Networked Storage Companies Still Rolling - InformationWeek

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Networked Storage Companies Still Rolling

The networked storage industry can't be considered among those struggling for attention and capital in this slumping economy.

Pirus Networks last week led the way in this sector with a $9.5 million second round of funding. Pirus, which sells a bulked-up IP switch that can bridge multiple, disparate networks, got the cash from Jafco Ventures to bolster marketing and support. Veritas Software, one of the largest storage-management software vendors, helped fund Pirus' first round.

Tony Prigmore, an analyst at Enterprise Storage Group, says many vendors talk about moving storage over existing IP networks, but Pirus is out front in combining heavy traffic and high performance. "Most customers have a lot of networks, like the LAN, the SAN, and the metropolitan area network," Prigmore says, "and Pirus could be the aggregation point for disparate technologies."

Among the busy Pirus competitors, Nishan Systems last week lined up heavyweight partners, including Dell Computer and IBM, to support a new storage network across the United States. Spanning that distance requires the convergence of Fibre Channel-based SANs' high performance and the long reach of an IP network.

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