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Permabit Steps on the CAS: Page 3 of 4

Most recently, Seidl was EVP of sales and services at (and co-founder of) GiantLoop Network Inc. Prior to that, he was CEO of the now-defunct Linux developer Workgroup Solutions Inc.

Permabit, founded in June 2000, has received $10.5 million through two rounds of funding from Baker Capital Corp., Global Strategic Investment Fund, and TechQuest Capital Partners. It currently has 32 employees.

So far, Permabit has two reference customers: Brigham and Women's Hospital in Boston, which is using Permeon to store and retrieve X-rays, and amateur photography site Photo.net.

Permabit plans to sell entirely through channel partners, but the company wasn't able to name any of them yet. It's also in discussions with potential application partners, including CommVault Systems Inc. and KVS Inc.

"EMC's making it easier for us because they're buying these people's competitors," says Vito, referring to EMC's acquisitions of Documentum Inc. and Legato Systems Inc. (Nasdaq: LGTO). He says several of Documentum's partners are now looking for new partners in the storage market (see EMC Swings Into Software Big Leagues and EMC Cops Documentum).