Network Computing is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Agami Sorts Cash Issues: Page 3 of 3

The startup, which unlike rival Isilon, targets the mainstream NAS markets as opposed to specific niches, is not planning any major changes in strategy post-Series C, according to Deane. (See Isilon: The Honeymoon's Over.) "This is just a natural progression for the company," she says.

The exec was less forthcoming on the identities of the firms involved in the latest funding round, although one analyst told Byte and Switch that existing backers Kleiner Perkins Caufield & Byers and New Enterprise Associates are likely to be involved. "I wouldn't be surprised -- [Agami] have got some big money VCs involved that have held on to the company through serial transformations," he says. "Now that they have finally got something that is saleable, they wouldn't back away."

Agami has not yet revealed its plans for replacing Seniff, something which at least one analyst feels could make potential investors jittery. "There's a hole in the line-up," says the analyst, who asked not to be named. "It would make me feel a little queasy."

James Rogers, Senior Editor Byte and Switch

  • Agami Systems Inc.
  • EMC Corp. (NYSE: EMC)
  • Isilon Systems Inc. (Nasdaq: ISLN)
  • Kleiner Perkins Caufield & Byers
  • Network Appliance Inc. (Nasdaq: NTAP)
  • New Enterprise Associates (NEA)