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To: Roy Sardina who wrote (14639)2/23/1998 9:43:00 AM
From: Neil S  Respond to of 29386
 
Brocade Communications Financing


Round Date Shares Price $ Raised From Source

1 95 $1,800,000 VC/P

2 9/95 $3,500,000 VC

3 1/97 $10,000,000 VC/ P

4 11/97 $21,000,000 VC/P

Total = $36,300,000 in 4 rounds.

Source: Red Herring, Company PR
Venture Cap, Private

The above is based on my notes of public records.

Neil





To: Roy Sardina who wrote (14639)2/24/1998 1:50:00 AM
From: Kerry Lee  Read Replies (3) | Respond to of 29386
 
Roy, thanks for explaining your sources. At first I was blown away with the amount of competitive info you shared on your former company in light of the trend towards employers who sue former employees ( eg General Motors going after Ignatio Lopez )who end up working for their competitors. I am relieved for your sake that your "G-2" is gleaned from Industry sources outside of your former employer.

On a separate post, you made the following statement about Brocade:

<<Their FC-AL product notwithstanding they tend to build good boxes and on time>>

What did you mean by "their FC-AL product notwithstanding"? Are you implying that Brocade is having problems in their making good on their promised delivery date(s) for Arbitrated Loop, technical/interoperabiltiy problems , architecural/design issues OR all of the above?