Mountain View, CA – March 7, 2018 – The Fabric, a pioneer in co-creating companies focused on cloud and IoT infrastructure technology, today raised its third dedicated pool of capital to invest in early stage cloud infrastructure companies that it co-creates with entrepreneurs.
It is pretty clear to most observers that the telco/communication service provider (CSP) industry is at a critical turning point. Telcos know that if they can get NFV (Network Function Virtualization) services that can help them deliver global deployment-worthy NFV services they cross the chasm — from early adopters to early majority stage — they can finally take the huge profit- and competitive- gaining opportunity that awaits them.
Bitcoin prices are the lowest in two months. Other cryptocurrencies are following the downward trend. Since the beginning of the year, cryptocurrency markets have been hit by a string of negative news. Fears of tighter regulation in China and South Korea rocked the cryptocurrency freight train in January. Largest cryptocurrency hack in history at the Japanese exchange Coincheck raised concerns about security and added to the negativity.