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Nishan Systems  Acquired by McData (2003 $ 83,000,000)

3850 N. First Street
San Jose, CA 95134
Website Company Summary Management Team

Outside board: (May no longer be on the board) Gill Cogan (Lightspeed Venture Partners);  Barry Eggers (Lightspeed Venture Partners) James F Gibbons (Stanford University Professor of Engineering);  Ho Nam (Altos Ventures) Atiq S Raza (Foundaries Holdings) Arnold G Silverman (Discovery Ventures) Jayshree Ullal (Cisco Systems Division GM) Roland Van Der Meer (ComVentures)

Business description: Nishan Systems offers a new class of storage networking products that employs proven, open standards to connect storage devices and servers. Along with our strategic partners, we offer fully interoperable products that allow organizations to access and share stored data in a high-performance, manageable, and scalable Storage Area Network (SAN). And, since our products are based on the worldwide standards Internet Protocol (IP) and Gigabit Ethernet, they are fully compatible with the millions of routers and switches that already have been installed, proven, and mastered by information technology professionals. Our products are used across a variety of IP Storage solutions to reduce the total cost of ownership of data storage networks, while improving application efficiency, performance, and accessibility.
Partners include: Agilent TechnologiesAlacritechBakbone SoftwareBMC SoftwareCheck Point Software TechnologiesDellFoundry NetworksHitachi Data SystemsHP OpenViewIBMIntelLegato SystemsLSIMcDataNetScreen TechnologiesQlogicQuantumRapidStreamSonicWALLSteel ExcelStorageTekTivoli SystemsTivoli SystemsVeritas Technologies;  ATL;  Cipher Optics;  Computrer Associates;  DataCore;  Eurologic;  JNI;  Spectra Logic;  Teleson;  Troika;  XIOtech

Rounds: 3
Recent Fundings:    Dec 2001
Capital raised: 100.0M
Ownership: Acquired by McData (2003 $ 83,000,000)

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Record updated: Jan 2003
Sector: Storage
Year Founded: 1999
Headcount: 151-200 as of Apr 2002
Rounds: 3
Recent Fundings:    Dec 2001
Capital Raised: 100.0M
Ownership: Acquired by McData (2003 $ 83,000,000)