Aarohi Inc., a stealth-mode startup specializing in storage network processors, has scored $15 million in first-round funding.
Aarohi's not saying very much about its doings, but its award highlights a growing trend of companies specializing in new types of components for building next-generation SAN and NAS devices.
"We're really excited about this space because it's just beginning," says Aarohi's CEO, Ameesh Divatia. While hesitant to divulge specific plans, he says Aarohi will focus on creating components that increase the performance, functionality, and scaleability of storage equipment.
Based in India and the U.S., Aarohi secured the funding from several investors, led by Broadview Holdings and TeleSoft Partners, with contributions from DotEdu Ventures, Evercore Ventures, JumpStartUp, and an anonymous investor.
The funds will be used to build up Aarohi, which was founded by Divatia, a former chief product strategist for the optical transport business unit at Cisco Systems Inc. (Nasdaq: CSCO), and Amar Kapadia, formerly of Hewlett-Packard Co. (NYSE: HWP).
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