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VC Spigot Still Flowing: Page 3 of 3

Last week Silverback announced that its two-port IP storage chip was able to sustain 92,000 I/O operations per second (IOPS) over a single Gigabit Ethernet channel -- which, if it actually works in the real world, would make it faster than Fibre Channel host bus adapters (see Silverback Makes iSCSI Howl).

Finally, backup and recovery software maker Atempo announced it had raised $6.2 million in funding from investors including Banc of America Equity Partners, KBC Investco, Plantagenet Capital, and Vision Capital. Founded in 1992, Atempo has received $42 million in funding to date.

The 165-employee company -- formerly called Quadratec Software -- has "dual headquarters" in Paris and in Mountain View, Calif. Atempo's Time Navigator software is designed for service providers. The company claims to have more than 700 customers, including Cap Gemini Ernst & Young, Crédit Agricole, France Telecom, Renault, and Virgin Net.

— Todd Spangler, US Editor, Byte and Switch