Social Media News Release: Infineta Systems Launches Today

NEWS FACTS:

• Infineta Systems (www.infineta.com), a privately-held network infrastructure startup that develops and markets a line of high-performance network optimization products, announced today that the company has come out of stealth mode
• The company also announced $15 million Series A round of venture capital funding with backing from Alloy Ventures and North Bridge Venture Partners
• The company will use the funding to pioneer a new category of products that will help Global 2000 enterprises address the explosion in inter-data center traffic resulting from mission-critical storage replication, backup and emerging “private cloud” applications.
• Infineta also introduced its groundbreaking system architecture to power a new generation of products to address the urgent need for very high-speed enterprise data center interconnects.
• At the center of this architecture is Infineta’s patent-pending Velocity Dedupe Engine™, the industry’s first hardware-based data reduction technology that propels the industry to unprecedented levels of throughput, scalability and bandwidth capacity for addressing the explosion in data center-to-data center traffic.
• According to a recently conducted independent customer survey (available for download at www.infineta.com/forrester), the majority of large enterprises with $1 billion USD or more in revenues (68 percent of respondents) will experience at least a doubling or tripling of their data center-to-data center traffic in the next 2-4 years (more survey results below).
• The Infineta Velocity Dedupe Engine™ is an architectural innovation that has been purpose-built for extremely high data rates.
• Key Forrester Survey Highlights:
• Nearly half of respondents have 5Gbps or more running between their data centers;
• The majority of enterprises will experience a doubling or tripling of data-center-to-data center traffic over the next 2-4 years;
• More than two-thirds of respondents say they will need to upgrade their data center-to-data center WAN links within the next18 months based on their current growth trends;
• Almost 40 percent of respondents anticipate using long distance ‘live’ migration between data center sometime in the next three years.

SOCIAL MEDIA:

• Follow Infineta on Twitter and on Facebook
• View Infineta’s blog at www.AccelerateTheNetwork.com
• Follow “Accelerate The Network” on Twitter and Facebook
• Watch a video of “The Revolution” on Infineta’s YouTube Channel

CLICK TO TWEET:

• Infineta Unveils Breakthrough Acceleration Technology for Enterprise Data Centers: Velocity Dedupe Engine http://tinyurl.com/2eh78kc
• Infineta Comes Out of Stealth and Closes $15 Million Round of Funding http://tinyurl.com/2g4zhbc
• Forrester Reveals Inter-Data Center Traffic For 68 Percent of Enterprises to Double or Triple Over Next 2-4 Years http://tinyurl.com/24jtsjb

QUOTES:

Quote by Raj Kanaya, CEO and Co-Founder, Infineta
“The fundamental problem that Infineta Systems is solving is around the explosion of traffic between enterprise data centers. Currently, enterprises are predicting growth as high as 100 percent per year, within the next three years. While WAN optimization has solved the branch optimization problem, a different type of architecture is needed to solve the inter-data center use case. Infineta’s patent-pending Velocity Dedupe Engine is providing an innovative hardware based solution in order to obtain the high throughput, and zero-latency requirements necessary for today’s enterprise data centers.”

COMPANY/EXECUTIVE BIOS:

About Infineta Systems
Infineta Systems is a privately-held network infrastructure startup that develops and markets a line of high-performance network optimization products. The company’s patent-pending Velocity Dedupe Engine™ delivers unprecedented levels of throughput, scalability, and bandwidth capacity for large data center-to-data center interconnects. Global 2000 enterprises turn to Infineta’s solutions to accelerate critical business continuity and disaster recovery workflows such as replication and remote backup at rates of up to 10Gbps. The company is backed by Alloy Ventures and North Bridge Venture Partners. For more information, visit http://www.infineta.com.

Raj Kanaya, CEO and Co-Founder, Infineta
Raj Kanaya brings a long track record of general management and market development success to Infineta Systems. As CEO, Raj is responsible for the overall vision, direction, and revenue attainment for the company. Previously, Raj was VP of product strategy and alliances for the Application Networking Group at Citrix Systems. He joined Citrix though its acquisition of NetScaler where he served as VP of product management for a product line that went from sub-$2 million to $60+ million in revenues over three years. Raj was a GM of a BU at Lucent and led business development at Nexsi Systems. Earlier in his career, he was a Bain & Co. consultant where he advised large companies in technology and LBO funds on turnarounds, new market entries, and acquisitions/divestitures. Raj has an M.B.A. from Stanford University and earned his B.S. in computer science magna cum laude from UCSD.

K.V.S. Ramarao, Ph.D., CTO and Co-Founder, Infineta
As Chief Technology Officer, Ram is responsible for the company’s technical vision, research, and overall product architecture. He is a highly published innovator and entrepreneur with numerous patents, research papers, and industry standards credited to his name. Prior to Infineta, Dr. Ramarao served as Chief Platform Architect for the Application Oriented Networking BU at Cisco Systems. He brings three decades of experience in R&D and successfully bringing high performance systems to market. Previously, he was founder and CTO of both Conformative Systems (acquired by Intel) and Sariga Networks. Earlier in his career, Dr. Ramarao held senior technical positions at Agere and SBC Labs and was an assistant professor of computer science at the University of Pittsburgh and University of Oklahoma prior to that. He earned his Ph.D. from the University of Alberta, Canada, M.Tech from Indian Institute of Technology, Kanpur, and M.Sc. from Andhra University, India.

Tags:

Business Continuity | Cross Site Virtualization | Data Center Security | Data Deduplication | Data-Center-to-Data-Center Traffic | Disaster Prevention Technology | Disaster Recovery | Infineta | Network Acceleration | Network Deduplication | Network Management | Network Optimization | Network Throughput Speeds | Network Traffic Acceleration | Network Traffic Growth | Replication | Storage Replication | WAN | WAN Optimization | Zero-Latency