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Mendocino Software has closed an $18 million second round of funding as it prepares to launch its continuous data protection (CDP) product through EMC Corp. (NYSE: EMC) and other OEM partners (see Mendocino Bags $18M).
The funding brings Mendocino's total to $33 million since its founding in March 2003 (see Mendocino Scores $15M).
Unannounced OEM deals likely helped Mendocino convince VCs to open their checkbooks this time. Industry sources say EMC will use Mendocinos second-generation technology as a key piece of the CDP initiative it announced last month at its analyst day (see CDP: An OEM Game and EMC Casts Wider Net). EMC is expected to announce its CDP product in October.
Although Mendocino still wont comment on the EMC deal, marketing VP Eric Burgener says the startup has secured several major OEM deals. There are others we have already signed, and we are continuing to pursue additional ones, he says.
Burgener says Mendocino has been beefing up its tech support staff to prepare for its OEM deals and is now searching for channel managers. The companys headcount is at 63.
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