifer@storychangesculture.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/edera-raises-5m-seed-round-to-introduce-the-worlds-only-secure-by-design-kubernetes-and-ai-solution-302252011.html

SOURCE Edera

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

AIE Graduates create visual effects for Academy-nominated film

Published

on

By

NAWI, a feature film whose visual effects were created by graduates from the Academy of Interactive Entertainment (AIE), has been officially nominated by Kenya for entry into the 97th Academy Awards in the category of Best International Feature Film. NAWI is a heartfelt story about a young girl’s journey towards empowerment and aims to shed light on a pressing issue that affects countless young women in the Turkana region of Kenya.

CANBERRA, Australia, Sept. 19, 2024 /PRNewswire-PRWeb/ — NAWI, a feature film whose visual effects were created by graduates from the Academy of Interactive Entertainment (AIE), has been officially nominated by Kenya for entry into the 97th Academy Awards in the category of Best International Feature Film. NAWI is a heartfelt story about a young girl’s journey towards empowerment and aims to shed light on a pressing issue that affects countless young women in the Turkana region of Kenya.

“The film has a very important social message to tell so it was rewarding in many ways to be able to contribute to this project. NAWI was a fantastic opportunity for our graduates to put their skills to the test on a full-length feature film,” said Tom Pugh.

AIE graduates and teachers were given the opportunity to work on the film’s visual effects through AIE’s ongoing partnership with Learning Lions, who produced the film with Film Crew & Baobab Pictures. AIE is proud to support Learning Lions non-profit mission to enable young adults in marginalised rural communities of East Africa to become digital creatives by providing game development training and technology.

The visual effects for NAWI were brought to life by AIE teachers and experienced industry professionals, Thomas Magill and Tom Pugh, who were tasked with supervising the visual effects and liaising with the film’s Directors, Apuu Mourine, Kevin Schmutzler, Tobias Schmutzler and Toby Schmutzler. They assembled a team of recent AIE graduates and worked out how to create the effects required to immerse audiences in Nawi’s world.

“Graduates were able to take the skills they had learnt in class and apply them to cinema-quality footage. There was even a bit of nervous excitement working with professional expectations and deadlines,” said Tom Pugh.

Thomas Magill explained that most of the work involved compositing such as fixing blemishes, removing unwanted folds in clothing, changing pages in a book and removing background actors that were in the wrong place.

“We had a river shot where there was only a sandbank, and we had to create an entire island! There were several shots filmed in a dry riverbed which required us to create floodwater. We had to draw upon various disciplines: not just digital compositing but also visual effects creation and fluid simulations,” said Thomas Magill.

Both teachers enthused that the directors were a pleasure to work with and the collaboration was smooth.

“The film has a very important social message to tell so it was rewarding in many ways to be able to contribute to this project. NAWI was a fantastic opportunity for our graduates to put their skills to the test on a full-length feature film,” said Tom Pugh.

Learning Lions and AIE look forward to seeing NAWI progress through two rounds of voting by members of the Academy of Motion Picture Arts and Sciences to narrow the list of submitted films down to five nominees for the Best International Feature Film.

About Academy of Interactive Entertainment (AIE)

AIE offers practical, career-focused courses delivered by industry-experienced teachers in 3D animation, game development, visual effects and film. Since 2019 AIE has sponsored scholarships to their Certificate and Diploma programs to Learning Lions student. AIE provided laptops and is supporting with opportunities at various gaming companies around the world for paid part-time and full-time work.

https://aie.edu.au/

About Learning Lions

Learning Lions is fighting poverty with digital opportunity. Established in 2015, Learning Lions equips local youth with essential IT and media skills, and empowering them to become entrepreneurs and self-sustaining individuals. By leveraging digital services, these aspiring entrepreneurs not only support themselves but also provide opportunities for others through employment and mentorship.

https://www.learninglions.org/

Media Contact

Neil Boyd, Academy of Interactive Entertainment, 61 434273190, neilb@aie.edu.au, https://aie.edu.au/

Facebook, LinkedIn

View original content to download multimedia:https://www.prweb.com/releases/aie-graduates-create-visual-effects-for-academy-nominated-film-302252825.html

SOURCE Academy of Interactive Entertainment

Continue Reading

Technology

Valhalla MSO Launches Impetus One to Enhance Valhalla Vitality’s Telehealth Platform

Published

on

By

Valhalla MSO launches Impetus One, enabling healthcare providers to expand services, improve patient retention, and boost revenue with no upfront costs

MIAMI, Sept. 19, 2024 /PRNewswire-PRWeb/ — Valhalla MSO is excited to announce the launch of Impetus One (IO), a new software designed to power the Valhalla Vitality Network Provider Program. This initiative aims to expand the reach and capabilities of independent healthcare providers by offering an alternative to the traditional insurance model. With a focus on preventative medicine and wellness therapies, the platform is set to enhance patient care while creating new revenue opportunities for providers.

The Valhalla Vitality Network Provider Program addresses the gap created by insurance companies that often deny coverage for preventative medicine, wellness services, and even weight loss therapies. Insurance typically does not compensate healthcare providers for the time spent improving a patient’s overall health. Impetus One (IO) offers an alternative by providing a cash-pay marketplace where providers are fairly compensated for delivering impactful, life-changing services to their patients.

Key Benefits for Providers

Impetus One Software Integration: The platform integrates seamlessly with Valhalla Vitality, offering an e-commerce marketplace that connects patients with a wide range of health services. Providers can easily adopt the system to deliver therapies and other services, ensuring smooth payment processing and order fulfillment.No Upfront Costs: Providers can join the Network Provider Program without any initial fees. They simply share a unique link with patients, allowing for easy access to services, and payments are processed as orders are placed. Partner pharmacies handle medication shipments directly, creating a hassle-free experience for providers.Boosting Patient Retention: The platform includes a VIP Rewards Program, designed to increase patient retention and loyalty. Patients earn points for discounts and exclusive benefits, which encourages ongoing engagement and care continuity.E-commerce and Wellness Integration: Unlike typical affiliate programs, Valhalla Vitality allows providers to retain full control of their patient relationships. Providers can generate revenue through the integrated e-commerce system without worrying about referral fees or kickbacks, enabling them to focus solely on delivering high-quality patient care.

By joining the Valhalla Vitality Network Provider Program, healthcare providers gain access to a scalable model that helps increase profits, introduce new services, and enhance patient satisfaction. The VIP Rewards Program also strengthens the bond between patients and providers, making healthcare more accessible and rewarding for all.

Healthcare providers looking to grow their practices and increase revenue can join the Valhalla Vitality Network by visiting http://www.providevitality.com. Valhalla MSO’s new platform is a powerful tool for delivering advanced, patient-centric healthcare with a focus on accessibility and quality.

For more information, visit Valhalla Vitality at http://www.valhallavitality.com.

Media Contact

Chris K., Valhalla Vitality, 888-888-8888, ck@s99agency.com, https://valhallavitality.com/

View original content to download multimedia:https://www.prweb.com/releases/valhalla-mso-launches-impetus-one-to-enhance-valhalla-vitalitys-telehealth-platform-302253701.html

SOURCE Valhalla Vitality

Continue Reading

Technology

Ultima Markets Wins Two Prestigious Awards at Global Forex Awards–Retail 2024!

Published

on

By

LIMASSOL, Cyprus, Sept. 19, 2024  /CNW/ — Ultima Markets, a leading global forex and CFDs brokerage, is thrilled to announce its double success at the prestigious Global Forex Awards – Retail 2024. The company won two distinguished awards: “Best Affiliates Brokerage – Global” and “Best Fund Safety – Global.”

The awards were presented during the event in Limassol, Cyprus, where Jean Philippe, Board Advisor, Corporate Governance and Sustainability at Ultima Markets, accepted the honours.

The Global Forex Awards – Retail has celebrated excellence in trading innovation for seven consecutive years. Ultima Markets’ dual wins reflect its commitment to quality, client-centric strategies, and strong partnerships across the financial services sector.

The “Best Affiliates Brokerage—Global” award recognises Ultima Markets’ exemplary affiliate programme, which has successfully driven its global expansion. It is celebrated for its transparency and competitive rewards tailored to affiliate needs.

Receiving the “Best Fund Safety – Global” award highlights Ultima Markets’ efforts to safeguard client assets. Through its partnership with Willis Towers Watson, the company provides up to USD$1,000,000 in insurance per account, while its Financial Commission membership ensures clients access to up to €20,000 in compensation funds.

These recognitions underscore Ultima Markets’ priority to security and transparency, including segregated accounts and robust risk management practices. The broker also assures affiliate partners of exceptional standards.

Commenting on the awards, Jean Philippe said, “These recognitions reflect the exceptional work of our teams to ensure the safety of traders’ funds and our dedication to creating value for our partners and clients. We will continue to evolve and innovate to meet the market’s demands.”

Ultima Markets is renowned for its extensive range of trading products and personalised customer service, designed to meet clients’ diverse needs worldwide. The dual recognition marks a significant milestone in the company’s global growth and reaffirms its reputation for delivering fund safety and robust affiliate opportunities.

“We are delighted to be recognised with these awards, which reflect our mission to create a secure trading environment and build strong, rewarding partnerships,” said Jack Li, Ultima Markets’ Regional Business Director.

About Ultima Markets

Ultima Markets is a fully licensed, fast-growing broker offering access to 250+ financial instruments. With a team of 2,000+ professionals in 15 global offices, we serve clients in 172 countries. Check out more about our awards on Facebook, X, Instagram, LinkedIn and YouTube.

 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/ultima-markets-wins-two-prestigious-awards-at-global-forex-awardsretail-2024-302253541.html

SOURCE Ultima Markets

Continue Reading

Trending