StoreAge Networking Technologies Inc. (now LSI Logic StoreAge)

www.storeage.com

High-Tech Company

Acquired by LSI Logic Corp.

General Data

Sector	Enterprise Software & Infrastructure
Company Stage:	Revenue Growth
Established	1999
Number of Employees	80

DESCRIPTION

StoreAge is a leading provider of split-path storage management solutions that centralize and simplify storage network administration. StoreAge network-based solutions provide a uniform, SAN-wide method for provisioning storage, ensuring business continuity, enabling disaster recovery, and centrally managing cross-platform, multi-vendor storage environments.

TECHNOLOGY

Grid.

ESTIMATED ANNUAL SALES

	TARGET MARKETS
	Enterprises.

	BUSINESS MODEL
	B2B

AFFILIATION

Account ID	Affiliation Type	Name	Parent Name	Status
DEC967EA-1F7A-E111-AC59-00155D32A403		Intelligent Information Systems (IIS) Ltd.		Ceased
2EC86FE4-1F7A-E111-AC59-00155D32A403	Spin-off	StoreAge Networking Technologies Inc. (now LSI Logic StoreAge)	Intelligent Information Systems (IIS) Ltd.	Acquired/Merged
43B74C02-207A-E111-AC59-00155D32A403	Spin-off	Enargis Storage Solution Ltd.	Intelligent Information Systems (IIS) Ltd.	Ceased

CONTACT INFO

Expand / Collapse All

Main Address: Nesher, Israel

Address	63 Bar Yehuda Rd.
City	Nesher
Country	Israel
Zip	36651

Contact Person	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Irvine, United States

Address	One Technology Dr., Bldg. C515
City	Irvine
State/Province	CA
Country	United States

Contact Person	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Abingdon, United Kingdom

POB	165
City	Abingdon
Country	United Kingdom
Zip	OX14 4WG

Contact Person	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Zorneding, Germany

POB	1232
City	Zorneding
Country	Germany
Zip	D-85601

Contact Person	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Eli Shapira	Co-Founder	StoreAge (CEO)
Mr. Doug Jury	VP, North American Sales	Zadara (VP, Solution Sales)
Mr. Kevin Liebl	VP, Marketing	Zadara (VP, Marketing)
Mr. Nelson Nahum	Co-Founder	LSI Logic StoreAge (CTO)
Mr. Dani Naor	Co-Founder	XtremIO (VP, Business Development)

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Chairman	Chairman & CEO, ENARGiS Storage Solutions

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Oct. 25, 2006

abCDe

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Venture Lending

May. 16, 2006

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Lending Fund	abCDe
abC Defghij	Venture Lending Fund	abCDe	Total investment for both Plenus funds is $4m

Internal Round

Jun. 01, 2005

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe	Holds 6% of the company
abC Defghij	Venture Capital Fund	abCDe	Holds 23% of the company
abC Defghij	Investment Company	abCDe	Holds 8.5% of the company
abC Defghij	High-Tech Company	abCDe	Holds 10% of the company

Other

Feb. 01, 2005

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Holding Company	abCDe	Bridge Loan; holds 8.5% of the company

Venture Lending

Feb. 01, 2005

Revenue Growth

abCDe

Second Round - Extended

Jan. 25, 2001

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Investment Company	abCDe	Holds 5.9% of the company
abC Defghij	High-Tech Company	abCDe

Second Round

Dec. 31, 2000

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Holding Company	abCDe
abC Defghij	Other	abCDe
abC Defghij	Other	abCDe	Holds 30% of the company
abC Defghij	Other	abCDe

First Round

Dec. 07, 1999

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Holding Company	abCDe
abC Defghij	Other	abCDe

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

Aug. 26, 2003

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe	R&D grant ($1m)

Last Updated:	abCDe
IVC Number:	abCDe