The Atlanta startup says it will hold headcount steady at the current 45 employees and will use the funding to produce its first ASIC, due out in late 2003 or early 2004. Sanjay Sehgal, COO and co-founder of iVivity, says the funding should last until its customers start shipping products based on the iVivity chips in the second half of 2004.
Currently, iVivity has six beta sites testing out its iDISX technology implemented in field-programmable gate array (FPGA) chips, which use a less optimized architecture than ASICs. The iVivity technology supports multiple protocols, including Fibre Channel and iSCSI at the network layer and SCSI and Serial Attached SCSI at the device end.
The company sees its main competitors as other startups that are producing "intelligent" SAN silicon, including Aarohi Inc., Aristos Logic Inc., and Astute Networks Inc. (see Aristos Logic Raises $20M and Smart SAN Switches: Not This Year).
Qazilbash [ed. note: bless you!] downplays any competitive threat from the likes of Trebia Networks and Silverback Systems, both of which have been actively pursuing OEMs: "We differentiate from the Trebias of the world because were not doing just wire-speed performance -- we have more functionality," he says.
Tantalizingly, Qazilbash claims iVivity has already "confirmed a Tier 1 OEM." So who is the one signed-and-sealed customer? Predictably, iVivity, wont say. "Its one of the top eight guys in the storage networking industry," he says. [Ed. note: Ooooooh, boy! A guessing game! We love guessing games!]