We are providing the first fully scalable mesh interconnect and storage cache," a spokesperson says.
Details of how the product works will stay largely under wraps until the company launches beta tests at a range of companies early in 2002.
This isn't to say the vendor's lips are completely sealed. Exanet has apparently shown its wares to some potential licensees, including equipment manufacturers. "We've already demonstrated our technology, and, with this latest round of
financing, we're on track to meet our timetable for commercial delivery, said CEO Giora Yaron.
Yaron may generate a certain amount of confidence through his credentials alone. He is a former executive VP at National Semiconductor Corp. (NYSE: NSM) who helped bring Indigo NV (Nasdaq: INDG) to IPO in the mid-1990s. Indigo is a digital print technology company now affiliated with Hewlett-Packard Co. (NYSE: HWP).
Yaron also chairs the board of directors at P-Cube Inc., a company specializing in a Layer 7 subscriber management box. And he cofounded Pentacom Ltd., developer of an intelligent IP-based concentrator supporting spatial reuse protocol (SRP). Pentacom was sold to Cisco Systems Inc. (Nasdaq: CSCO) for $118 million in April 2000.
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