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NextGig Gets Going

Startup gets $15M to develop storage accleration appliances

NextGig Inc. has raised $15 million in a first round of funding from ComVentures and Doll Capital Management (DCM), to develop storage acceleration technology.

Based in San Diego, NextGig is still in stealth mode and unavailable for comment on its plans at this time. But heres what we've found out:

According to its Website, it was founded in early 2001, "to develop database infrastructure products that enhance overall data center performance and enable next-generation applications." (eh?)

Exactly, not much to go on there. It says this initial offering will be the first in a series of products that will address a variety of database issues, including performance, availability, customer ROI, and ease of installation. It plans to unveil the first product mid-2002.

A bigger clue to NextGig’s gig is its carefully selected team of executives and engineers.

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