SUNNYVALE, CA – February 15, 2008 – agámi Systems, Inc., an industry leader in delivering enterprise-class unified storage systems with live file system replication and breakthrough operational performance and TCO, today announced that it has currently closed $45 million in Series C financing and has an option to extend the round. The funding, led by Advanced Equities, Inc. with participation from current investors New Enterprise Associates (NEA), Kleiner Perkins, APEX Venture Partners, Alta Partners, TIF Ventures and Duff Ackerman Goodrich, and new investments from ITOCHU Corporation and David Stiles (CEO), will be used to boost sales and marketing activities in order to grow market share for the company’s unified NAS/IP SAN agámi Information Server and future offerings.
“As one of the original investors in agámi Systems, we believe that the company is well positioned to take advantage of a unique market opportunity to deliver a new generation of enterprise-class storage systems,” said Scott Sandell, General Partner, NEA. “The company continues to be an attractive investment because of the market’s demand for innovative storage solutions coupled with the deep technology and business expertise of agámi Systems’ executive team.”
“Advanced Equities’ participation in this financing round along with the continued commitment from our existing and new investors is strong validation of our business model and value proposition,” said David Stiles, CEO, agámi Systems, Inc. “By utilizing this round of funding to accelerate our sales and marketing initiatives, agámi looks forward to growing our target markets with our differentiated and innovative storage solutions while we prepare for upcoming expansion to our product portfolio.”
About agámi Systems, Inc.
Formed in 2003, agámi Systems is the leading provider of enterprise network storage systems with integrated live file system replication. Since its inception, agámi has raised a total of $85 million in financing. The agámi Information Server delivers breakthrough performance and unprecedented cost savings for geographically distributed business-critical applications by taking advantage of the convergence of 64-bit processor technology, enterprise-class SATA drives and new solutions and architectures that unlock NAS performance bottlenecks. agámi Information Servers enable fast, efficient storage for large-scale file and database applications. agámi Systems solutions integrate seamlessly into customers' existing infrastructure and applications and are compatible with the leading enterprise storage management software products. Only agámi Information Servers deliver the most cost-effective way for enterprises to safely share and protect information from remote locations. To find out more about agámi Systems, visit
www.agami.com.