History 2004: Financial Rounds of 5 Storage Start-Ups

• Intransa, in IP SAN, secured a 4th financial round of $25 million, bringing its total equity investment to $74 million.
• D2D backup company Copan Systems has raised $25 million in a 2nd funding round, bringing total investment in the company to $39 million.
• Involved in shared data clustering software for Linux and Windows, PolyServe just rounded up $20 million in a 4th round of financing, bringing the 5-year-old company’s total funding to $63 million. 
• Sanrad, working in iSCSI virtualization switches, has closed an $8 million funding round, a portion of which must be used to move its WW headquarters from Israel to the Silicon Valley.
• Franco-American firm Arkeia Software has completed a $4 million round equity funding from 2 French banks. The company claims 4,000 customers for its Linux backup software. 

This article is an abstract of news published on issue 200 on September 2004 from the former paper version of Computer Data  Storage Newsletter.