International Investor Adds $2.7 Million to Intransa
Entrepia Ventures invests, gains board seat
SAN JOSE, California — April 2, 2007
Intransa, the global innovator of network-centric IP storage solutions, today announced new funding from international investor Entrepia Ventures.
“This completes our current financing effort,” stated Bud Broomhead, CEO of Intransa. “I am extremely excited about having a global investor like Entrepia join Intransa, demonstrating the growing impact of our technology worldwide.” Intransa received additional investment in the fourth quarter of 2006 from Guggenheim Venture Partners, Menlo Ventures and US Venture Partners, for a combined total of more than $12 million.
Entrepia president Amit Srivastava joins the Intransa board of directors following this investment. “Intransa‘s next generation IP storage technology is already being adopted by customers in high growth markets such as video surveillance, IPTV, video on demand, medical imaging, and data warehousing,” said Srivastava. “Entrepia seeks to invest in companies with rapid growth potential, and only Intransa has the technology to address all these high growth markets and leverage their existing domestic and international customer base and partnerships to ensure success.”
Intransa has been shipping IP storage solutions since 2003 to customers around the world, and recently launched its latest generation systems, offering higher speed 2Gbit/second interfaces. A 10Gbit/second IP version, for ultra high performance requirements that exceed those previously addressed only by more costly and complex Fibre Channel systems, is in beta test with several customers.
“The new 2Gbit and 10Gbit technologies from Intransa enable a whole range of new applications that previously were limited by the cost and complexity of direct attached storage or Fibre Channel storage area networks,” continued Broomhead. “The ability to scale performance by adding additional Intransa storage controllers will meet a variety of application needs, while the matching ability to scale capacity independently by adding storage enclosures addresses an entirely different set of customer requirements. Of the vendors in the storage area network market, only Intransa truly offers that flexibility.”
Intransa sought additional funding to better enable the worldwide launch of its next generation IP SAN product, which became generally available in March. Additional research and development efforts continue as customers find new markets and opportunities to deploy Intransa‘s advanced, scalable IP SAN solutions, purchased through StorPartner program members worldwide.
About Entrepia
Entrepia Ventures offers venture capital financing for private, technology-based, expansion-stage companies that stand to benefit from market or technology affiliation with Japan. Operating out of offices in New York, San Jose, Montreal and Tokyo, the Entrepia Group actively helps generate international revenue for its portfolio companies by leveraging its access, hands-on approach, on-the-ground presence, and relationships in Asia. Increasingly recognized as the "Go-to-Japan" fund, Entrepia assists its portfolio companies to become more competitive and successful through incremental top-line growth. For more information, please visit www.entrepia.com.
About Intransa
Intransa, Inc. the VideoAppliance Company®, delivers simple and scalable installer-ready appliances, featuring patented optimization technology, purpose-built for physical security and industrial video needs. Each Intransa VideoAppliance™ sets up automatically, out of the box, in just minutes. This ground-breaking technology eliminates the complexity, cost and ongoing support challenge of integrating commodity servers, storage and hardware with video management systems and other physical security solutions. That's why Intransa VideoAppliance was named a 2009 New Product of the Year at ASIS International, and also one of the Top 30 Technology Innovations of 2009.
Intransa VideoAppliance™ platforms are jointly certified with the vendors of leading video management systems, including Axis Communications, Exacq Technologies, Genetec, JDS Digital Security Systems, March Networks, Milestone Systems, Pelco, On-Net Surveillance Systems, Inc. (OnSSI), Salient Systems, TimeSight Systems, videoNEXT and VideoProtein. The Intransa Technology Labs also ensures risk-free integration with a wide range of DVRs, NVRs, surveillance cameras, access control solutions, physical security information managers, life safety, video analytics, network intercom, authentication, biometrics, imaging and other physical security applications.
Our patented Video Data Management and Retention™ (VDMR) technology has benefited customers worldwide in retail, public safety and law enforcement, municipal government, gaming and hospitality, corrections, finance, transportation centers and airports, hospitals and medical centers, managed service providers, transit authorities, manufacturers, Native American organizations, colleges and school districts, utilities and resource companies, and a wide variety of government users.
Intransa supports industry standards and believes in the benefits of green technology. We are members and/or supporters of the Security Industry Association, the American Society of Industrial Security (ASIS) International, the Open Network Video Interface Forum (ONVIF), the Physical Security Interoperability Alliance (PSIA), the American Correctional Association, the National Retail Federation, US Green Building Council and its Leadership in Energy and Environmental Design (LEED) Green Building Rating System, The Green Grid consortium for advancing energy efficiency in computing ecosystems, and the Storage Networking Industry Association and are a founding member of its Green Storage Initiative.
For more information about Intransa, to locate an authorized distributor or certified integrator or dealer around the world, please visit us at www.intransa.com or www.videoappliance.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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