Pacific Controls invests $20m into open-source middleware firm WSO2

Companies previously collaborated on Pacific Controls' Galaxy-2021 platform

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Pacific Controls invests $20m into open-source middleware firm WSO2 Rahulan: Pacific Controls' investment in WSO2 further extends the strategic relationship between the two organisations
By  Tom Paye Published  August 25, 2015

Pacific Controls, a UAE-based specialist in Internet of Things (Iot) technologies and machine-to-machine (M2M) systems, has invested $20m into WSO2, an open-source cloud application and middleware company, it announced this week.

In a statement, Pacific Controls said that WSO2 was interesting due to its service-oriented architecture (SOA) solutions for building, integrating, managing, securing and analysing companies' APIs, applications, and Web services-on-premises, in the cloud, on mobile and IoT devices. Pacific Controls has already worked with WSO2 through its software platform for connected devices, Galaxy-2021.

Along with funds provided by venture capital firm Toba Capital, the investment will support WSO2 in meeting increased demand from professional developers. As part of the deal, Pacific Controls' CEO, Dilip Rahulan, will join WSO2's board of directors.

"Pacific Controls' investment in WSO2 further extends the strategic relationship between the two organisations. Pacific Controls leveraged its revolutionary software platform Galaxy-2021, together with WSO2 to offer end-to-end enterprise cloud computing solutions to global customers," said Rahulan.

"As a customer, we have experienced the unique advantage of WSO2's comprehensive open-source platform. Using WSO2's modular middleware products, built from the ground up to work together seamlessly, we have been able to accelerate our solution delivery and address the broad range of demands required to connect IoT with enterprise systems. WSO2 has remarkable potential to reshape how enterprises adapt their applications and services to today's demands."

Dr Sanjiva Weerawarana, founder, CEO and chief architect at WSO2, added that the company would use the new investment to accelerate the development of next-generation middleware solutions.

"WSO2 will use the growth financing to advance the worldwide delivery of next-generation middleware solutions that address new business and IT models fuelled by APIs, IoT, mobile computing, and the cloud," Weerawarana said.

"WSO2 API Manager subscriptions continue to more than double each year; cloud solutions now contribute to more than 15% of new revenue; and enterprises' WSO2-powered IoT solutions extend across a range of industries-from transportation to automotive, manufacturing, construction, healthcare, communications, and smart cities. WSO2 will also use the financing to expand the company's global operations; marketing, sales, and support teams; and channel programs."  

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