| Linux cluster startup secures $3 million funding |
Feb. 28, 2007
Terascala Inc., a startup developing a next-generation Linux storage cluster architecture, announced today that it has secured $3 million in first round funding from Ascent Venture Partners. The company's initial product offering is "powerful, efficient, managed computing and storage Blades."
Each blade contains eight hot-swappable 500 or 750GB disk drives, hardware RAID, an AMD Opteron multi-core processor, and high performance network connections. All together, 150TB (terabytes) of data storage can be configured in a single industry-standard rack, with over 50 racks or 7500TB supported in a single cluster.
Besides a high density of storage, the company is also working on power efficiency in a common architecture. The blade cluster architecture is designed for high performance computing, Web 2.0, and server virtualization applications.
Terascala plans to use the capital to accelerate its sales and marketing activities, and to increase its manufacturing capabilities as it continues to ship beta versions of its product, the company said.
Terascala CEO Larry Genovesi stated, "Organizations worldwide are just beginning to look to high performance computing clusters to run commercial applications, and we believe the time is right for a new clustered blade architecture that meets the requirements of this rapidly growing market."
Before founding Terascale, Genovesi was the founder, president, and CEO of Network Engines Inc., which developed one of the industry's first 1U servers designed for Internet content delivery. That company eventually went public, in 2000, with a $117 million IPO (initial public offering).
"Terascala has a solid management team with extensive experience in starting new technology companies and managing growth," commented Christopher W. Dick, managing director of Ascent Venture Partners. "Ascent has had a relationship with the Terascala founders since our initial investment in Network Engines and we are very enthusiastic about working with the team as they develop new solutions for the high performance computing market."
For further information, visit Terascala's website.
-- Steven J. Vaughan-Nichols
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