Everything about Cubbit, the company with which Leonardo will work on the first super-protected cloud
Numbers and business of Cubbit, the Bolognese company with which Leonardo is activating a new distributed storage cloud architecture
Leonardo teams up with Cubbit for the first super-protected cloud.
The Italian defense and aerospace group will protect "20 million billion" of data thanks to the cloud technology of "geographic distribution of data" which will further enhance the company's current capacity in terms of protection from cyber attacks thanks to the partnership with Cubbit, first European enabler of geo-distributed cloud storage. This is what we read in a joint press release .
Together, the two companies are launching a new cloud architecture capable of guaranteeing maximum security and maximum data usability at the same time.
Therefore Leonardo will be the first company in the AD&S (Aerospace, Defense & Security) sector to use the geo-distributed cloud technology developed by Cubbit. The data will be defended thanks to a widespread encryption and storage method on the network. The agreement provides that the Leonardo sites in Genoa and Chieti will be the first to be affected by the development of the partnership.
All the details on Cubbit, a European distributed cloud storage provider, founded in Bologna in 2016 by four Italians: Stefano Onofri and Alessandro Cillario both co-CEOs, Marco Moschettini and Lorenzo Posani.
WHAT CUBBIT DOES
Cubbit is the first European geo-distributed cloud storage enabler. As Forbes explained in 2021, “Cubbit does not use physical data centers: instead, it enables distributed data centers capable of connecting internet resources already present in homes and businesses. Its software allows you to transform any device (server, computer, router, IoT devices, etc.) into one of the nodes of the Cubbit network."
Additionally, Cubbit's distributed cloud relies on recycled and dedicated computing and storage resources, helping to optimize enterprise and enterprise infrastructure at a fraction of the cost of traditional cloud providers, the company said in today's release.
INVESTMENTS
“In 2018, the Bolognese startup was accelerated by Techstars in Tel Aviv, the following year it raised 1 million from a crowdfunding campaign on Kickstarter and Indiegogo and in 2020 2 million by winning the Sme Instrument Phase 2 of the European Union Horizon tender 2020” summarizes the Corriere della Sera .
In 2021 Cubbit closed a round of 7 million euros of financing, of which 3.5 million euros in capital increase (2.4 million in participatory financial instruments and 1.1 million in debt), wrote Il Sole 24 Ore .
To date it has raised more than 12 million euros in investments and boasts customers in over 70 countries, with more than 5000 active nodes. In 2022, the company launched Next Generation Cloud (NGC), the first geo-distributed cloud product for businesses and institutions of all sizes, the website says.
GAIA-X PARTNER
Cubbit is also a partner of Gaia-X , the association created with the aim of creating a federated cloud services infrastructure at European level.
BOLOGNA AIRPORT, CNP VITA (UNICREDIT), GRANAROLO AND LEONARDO AMONG THE CUSTOMERS
In 2022 it launched its B2B solution, which now has more than 170 client companies including Bologna Marconi Airport, Amadori, Bonfiglioli, CNP Vita (UniCredit Group), Granarolo, Leonardo and SCM Group.
THE SAVINGS COMPARED TO BIG GUYS SUCH AS AWS, AZURE AND GOOGLE CLOUD
Thanks to Cubbit's solution, Italian PAs could save up to 80% in securing their data, the Bolognese company assures.
There are two pillars of Cubbit's strategy: a network of geo-distributed data centers to "secure" public data and a commercial proposal which – Corcom recently reports – allows savings of up to 50% compared to Aruba and up to 80% compared to AWS, Azure and Google Cloud. All with a strong focus on eco-sustainability: according to data provided by Cubbit, savings in terms of CO2 reach 25 kg per year per Terabyte stored.
THE PARTNERS
Cubbit's partners include: Marco Moschettini, Stefano Onofri, Alessandro Cillario, Lorenzo Posani, Alessio Paccoia, Primo Ventures Sgr Spa, Niccolò Manaresi, Alessandro Fiorentino, Swarm Angeles Srl, Gellify Digital Investment srl, Azimut Libera Impresa Sgr Spa, Globe 2017 srl and Cdp Venture Capital Sgr Spa.
THE BOARD
The board of directors consists of Alessandro Cillario (co-CEO), Marco Moschettini, Lorenzo Posani, Gianluca Dettori (President of Primo Ventures), Fabio Nalucci (CEO of Gellify) and Mario Scuderi (Managing Partner of Cdp).
THE NUMBERS OF THE LAST TWO YEARS
Cubbit has 20 employees. The value of production as of 31 December 2022 was 459 thousand euros. A sharp drop compared to 2021 when it recorded a production value of 1.9 million euros. Costs remain almost unchanged: 3.1 million in 2022 compared to 3.3 million in 2021.
The company closed the 2022 financial year at a loss: the red amounted to 2.6 million euros, an increase compared to the previous financial year's loss of 1.3 million euros.
Net financial debt is equal to 1.4 million euros, an increase (greater debt) compared to the previous year (622 thousand euros). During 2022, the company made investments in intangible and tangible assets for a total amount of 69 thousand euros (down from 89 thousand euros in 2021).
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/innovazione/tutto-su-cubbit-lazienda-con-cui-leonardo-lavorera-al-primo-cloud-superprotetto/ on Sun, 01 Oct 2023 15:14:04 +0000.