Connect with us

Technology

Prosimo Introduces the Industry’s First AI Suite for Multi-Cloud Networking

Published

2 years ago

on

Enterprises can provision connectivity for AI workloads and data services in minutes, avoiding time-consuming legacy connectivity methods.

SAN JOSE, Calif., Feb. 22, 2024 /PRNewswire/ — Prosimo, a leader in multi-cloud networking software, today announced AI Suite for Multi-Cloud Networking, empowering teams to bring AI workloads to market faster.

While the benefits of AI are clear, many Enterprises have been slow to adopt it because their legacy systems are hindering their progress. AI Suite for Multi-Cloud Networking gives organizations everything they need for AI readiness in one vertically integrated platform.

“AI adoption has changed requirements for cloud networking dramatically – increasing cross-cloud interactions, bringing the need to secure AI workloads and data, as well as expecting high-quality rapid decisions,” said Prosimo co-founder and CEO Ramesh Prabagaran. “We are solving both problems in one – multi-cloud networking for AI to help speed up adoption of AI, and AIOps for faster decision making.”

Prosimo takes a full lifecycle approach, offering two key capabilities:

Multi-Cloud Networking for AI: Provides the core connectivity, security, and infrastructure building blocks for AI workloads. This includes high bandwidth, ultra-low latency, multi-cloud connectivity, and built-in compliance and guardrails around Data sets for LLM.Nebula: AIOps for Multi-Cloud Networking: Enables fast observability, monitoring, troubleshooting, and cost optimization for cloud networking infrastructure. Prosimo’s Nebula assistant uses natural language to provide predictive recommendations and accelerated root cause analysis for operational excellence.

“There’s a rush going on now to build up these enterprise AI environments, but it’s challenging for companies to manage their infrastructure across multiple different clouds,” said Bob Laliberte, principal analyst at ESG. “The ideal solution ties everything together and gives you information about how everything runs.”

Multi-Cloud Networking for AI: Ensures Scalability and Security for AI Infrastructure

Prosimo AI Suite for Multi-Cloud Networking is a full-stack, cloud-native platform that understands connectivity needs across L3 to L7 and enables enterprises to take advantage of cloud-native connectivity designed for AI. Prosimo’s multi-cloud networking fabric is built from the ground up to support next-generation AI workloads in these key areas:

End-to-End Private Connectivity: Seamless distributed data access without legacy IPsec tunnels and IP layer limits, rather use native constructs like PrivateLink & PSCDeep Observability: The ability to detect anomalous behavior across the stack, with application-level visibility for costs, traffic, and resource attribution.Enhanced Security: Companies can enforce enterprise-level policies for using approved AI services to ensure the organization isn’t inadvertently exposing sensitive data.App-Driven Routing: Request-aware steering for app security and compliance.

Nebula: AI Ops for Multi-Cloud Networking: Nebula Multi-Cloud Network Assistant Delivers 60-80% Faster Mean Time to Resolution and 60+% Lower Cloud Networking Costs.

Nebula Multi-Cloud Network Assistant is Prosimo’s conversational AI assistant for cloud networking. Teams can query their network using natural language and get intelligent recommendations powered by Prosimo’s large language model (LLM), the only LLM that incorporates data across multiple classes addressing the top three pain points for cloud ops teams:

Network Policy and Traffic: A comprehensive view of overlapping IP networks across cloud providers, accounts, regions, and more makes identifying and resolving complex issues easy.Infrastructure and Cost: Natural-language queries (“Why are my expenses so high this month?” or “Which regions contributed the most to my higher costs?”) let teams quickly drill down into cost drivers, trends, and inefficient resource utilization. Nebula reduces the time spent clicking through dashboards to uncover actionable cost insights.Security and Compliance: Teams can quickly identify unauthorized cross-region access that violates regulatory policies.

To learn more about the only stack that can solve the immediate challenges faced by enterprises today and enable them to build future-proof infrastructure, go to AI Suite for MCN.

About Prosimo
Prosimo delivers a simplified multi-cloud infrastructure for distributed enterprise cloud journeys. Companies innovate faster and remain in control with the Prosimo integrated stack. This stack combines cloud networking, performance, security, observability, and cost management—all powered by data insights and machine learning models with autonomous cloud networking to reduce complexity and risk. Cloud-forward enterprises, including F100, have successfully adopted Prosimo to roll out revenue-generating applications, improve operational efficiency, and accelerate positive business outcomes. Prosimo is venture-backed by marquee investors such as General Catalyst, WRVI Capital, and Blackrock. For more information, visit https://www.prosimo.io.

Media Contact
Treble
Jin Woo
prosimo@treblepr.com

Additional Resources:

Overview – AI Suite for Multi-Cloud Networking

10 Min Demo – Multi-Cloud Networking for AI

10 Min Demo – AIOps for Multi-Cloud Networking

Customer Case Study: Multi-Cloud Networking For Amazon Bedrock Using Prosimo

Product Blog:

 Accelerate your GenAI Projects : Unleashing the Power of Multi-Cloud Networking with Prosimo’s AI Suite

View original content to download multimedia:https://www.prnewswire.com/news-releases/prosimo-introduces-the-industrys-first-ai-suite-for-multi-cloud-networking-302068185.html

SOURCE Prosimo

Related Topics:
Continue Reading
Click to comment

Leave a Reply

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

Technology

XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

Published

16 minutes ago

on

July 23, 2026

By

NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

Continue Reading

Technology

XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

Published

16 minutes ago

on

July 23, 2026

By

NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

Continue Reading

Technology

Fathom Applauds Introduction of the FRONTIER Act, the First Federal Blueprint for Independent AI Verification

Published

16 minutes ago

on

July 23, 2026

By

Reps. Lori Trahan (D-MA-03) and Jay Obernolte (R-CA-23) introduce a bill to build a competitive marketplace of independent verifiers for frontier AI models.

WASHINGTON, July 23, 2026 /PRNewswire/ — Fathom welcomes the introduction of the FRONTIER Act, the most complete federal framework yet for independent, third-party verification of frontier AI. The legislation is built to earn public trust as AI technology continues to accelerate. As frontier systems begin to take autonomous action in the world, the gap between what these models can do and our ability to keep them in check is widening. FRONTIER is the starting point to close that gap.

“AI governance keeps running into the same wall. The technology is hard to measure and it moves faster than any law can keep up with,” said Andrew Freedman, Co-Founder and CEO of Fathom. “Trying to write the perfect rules and freezing them in place won’t work. What will work is a competitive market of independent verifiers who are accountable for real-world outcomes and who the government can actually count on. The FRONTIER Act shows we can move fast and still get this right.”

The bill gets the fundamentals correct. It sets one public standard – the adequate mitigation of catastrophic risk – and holds both the AI companies and their independent verifiers accountable to it. FRONTIER does not freeze a single testing method into statute. Instead, it licenses competing verification organizations, allows them to sharpen their methods, and gives the government the power to revoke a license when a verifier’s work does not hold up in the field. That is how you build a system that keeps pace with the science instead of falling behind it.

Fathom thanks Reps. Trahan and Obernolte for their leadership, and for their courage in releasing a discussion draft, inviting scrutiny, and incorporating substantive improvements from across the field. One priority improvement as the bill advances: giving the government a fuller range of tools to act upstream – for pushing companies to close identified gaps in risk mitigation early, rather than only once a catastrophe is imminent. We are committed to working with these sponsors, committees of jurisdiction, and Congressional leadership to continue refining the bill in the weeks and months ahead.

About Fathom
Fathom is an independent nonprofit whose mission is to build a governance architecture that helps society navigate the transition to a world with AI by fostering trust, safety, and innovation. Fathom has developed and championed the independent verification model for AI and works with policymakers across the country to put it into practice. Learn more at http://fathom.org.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fathom-applauds-introduction-of-the-frontier-act-the-first-federal-blueprint-for-independent-ai-verification-302833546.html

SOURCE Fathom AI Inc.

Continue Reading

Trending