BlueArc also provided an insight into its ongoing efforts to become a public company at today's event. "We went a little quiet here in the last year, in large part because of our S-1 process," explained Gustafson, adding that the vendor is still in the throes its IPO effort.
"We're absolutely in registration, we're proceeding down the path to IPO," he said, explaining that the firm is currently filing the third amendment to its S-1. "Make no mistake, we're on the path and executing well -- as publicly stated, two quarters ago our run rate on a go-forward basis was over $60 million."
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