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| Exanet Raises $18M in Round of Financing Exanet has secured $18 million in its recent oversubscribed round of financing. Exanet's current investors include Evergreen Venture Partners, Intel Capital, Microdent, Kodak Polychrome Graphics, CSK Fund (Hitachi) and others. The latest round was led by US fund Coral Capital Management and included QVT Fund LP, a multi-strategy hedge fund, as well as existing investors. Exanet's clustered NAS software is designed to address the trends driving the future of data centers: virtualisation, standardised hardware and applications demanding the most extreme standards of performance, capacity and high-availability. Exanet's software-based open architecture delivers dramatically increased utilisation and, for the first time, offers a no end-of-life storage solution. Exanet has been adopted by customers ranging from traditional enterprises, such as manufacturing and graphic arts, to next generation ventures including telecommunications, active archiving, digital broadcasting, video surveillance and storage service providers. Some 100 customers worldwide manage over three petabytes of content using Exanet software. With headquarters in Israel, US headquarters in New York and offices in Europe and the Pacific Rim, Exanet sells its flagship ExaStore – ICM (Intelligent Cluster Management) solution through its channel partners worldwide. write your comments about the article :: © 2007 Networking News :: home page |