Kaloom, a Montreal, Canada-based provider of a programmable and automated cloud-native edge center networking software solution, raised further undisclosed funding.
The round, which was led by Alternative Capital Group, brought total Series A funding to USD32.5m. As a part of ACG’s investment, Kaloom appointed Stéphane Boisvert as President. Founder Laurent Marchand will retain his role of Chief Executive Officer.
The company intends to use the funds to speed up deployment and market adoption of its Unified Edge Solution.
Kaloom is delivering a fully programmable and automated cloud-native edge center networking software solution that aims to innovate how distributed cloud edge and data center networks are built, managed and operated by Telecom, Fixed and Mobile Operators, Data Center and Cloud Service Providers. Its Cloud Edge Fabric™ is an automated and programmable network fabric with built-in support for network slicing featuring an embedded multi-Terabit per second (Tbps) 5G UPF that is a low latency cloud native solution. Coupled with the Unified Edge solution, which integrates Red Hat OpenShift Container Platform into the Cloud Edge Fabric, the solution can streamline and optimize resources at the edge.
FinSMEs
20/05/2021