It had been rumored that Agami clinched a $13 million Series C a month ago, although Deane told Byte and Switch that this process is actually still ongoing. "We're still finishing that," she says. "I believe that it's probably going to be a little more [than $13 million] although I don't know the exact numbers at this point in time."
The exec also denied any suggestion that the vendor was running out of cash. "This money is purely for expansion of the company," she says, explaining that Agami wants to bolster its 120-strong workforce. "We're looking to add to that, most definitely in the sales and marketing area."
There had been speculation that Agami would struggle in the face of established NAS vendors, although Deane told Byte and Switch that the startup's list of customers has tripled in the last year. From just 20 customers in May 2006, Agami now has around 65 customers and 150 installed systems, according to the exec. (See Agami Claims 50 Customers.)
Only a handful of these firms have been made public, although Agami's NAS devices are used within the science department at Carnegie Mellon University, San Luis Diagnostic Center in California, and at call center specialist Merced Systems.
Last month the vendor also added iSCSI support to its NAS hardware in an attempt to tap into growing demand for the protocol, which is growing in popularity as a cheaper alternative to Fibre Channel. (See Agami Hauls Hybrid Storage, The iSCSI Subtext to 10-GigE, and Virtual Iron Dangles iSCSI Savings.)
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