Data centers

04:00 AM
Connect Directly
RSS
E-Mail
50%
50%

Aristos Arrives

With $15.5M in funding, this startup's joined the pack developing network storage processors

Aristos Logic is the latest network storage processor startup to catch the eye of the VCs. It has raised $15.5 million in a Series B round led by J.P. Morgan & Co. and TPG Ventures. Quantum Technology Ventures also joined the round.

Based in Foothill Ranch, Calif., Aristos is building a system-on-chip (SoC) that it says collapses the control and management of storage disk drives, networked storage, RAID controllers, and I/O interface technologies into one ASIC (application-specific integrated circuit).

Dubbed FibreSlice, the chip is meant for use in network storage virtualization applications and will be complementary to products from companies like DataCore Software Corp., company officials said. The "A" List of potential customers includes storage subsystem vendors IBM Corp. (NYSE: IBM), Hewlett-Packard Co. (NYSE: HWP), Compaq Computer Corp. (NYSE: CPQ), EMC Corp. (NYSE: EMC), and Sun Microsystems Inc. (Nasdaq: SUNW) – as well as the incumbent and startup switch vendors.

Four out of five on the management team at Aristos hail from hard disk drive maker Western Digital Corp. (NYSE: WDC) – Anil Gupta, president & CEO; Vipul Mehta, VP of business development and marketing; William Ambrosius, VP of VLSI platform development; and Sanjay Mathur, VP of engineering.

The pedigree may be a bit mundane, but clearly the VCs are sold on the capabilities of the team. While Western Digital may not be the most exciting company on the planet, it has continued to make a profit this year, while other companies whose products are tied to the PC have almost uniformly reported terrible earnings.

Previous
1 of 2
Next
Comment  | 
Print  | 
More Insights
Hot Topics
11
Fall IT Events: On The Road Again With 10 Top Picks
James M. Connolly, Editor in Chief, The Enterprise Cloud Site,  7/29/2014
7
Have You Hugged Your Sysadmin Today?
Susan Fogarty, Editor in Chief,  7/25/2014
3
25 GbE: A Big Deal That Will Arrive
Greg Ferro, Network Architect & Blogger,  7/29/2014
White Papers
Register for Network Computing Newsletters
Cartoon
Current Issue
2014 Private Cloud Survey
2014 Private Cloud Survey
Respondents are on a roll: 53% brought their private clouds from concept to production in less than one year, and 60% ­extend their clouds across multiple datacenters. But expertise is scarce, with 51% saying acquiring skilled employees is a roadblock.
Video
Slideshows
Twitter Feed