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Isilon Snags $8.4M: Page 2 of 2

Sounds terrific. But given the current market slowdown, just how many more startups building “massively scaleable distributed storage systems” can the market support? Most of the companies in the Byte and Switch Top 10 list have similar objectives (see Top Ten Private Storage Networking Companies). Indeed, the venture capital community has flooded this sector, with better than $2 billion invested so far (see Venture Capital Survey). Add to this, the ongoing developments of more established players such as EMC Corp. (NYSE: EMC).

This hasn’t put off Isilon. While at RealNetworks (NASDAQ: RNWK), Sujal Patel, now founder and CTO of Isilon, says he saw many content delivery companies “struggle with the limited scaleability and high cost of existing storage solutions... Our solution, unlike anything else currently available, directly addresses these problems.”

— Jo Maitland, Senior Editor, Byte and Switch http://www.byteandswitch.com