History 2003: New Financial Rounds

New fundings:

• $20.7 million in a 2nd round for Revivio, involved in real-time backup appliance, for a total of $30.5 million.
• $20 million in a 3rd round for Netezza, in database accelerator appliance, bringing total financing to $53 million.
• $17 million for UK company KVS, which has enjoyed considerable success with its email archiving software, boasting nearly 500 customers and close to 3 million users licenses. Total financing to date is $37 million.
• $12 million in a 3rd round for StoneFly Networks, in IP-based storage provisioning appliances, bringing its total equity investment to $34 million.
• $10.5 million in a 2nd round after a $6 million 1st round for Nantero, a company developing high-density nonvolatile RAM based on nanotechnology.

This article is an abstract of news published on issue 188 on September 2003 from the former paper version of Computer Data Storage Newsletter.