InterSAN Inc. storms into pole position on this list, having made no secret of its plan to become the de facto software platform for managing storage networks.
This kind of posturing is fine as long as whoever's talking the talk is also walking the walk. InterSAN's investors clearly believe the startup is still on track to pull off its mission, as they poured $17.8 million into the company in May. This round raises the total amount invested in InterSAN to $28 million (see InterSAN Lands $17.8M).
Raising a round of this size is particularly impressive given today's climate of tight-fisted VCs.
InterSAN is in what venture capitalists call the sweet spot of the market. It's shipping software that manages host bus adapters, storage arrays, and Fibre Channel switches from almost all the major vendors in the market, eliminating the headache of managing all of these devices separately (see InterSAN Attracts Major InterEST, InterSAN Hooks Up With Hitachi, InterSAN Supports LSI Logic, InterSAN Supports QLogic, and InterSAN Supports Inrange).
So far, InterSAN has announced one revenue-generating customer: financial services company Northern Trust Corp. InterSAN officials say it has a number of Fortune 500 companies evaluating the product, and it hopes to close that business this quarter.
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