Thursday, March 27, 2008

Gear6 delivers scalable, centralized storage caching solutions secured a $10 million dollar financing

What Company Is Offering:
Gear6 delivers scalable, centralized storage caching solutions that dramatically improve application performance while reducing total storage costs. By eliminating shared I/O bottlenecks, Gear6 appliances accelerate data center I/O performance and increase server utilization levels to help companies maximize storage and server investments. Gear6 provides unprecedented visibility into how application workloads are influenced by server virtualization, clustered computing and web-scale environments to dynamically improve and manage sustainable I/O performance, even under peak load conditions. The company's CACHEfx appliances provide real-time data delivery to Fortune 1000 customers in industries ranging from financial services to energy to animation.

How Much They Got From VCs:
Gear6, accelerating I/O for real time application performance, announced it has secured a $10 million dollar financing round led by Horizon Ventures. Existing investors U.S. Venture Partners and InterWest Partners also participated in the round. The funds will be used to bolster the company's market expansion being fueled by increasing demand for its CACHEfx line of scalable caching appliances. Centralized storage caching is rapidly emerging as the most simple and cost-effective way to increase data center application performance while dramatically reducing total storage costs.

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