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Brocade Founder Has New InMage

One of the guys who launched Brocade Communications Systems Inc. (Nasdaq: BRCD) is a founding father again. This time, Kumar Malavalli has shifted his sights to software with a new backup and replication startup (see Kumar Malavalli, Cofounder, Brocade Communications and Top Ten Storage Networking Stars).

Malavalli, who helped launch Brocade in 1995 and take it public in 1999, today revealed he is CEO and major financial backer in Santa Clara, Calif.-based InMage Systems Inc. The name is short for Information Management, which gives a hint about the companys product.

“This is my second baby after Brocade,” Malavalli says.

He kept this baby under wraps for a long time and still hasn’t totally uncovered it. Malavalli says he actually started the company in late 2001 with $1.3 million of his money, securing another $6 million last December from Hummer Winblad Venture Partners.

Malavalli says InMage’s software is already being used by three paying customers. It won’t become generally available until next year, though, and Malavalli says he still considers InMage in stealth. Malavalli says his unnamed customers are helping to “validate and define” the software, which means it will probably be modified before general availability.

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