"We're still hiring the management team, so we can't say too much more about who's on board yet," Divatia says. He also acknowledges the rest of the firm's just starting out. "We're in complete ramp-up mode. We just hired twenty people."
Divatia came to Cisco when that company purchased PipeLinks Inc., a Sonet/SDH router company he helped to found, for about $126 million early in 1999. Prior to PipeLinks, Divatia worked at 3Com Corp. (Nasdaq: COMS), Advanced Micro Devices (NYSE: AMD), and Allied Telesyn.
Divatia says Aarohi wasn't seeking publicity at this time, that its cover was broken inadvertently by announcements in various venture capital news publications early this week. Even so, the company's clearly not alone. Just last month, startup Silverback Systems Inc. garnered $15 million in funding for storage chips designed for host bus adapters, storage arrays, and routers or switches geared to storage networking (see Silverback Emerges From the Mist).
Another startup, Trebia Networks Inc., in July announced $40 million in funding for storage network processor chips (see Trebia's $40M Secret). And semiconductor startup Chelsio Communications puts "storage routers" at the top of the list of devices it hopes to supply.
Intel Corp. (Nasdaq: INTC) also is said to be interested in this area. And Adaptec Inc. (Nasdaq: ADPT) scarfed up chips from startup Platys Communications Inc. for use in future products (see Adaptec Pockets Platys).
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