IP Storage Innovator, Intransa, Receives New Round of Funding
Guggenheim Venture Partners major investor in 10GbE IP storage leader
SAN JOSE, California — November 13, 2006
Intransa, the global innovator of network-centric IP storage solutions, today announced a major new investment round led by Guggenheim Venture Partners. Also participating are Menlo Ventures and U.S. Venture Partners.
“Intransa's leadership in scalable, cost effective and easy-to-manage IP storage is well known,” said F. Javier Fernandez, Ph.D. Managing Director, at Guggenheim Venture Partners, based in King of Prussia, Pennsylvania. “And we think that their latest breakthrough in storage networking technology, which Intransa will be introducing over the coming months, represents a solution that will enable customers to experience a new level of performance not available from any other storage vendor.”
Intransa's newest storage technology will be on display at the Super Computing (SC06) International Conference for High Performance Computing, Networking, Storage and Analysis, to be held November 11-17 in Tampa, Florida. The company will be showing off its unprecedented 20Gb backplane for the first time, featuring the dual, active-active 10GbE interconnects. With this advanced capability, Intransa continues to demonstrate its scalability and leadership in the growing IP storage market and dominance of the emerging 10GbE market.
“Intransa's scalable IP storage solutions are leading the way for many companies to cost effectively move from direct attached storage and gain built-in investment protection,” commented Thomas Alexander, CEO of Intransa. “This new round of funding led by Guggenheim Venture Partners allows us to accelerate deployment of our 10GbE storage solutions and better meet the needs of customers around the world who require affordable, scalable and easy-to-deploy and manage storage solutions.”
Overall, Intransa continues to lead the shift in the storage industry towards IP. With more than 100% year-over-year sales growth, Intransa has shipped over 1.3 petabytes to customers worldwide. The company's product portfolio, software partnerships and key distribution agreements combine to unleash the use of intelligent IP technology. Intransa's customers include a wide range of verticals and markets such as aerospace, computer services, digital entertainment, education, financial services, geosciences, government, human resources, life sciences, manufacturing, telecommunications, and transportation.
Guggenheim Venture Partners' Fernandez agrees. “Intransa's customers will benefit from the unmatched performance delivered by the 20Gb backplane. The company now offers not only the fastest and most scalable storage technology to the marketplace, but more importantly that technology forms the basis of powerful business solutions to real world problems.”
Intransa products and solutions are available from the company's direct sales force, OEM partners, and IntraStar Partner systems integrators worldwide.
About Guggenheim Venture Partners
Guggenheim Venture Partners is a subsidiary of Guggenheim Partners Partners, LLC, a global diversified financial services firm with wealth management, capital markets, investment management and proprietary investing businesses. Guggenheim Partners' are an elite mix of individuals, family office, endowments, foundations, insurance companies, pension plans, and other institutions that together have entrusted Guggenheim with supervision of more than $110 billion assets. Office locations include New York, Chicago, Los Angeles, Miami, Boston, Philadelphia, St. Louis, Houston, London, Hong Kong and Geneva. Additional information can be found at: www.guggenheimpartners.com
About Intransa
Intransa, Inc. is the leading innovator of simple, green Video Data Management and Retention (VDMR) solutions for future-proof, affordable surveillance and other physical security requirements.
The Intransa VideoAppliance™ family comes ready-to-run, eliminating the complexity, cost and ongoing support challenge of integrating commodity hardware with video management systems. Each appliance comes preloaded with the choice of leading video management system, including those from Exacq Technologies, Genetec Omnicast, JDS Digital Security Systems, Milestone Systems and On-Net Surveillance Systems, Inc. (OnSSI).
Intransa solutions are ideal for new IP solutions in support of cameras, open NVRs, VMS and PSIM systems, or to upgrade and extend the life of existing CCTV DVRs, improving video retention capacity and quality while eliminating the risk of lost recordings. All of our scalable and modular solutions cut electrical, heating and cooling consumption, shrink the amount of rack space and equipment needed, and reduce the purchase and operational cost of physical security systems.
Launched as a spin-off from Fortune 500 member and networking pioneer 3Com, our advanced, patented technology is certified with more than 150 physical security, imaging and technology products by the StorAlliance Technology Labs. Alliance products include DVRs, NVRs, video management systems, IP and megapixel surveillance cameras, physical security information managers, infrastructure, video analytics, utilities, authentication, access control, imaging, and biometrics.
Intransa supports industry standards and green technology, and are members of the Security Industry Association, the American Correctional Association, the National Retail Federation, the Green Grid consortium for advancing energy efficiency in computing ecosystems, and the Storage Networking Industry Association and its Green Storage Initiative. Intransa employees are also supporters and members of the American Society of Industrial Security (ASIS) International and the ASIS Physical Security Council.
Since 2003, Intransa solutions have benefited customers worldwide in an ever growing mix of hotels and casinos, correctional facilities, police departments and law enforcement agencies, financial institutions and insurance providers, airports, hospitals and medical centers, managed service providers, telecommunications vendors, retailers and shopping centers, auto dealers, transit authorities, ports and shipping hubs, pharmaceutical makers, Native American organizations, colleges, universities and school districts, digital entertainment providers, energy, utilities and resources companies, and a wide variety of government users.
For more information about Intransa, to locate an authorized dealer or integrator offering Intransa solutions, or to join the StorAlliance, please visit us at www.intransa.com.
Media contacts:
Kathleen Bermea-Sullivan
Ignite Public Relations & Investor Relations Consulting
Phone: +1 (720) 480-5501
E-mail:
Jeff N Whitney
Vice President, Marketing & Business Development,
Intransa, Inc.
Phone: +1 (408) 678-8719
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