December 13, 2004
Kontiki, a provider of Grid delivery solutions for high quality video, software and digital content, announced the closing of an $8.6 million investment. MK Capital led the investment round and was joined by previous investors including Adobe Ventures, Barksdale Group, and Benchmark Capital.
Kontiki also announced that Mark Koulogeorge, managing general partner at MK Capital, and Mark Terbeek, partner at MK Capital, will join Kontiki's board of directors. Other outside board members include Intuit chairman Bill Campbell, Peter Currie of The Barksdale Group, Standish O'Grady of Granite Ventures, and Mike Homer, co-founder and chairman of Kontiki.
"When making the decision to invest in Kontiki, we were especially impressed with the strong endorsements and enthusiasm of Kontiki's enterprise customers," said Mark Koulogeorge of MK Capital. "They each validated Kontiki's strong value proposition of reducing the costs of digital content delivery while extending its reach to corporate employees and Internet users. The customers also viewed Kontiki's Grid delivery as a strategic technology for a wide range of mission critical solutions including video communications, training, support, and software delivery."
As companies deliver more high quality video, large software updates, and other digital content files within corporations and on the public Internet, the threat of Gridlock threatens to overload and shut down delivery networks. Kontiki eliminates network Gridlock and delivers digital content to virtually any size audience by efficiently and securely utilizing existing computing resources. Companies using Kontiki include Adobe, CNET Networks, Ernst & Young, Palm, and VeriSign. Companies typically realize a 70-90 percent cost savings since Kontiki efficiently utilizes existing resources and automatically scales to meet user demand.
Kontiki said the additional funds will be used to further advance its product development and enhance its sales efforts. Recently, Kontiki's installed base has increased to 19 million users around the globe. In addition, the company released version 4.0 of its Delivery Management System software last month, while recently adding several new large customers including a leading financial services institution and a multi-billion telecommunications company.
"We've been impressed by MK Capital's inherent understanding of the rapidly growing need for networks to better deliver digital content securely and quickly, whether through a corporate network or the public Internet," said Bryan Plug, Kontiki's president and CEO. "We look forward to their insight and involvement as Kontiki moves into its next stage of development."
MK Capital is a $150 million venture capital fund that invests in applied technology and outsourced business service companies that dramatically improve business efficiency or effectiveness. MK has already made five investments with its latest fund and is actively screening additional investment opportunities that meet its criteria.
The ever-growing complexity of scientific and engineering problems continues to pose new computational challenges. Thus, we present a novel federation model that enables end-users with the ability to aggregate heterogeneous resource scale problems. The feasibility of this federation model has been proven, in the context of the UberCloud HPC Experiment, by gathering the most comprehensive information to date on the effects of pillars on microfluid channel flow.
Large-scale, worldwide scientific initiatives rely on some cloud-based system to both coordinate efforts and manage computational efforts at peak times that cannot be contained within the combined in-house HPC resources. Last week at Google I/O, Brookhaven National Lab’s Sergey Panitkin discussed the role of the Google Compute Engine in providing computational support to ATLAS, a detector of high-energy particles at the Large Hadron Collider (LHC).
Frank Ding, engineering analysis & technical computing manager at Simpson Strong-Tie, discussed the advantages of utilizing the cloud for occasional scientific computing, identified the obstacles to doing so, and proposed workarounds to some of those obstacles.
May 23, 2013 |
The study of climate change is one of those scientific problems where it is almost essential to model the entire Earth to attain accurate results and make worthwhile predictions. In an attempt to make climate science more accessible to smaller research facilities, NASA introduced what they call ‘Climate in a Box,’ a system they note acts as a desktop supercomputer.
May 16, 2013 |
When it comes to cloud, long distances mean unacceptably high latencies. Researchers from the University of Bonn in Germany examined those latency issues of doing CFD modeling in the cloud by utilizing a common CFD and its utilization in HPC instance types including both CPU and GPU cores of Amazon EC2.
05/10/2013 | Cleversafe, Cray, DDN, NetApp, & Panasas | From Wall Street to Hollywood, drug discovery to homeland security, companies and organizations of all sizes and stripes are coming face to face with the challenges – and opportunities – afforded by Big Data. Before anyone can utilize these extraordinary data repositories, however, they must first harness and manage their data stores, and do so utilizing technologies that underscore affordability, security, and scalability.
04/02/2012 | AMD | Developers today are just beginning to explore the potential of heterogeneous computing, but the potential for this new paradigm is huge. This brief article reviews how the technology might impact a range of application development areas, including client experiences and cloud-based data management. As platforms like OpenCL continue to evolve, the benefits of heterogeneous computing will become even more accessible. Use this quick article to jump-start your own thinking on heterogeneous computing.