Imperative Networks Ltd.

www.imperativenetworks.com

Formerly SANchip

High-Tech Company

Ceased to Operate Q3/2007

Graduated from: thetime

TECH VERTICALS

Memory & Storage

General Data

Sector	Semiconductors
Company Stage:	Initial Revenues
Established	2003
Number of Employees	12
Reg. Number:	abCDe

DESCRIPTION

Imperative Networks developed and marketed SAN technology for both FC and IP networks. Imperative Networks bridges the gap between FC and IP, creating a single convergent network with no roadbloacks and no bottlenecks to data flow. Based on patented Smart Matrix technology, Imperative Networks' switches can reach full wire speed over all protocols, with low latency, IO/sec rates of up to 22,000 per port, and iSCSI ports that serve up to 100 production servers at full speed.

TECHNOLOGY

Imperative Networks enhances SAN intelligence and promotes greater interoperability within SAN environments. The chip (SOC 1600) includes new capabilities that help the switch vendors offer their customers as following: an optimized utilization of human and equipment resources, improved data accessibility, increased SAN security, and simplified overall management of the SAN environment.

The main features of SOC 1600 are :

16 FC (Fibre Channel) ports per chip (1 ,2 or 4 Gbps).
Full fabric support
Non-blocking cascading of the basic chip to higher port count (16,32,64, 128 etc).

These features enable vendors to create SAN systems that incorporate:
Redundant architecture (no single point of failure), quality of services, high security level and FC services.
SAN sub-netting for interconnecting multiple independent SANchip fabrics.
The chip just passed early beta tests at the lab facilities of some of the biggest storage vendors, where many of them are taking a close look at the company's product and value proposition.

ESTIMATED ANNUAL SALES

	TARGET MARKETS
	Storage Area Network, Disk Array, Switching and Server system manufacturers.

	BUSINESS MODEL
	B2B

CONTACT INFO

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Main Address: Yoqneam, Israel

Address	2 Hatamar St.
City	Yoqneam
Country	Israel
Zip	20692

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

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Moshe Czeiger	CTO & R&D Manager, Founder	Helioss (Senior Communication Engineer)

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Chairman	Founder, SANCastle

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Internal Round

Oct. 01, 2005

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Investment Company	abCDe

First Round

Dec. 01, 2004

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Investment Company	abCDe

Seed

Jan. 01, 2004

Seed

abCDe

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

Jun. 15, 2006

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij*	Bi-National Fund	abCDe	Co-op with eXacube Systems

R&D Grant

Jul. 08, 2003

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe	R&D grant ($0.5m)

Last Updated:	abCDe
IVC Number:	abCDe