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To: DJBEINO who wrote (9307)	4/30/2001 10:26:29 AM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

InterSAN a New investment by Alliance Ventures: InterSAN Secures $7.8 Million in First Venture Round to Define New Class Of Storage Area Management Storage Pioneer Supported by Wit SoundView Ventures, Morgan Keegan & Company, Alliance Ventures, and Storage Luminaries SCOTTS VALLEY, Calif., April 30 /PRNewswire/ -- InterSAN(TM), a pioneer in the new field of applications-based Storage Area Management (SAM) software, announced today that it has received $7.8 million in its first round of venture funding. The round was led by Wit SoundView Ventures, and includes Alliance Ventures, Morgan Keegan & Company, and storage luminaries such as Kumar Malavalli, co-founder and vice president of technology of Brocade Communications Systems, Inc. InterSAN's SAM software enables companies to dramatically reduce the cost and complexity of managing large mixed-vendor storage networks. The solution is designed for Global 2000 Enterprises to maximize the benefits of heterogeneous storage networks. InterSAN will use the funding to complete product development and deploy its applications-based SAM solution with bellwether beta customers. A study in late 2000 by EMC and the School of Information Management and Systems at UC-Berkeley reported that the world would generate 12 billion gigabytes of data over the next two and a half years. InterSAN is poised to lead the SAM market with its patent-pending Virtual Private DataPath(TM) (VPD) technology, which establishes and manages the relationship between an application, its storage, and everything in between. With VPD technology, InterSAN abstracts complex, heterogeneous storage networking resources allowing customers to efficiently provision, manage, and monitor all storage resources required by an application based on service levels. InterSAN's scalable architecture provides unified management of globally distributed multi-protocol storage networks. Founded by storage software executives Chris Melville and Christina Mercier in January 2000, InterSAN has built a strong team of more than 30 storage professionals with 15 years of industry experience on average. Broad Industry Endorsement InterSAN has received broad support from storage leaders. Based on a strategic vision of supporting heterogeneous storage networks, InterSAN has already secured 10 strategic partnerships with the world's leading storage networking vendors. InterSAN is an active participant in industry standards organizations, including the Storage Networking Industry Association (SNIA), the Fibre Channel Industry Association (FCIA), the FibreAlliance, and the Distributed Management Task Force (DMTF). ``As large enterprises race to deploy networked storage infrastructure, they are faced with new management challenges,'' said Ned Carlson, senior vice president of Wit SoundView Ventures. ``We're delighted to support this storage management pioneer as they introduce a new class of management products that dramatically reduce the costs of managing storage networks.'' With this round of funding Carlson joins the InterSAN board of directors. ``Today's IT managers must begin to concentrate on Storage Area Management -- the centralized management of applications' data and resources across storage domains,'' said Nick Allen, vice president and research director for Gartner Inc. ``Storage Area Management will determine the long-term scalability of storage operations. It's not about storage network devices, it's about management and relating in terms of applications.'' ``We're excited about the broad industry endorsements we've received for our unique approach to Storage Area Management. With top-tier venture community backing, an experienced storage team, and our patent-pending Virtual Private DataPath technology, we will enable large enterprises to unlock the full power and potential of their storage networks,'' said Chris Melville, co-founder, president, and CEO of InterSAN. About InterSAN InterSAN, Inc. (Scotts Valley, Calif.) is the pioneer of applications-based Storage Area Management (SAM) software that enables enterprises to fully exploit the benefits of large heterogeneous storage networks. Based on its unique Virtual Private DataPath (VPD) technology, the InterSAN solution provides improved application availability, data security, and service level management. By centralizing and automating management of complex storage networking infrastructure, InterSAN's solution improves operational efficiency and business scalability for large enterprises. For more information about InterSAN, call 831-430-0692 or visit the website at www.intersan.net. biz.yahoo.com