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Investment to Help Expand Reach of Shared Internal Storage to Global Customer Base

Seanodes, which launched in the US at Storage Networking World in Dallas last month, has announced the closure of a $6.5 million funding round led by investment firm 123Venture and GALIA Gestion that will propel the company's rapid expansion of its Shared Internal Storage concept to customers worldwide. This round also includes initial investment firms ELAIA Ventures and IRDI/ICSO.

The additional funding will be used by Seanodes to continue research and development, expand marketing initiatives and increase its sales and support infrastructure in advance of the launch of its revolutionary Shared Internal Storage software technology that provides a new paradigm for commoditized infrastructures, combining the best elements of NAS, SAN and DAS to benefit users in a whole new way.

Seanodes software allows customers to intelligently increase storage capacity by re-claiming unused internal disk space within existing application servers and make that capacity available as a high performance virtualized storage pool, eliminating the need for costly and complex conventional SAN and NAS products. Seanodes' Shared Internal Storage enables full infrastructure consolidation, driving down both capital and operational costs by minimizing hardware expenditures, simplifying storage and server administration and reducing power and cooling expenses.



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