Mountain View, CA – May 9, 2018 – The Fabric, a pioneer in co-creating US-based cloud and IoT infrastructure companies, and EVO Venture Partners together announced a joint collaboration to build venture-backed startups in Europe. Through this strategic partnership, EVO Venture Partners has invested capital into The Fabric, and through its European-based data centers, it will provide incubation and product trials for companies that they co-create together.
When Prabakar Sundarrajan and I left Juniper after the acquisition of Ankeena, we wanted to continue our entrepreneurial journey. The rapid adoption of cloud, mobility, and IoT technology provided an opportunity to disrupt the infrastructure industry. The idea of providing an ecosystem for entrepreneurs and investors to come together and create new companies was appealing to us, but we didn’t want to simply provide funding, office space, and access; we wanted to actively collaborate with entrepreneurs and co-create The Fabric’s startups.
Mountain View, CA – April 25, 2018 – The Fabric, a pioneer in co-creating companies focused on cloud and IoT infrastructure technology, today announced the close of $20 million in investment from Verizon Ventures, March Capital Partners, Citrix and Hitachi along with key individual investors.