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Atrato Launched

DENVER -- Atrato, Inc (www.atrato-Inc.com) today announced the official launch of the company and initial details of their breakthrough technology, a high-performance storage platform that is designed to eliminate the barriers to high-speed / high-volume data access, unlocking revenue and opportunities for a range of applications and industries.

Atrato also announced its $18 million in initial funding and strong lineup of backers, including influential industry leaders who serve as investors and
advisors:

  • Jesse Aweida, Aweida Venture Partners, founder and former
    president / CEO of StorageTek
  • Tom Porter, formerly CTO, Seagate and IBM storage executive
  • Gary Gentry, SVP Maxtor, Seagate
  • Dick Blaschke, an IBM and EMC veteran

"While the storage industry has spent billions on R&D, creating highly dense and scalable systems, there has been little progress in the development of high-performance storage platforms to keep up with the increasing demands of digital content and data on-demand," said Jesse Aweida, general partner of Aweida Venture Partners and founder of StorageTek. "The I/O bottleneck between storage and servers is the final remaining obstacle to unlocking a world of revenue, applications, and end user fulfillment. Atrato's distinctive ability and technology know-how will change the traditional mindset of storage by providing the highest performance storage platform in a secure environment."

Atrato Inc.