Silverback Systems, a start-up based in Campbell, California, raised $15 million in third round funding. The company is developing IP-centric networked storage acceleration technology. Silverback's iSNAP (Storage Network Access Processor) is a turnkey hardware and software platform that can be deployed in any equipment that connects to a storage network including servers, host bus adapters, RAID arrays, NAS appliances, storage gateways, and virtualization boxes. All previous investors, which include Excelsior Venture Partners III LLC, Gemini Israel Fund, JP Morgan Partners, Newbury Ventures and Pitango Venture Capital, participated in the new round. To date, Silverback has raised $32.3 million in total funding.
http://www.silverbacksystems.com
- Silverback Systems was founded in July 2000. In addition to its headquarters in Campbell, California, the company operates a design center in Rochester, Minnesota.
