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 shared, scalable and simple external IP storage solutions for video and IT storage. Based in San Jose, CA, Intransa offers scalable, high performance security-grade storage with outstanding availability and price/performance, with built in Set-and-Forget Management for proven ease of use.
Beginning as a 3Com spin-off, Intransa has been shipping shared IP network storage solutions since 2003. Intransa IP storage is available worldwide through authorized StorPartner security and systems integrators. Intransa is an Axis Communications Applications Development Partner, Cisco Ecosystem Provider, Microsoft Gold Certified Partner, and VMware Technology Alliance Partner along with many other industry partnerships through our StorAlliance Technology Partner program.
For more information about Intransa and our industry-leading sharable, scalable and simple external IP storage solutions, to locate a StorPartner security and systems integrator, or to join the StorAlliance Technology Partner program, please visit us at www.intransa.com.
Intransa, EdgeBlock, BuildingBlock, PerformanceBlock, Security-Grade IP Video Storage, DynaStac, StorStac OS, StorManager, StorStac Snapshot, StorAR, StorCluster, the 3Rs for Video, the 3Ss of IP Storage, Set-and-Forget Management, StorSupport, StorWarranty, StorAlliance and StorPartner are registered names and trademarks of Intransa, Inc. All others are the property of their respective holders.
Media contact:
Kathleen Bermea-Sullivan
Ignite Public Relations & Investor Relations Consulting
Phone: +1 (303) 439-9365
www.igniteconsultinginc.com
E-mail: kathleen@igniteconsultinginc.com