RealTime competes with similar software from the likes of Alacritus Software Inc. and Revivio Inc. Wernke says it uses a series of "undo" commands to locate the exact iteration of an application at a given point in time, so it's most practical for retrieving data lost within the last 24 hours to a week. Since it can be cumbersome to find an exact copy of a recently lost application using the restoral capabilities of a full-scale backup program, RealTime can fit well as a complement to a firm's backup tools, Wernke says.
With Vyant's RealTime and its customers under its belt, Mendocino Software firmed up its funding, which was led by Mayfield and Accel Partners. Other investors include Advent International and Foundation Capital.
Other changes: Dholakia's gone, and Peter Levine's taken the helm as CEO, even though he continues to be a managing director at Mayfield. Joining him are a roster of storage networking industry veterans: president and COO Steven Colman, a former CTO of Nishan Systems Inc., who departed that company in a huff last year (see Nishan CTO Cuts Out); and CTO Jeff Rothschild, a founder of Veritas, who now works at Accel as well.
Mendocino's $15 million will go into product development and partnerships, among other things. On the product side, Wernke says it's important to start working on the software's planned differentiators, which include tight integration with applications, enabling more streamlined recovery of data. That integration will require close partnerships with companies that make key corporate applications, such as Oracle Corp. (Nasdaq: ORCL).
The company had best get on with it. The market's not standing still, and besides software-only competitors, Mendocino Software faces a growing roster of vendors like Storage Technology Corp. (StorageTek) (NYSE: STK) that deal in continuous data protection as part of their own hardware (see StorageTek Hears an Echo}.
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