InterSAN Secures $7.8 Million in First Venture Round to Define New Class Of Storage Area Management

Storage Pioneer Supported by Wit SoundView Ventures, Morgan Keegan & Company,

Alliance Ventures, and Storage Luminaries



Apr 30, 2001, 01:00 ET from InterSAN, Inc.

    SCOTTS VALLEY, Calif., April 30 /PRNewswire/ -- InterSAN(TM), a pioneer in
 the new field of applications-based Storage Area Management (SAM) software,
 announced today that it has received $7.8 million in its first round of
 venture funding.  The round was led by Wit SoundView Ventures, and includes
 Alliance Ventures, Morgan Keegan & Company, and storage luminaries such as
 Kumar Malavalli, co-founder and vice president of technology of
 Brocade Communications Systems, Inc.  InterSAN's SAM software enables
 companies to dramatically reduce the cost and complexity of managing large
 mixed-vendor storage networks.  The solution is designed for Global 2000
 Enterprises to maximize the benefits of heterogeneous storage networks.
 InterSAN will use the funding to complete product development and deploy its
 applications-based SAM solution with bellwether beta customers.
     A study in late 2000 by EMC and the School of Information Management and
 Systems at UC-Berkeley reported that the world would generate
 12 billion gigabytes of data over the next two and a half years. InterSAN is
 poised to lead the SAM market with its patent-pending Virtual Private
 DataPath(TM) (VPD) technology, which establishes and manages the relationship
 between an application, its storage, and everything in between.  With VPD
 technology, InterSAN abstracts complex, heterogeneous storage networking
 resources allowing customers to efficiently provision, manage, and monitor all
 storage resources required by an application based on service levels.
 InterSAN's scalable architecture provides unified management of globally
 distributed multi-protocol storage networks.
     Founded by storage software executives Chris Melville and
 Christina Mercier in January 2000, InterSAN has built a strong team of more
 than 30 storage professionals with 15 years of industry experience on average.
 
     Broad Industry Endorsement
     InterSAN has received broad support from storage leaders.  Based on a
 strategic vision of supporting heterogeneous storage networks, InterSAN has
 already secured 10 strategic partnerships with the world's leading storage
 networking vendors.  InterSAN is an active participant in industry standards
 organizations, including the Storage Networking Industry Association (SNIA),
 the Fibre Channel Industry Association (FCIA), the FibreAlliance, and the
 Distributed Management Task Force (DMTF).
     "As large enterprises race to deploy networked storage infrastructure,
 they are faced with new management challenges," said Ned Carlson, senior
 vice president of Wit SoundView Ventures.  "We're delighted to support this
 storage management pioneer as they introduce a new class of management
 products that dramatically reduce the costs of managing storage networks."
 With this round of funding Carlson joins the InterSAN board of directors.
     "Today's IT managers must begin to concentrate on Storage Area Management
 -- the centralized management of applications' data and resources across
 storage domains," said Nick Allen, vice president and research director for
 Gartner Inc. "Storage Area Management will determine the long-term scalability
 of storage operations.  It's not about storage network devices, it's about
 management and relating in terms of applications."
     "We're excited about the broad industry endorsements we've received for
 our unique approach to Storage Area Management.  With top-tier venture
 community backing, an experienced storage team, and our patent-pending
 Virtual Private DataPath technology, we will enable large enterprises to
 unlock the full power and potential of their storage networks," said Chris
 Melville,
 co-founder, president, and CEO of InterSAN.
 
     About InterSAN
     InterSAN, Inc. (Scotts Valley, Calif.) is the pioneer of
 applications-based Storage Area Management (SAM) software that enables
 enterprises to fully exploit the benefits of large heterogeneous storage
 networks.  Based on its unique Virtual Private DataPath (VPD) technology, the
 InterSAN solution provides improved application availability, data security,
 and service level management.  By centralizing and automating management of
 complex storage networking infrastructure, InterSAN's solution improves
 operational efficiency and business scalability for large enterprises.  For
 more information about InterSAN, call 831-430-0692 or visit the website at
 www.intersan.net.
 
     NOTE:  InterSAN, "Virtual Private DataPath," and the InterSAN logo are
 trademarks of InterSAN in the United States and other countries.  All other
 company and product names mentioned are the trademarks or registered
 trademarks of their respective companies.
 
                      MAKE YOUR OPINION COUNT - Click Here
                http://tbutton.prnewswire.com/prn/11690X32622836
 
 

SOURCE InterSAN, Inc.
    SCOTTS VALLEY, Calif., April 30 /PRNewswire/ -- InterSAN(TM), a pioneer in
 the new field of applications-based Storage Area Management (SAM) software,
 announced today that it has received $7.8 million in its first round of
 venture funding.  The round was led by Wit SoundView Ventures, and includes
 Alliance Ventures, Morgan Keegan & Company, and storage luminaries such as
 Kumar Malavalli, co-founder and vice president of technology of
 Brocade Communications Systems, Inc.  InterSAN's SAM software enables
 companies to dramatically reduce the cost and complexity of managing large
 mixed-vendor storage networks.  The solution is designed for Global 2000
 Enterprises to maximize the benefits of heterogeneous storage networks.
 InterSAN will use the funding to complete product development and deploy its
 applications-based SAM solution with bellwether beta customers.
     A study in late 2000 by EMC and the School of Information Management and
 Systems at UC-Berkeley reported that the world would generate
 12 billion gigabytes of data over the next two and a half years. InterSAN is
 poised to lead the SAM market with its patent-pending Virtual Private
 DataPath(TM) (VPD) technology, which establishes and manages the relationship
 between an application, its storage, and everything in between.  With VPD
 technology, InterSAN abstracts complex, heterogeneous storage networking
 resources allowing customers to efficiently provision, manage, and monitor all
 storage resources required by an application based on service levels.
 InterSAN's scalable architecture provides unified management of globally
 distributed multi-protocol storage networks.
     Founded by storage software executives Chris Melville and
 Christina Mercier in January 2000, InterSAN has built a strong team of more
 than 30 storage professionals with 15 years of industry experience on average.
 
     Broad Industry Endorsement
     InterSAN has received broad support from storage leaders.  Based on a
 strategic vision of supporting heterogeneous storage networks, InterSAN has
 already secured 10 strategic partnerships with the world's leading storage
 networking vendors.  InterSAN is an active participant in industry standards
 organizations, including the Storage Networking Industry Association (SNIA),
 the Fibre Channel Industry Association (FCIA), the FibreAlliance, and the
 Distributed Management Task Force (DMTF).
     "As large enterprises race to deploy networked storage infrastructure,
 they are faced with new management challenges," said Ned Carlson, senior
 vice president of Wit SoundView Ventures.  "We're delighted to support this
 storage management pioneer as they introduce a new class of management
 products that dramatically reduce the costs of managing storage networks."
 With this round of funding Carlson joins the InterSAN board of directors.
     "Today's IT managers must begin to concentrate on Storage Area Management
 -- the centralized management of applications' data and resources across
 storage domains," said Nick Allen, vice president and research director for
 Gartner Inc. "Storage Area Management will determine the long-term scalability
 of storage operations.  It's not about storage network devices, it's about
 management and relating in terms of applications."
     "We're excited about the broad industry endorsements we've received for
 our unique approach to Storage Area Management.  With top-tier venture
 community backing, an experienced storage team, and our patent-pending
 Virtual Private DataPath technology, we will enable large enterprises to
 unlock the full power and potential of their storage networks," said Chris
 Melville,
 co-founder, president, and CEO of InterSAN.
 
     About InterSAN
     InterSAN, Inc. (Scotts Valley, Calif.) is the pioneer of
 applications-based Storage Area Management (SAM) software that enables
 enterprises to fully exploit the benefits of large heterogeneous storage
 networks.  Based on its unique Virtual Private DataPath (VPD) technology, the
 InterSAN solution provides improved application availability, data security,
 and service level management.  By centralizing and automating management of
 complex storage networking infrastructure, InterSAN's solution improves
 operational efficiency and business scalability for large enterprises.  For
 more information about InterSAN, call 831-430-0692 or visit the website at
 www.intersan.net.
 
     NOTE:  InterSAN, "Virtual Private DataPath," and the InterSAN logo are
 trademarks of InterSAN in the United States and other countries.  All other
 company and product names mentioned are the trademarks or registered
 trademarks of their respective companies.
 
                      MAKE YOUR OPINION COUNT - Click Here
                http://tbutton.prnewswire.com/prn/11690X32622836
 
 SOURCE  InterSAN, Inc.