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ACQUIRED COMPANY
 
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PolyServe  Acquired by HP (2007  amount undisclosed )

20400 NW Amberwood Drive, Suite 150
Beverton, OR 97006
USA
503-617-7574
Website Company Summary Management Team
Management

Technology: Ralph N. Hedberg
Sales/Marketing: Ian Miller
Business Development: Beverly Powell-Goldman
Not listed on the website: (May no longer be at the company) Steve Proffitt*
Board

Outside board: (May no longer be on the board) Aneel Bhusri (Greylock Partners General Partner) Reed E. Hundt (McKinsey & Company sr. advisor) Ronald H. Kase (NEA General Partner) Bill Miller (StorageNetworks CTO) Roger Strauch (The Roda Group Chairman)
Company

Business description: PolyServe software consolidates servers and storage into manageable, scalable and available database and file serving utilities. This approach overcomes the limits of server virtualization to extend consolidation benefits to mission-critical applications, and addresses all three major data center cost footprints: hardware, software and storage. Our customers typically see their server and software installs cut in half, configuration and management time slashed by as much as 75%, and total cost of ownership lowered by more than 50%. More than 500 organizations worldwide are deploying PolyServe's products to build computing utilities for mission-critical database services and file services. The products are distributed through HP, IBM, Dell, Novell, Avnet, and a network of international distributors – along with PolyServe's direct sales force. PolyServe maintains strategic partnerships with HP, Microsoft, IBM, Dell and Novell.
Customers include: Burlington Coat Factory
Partners include: Brocade Communications SystemsCobalt NetworksEMCEMCEmulexGalaxyHPIBMIntelMcAfeeMcDataOracleQlogic;  APInetworks;  ComVault Systems;  Comware;  FreeBSD;  HTT Comware;  SuSE Linux;  Topspin;  XIOtech
Capital

Rounds: 3
Recent Fundings: Oct 2002   Jan 2001
Capital raised: 41.5M
Last Round: 19.5M
Ownership: Acquired by HP (2007  amount undisclosed )
VCs include: Greylock PartnersNEAThe Roda Group
Angels/other VCs: Dave Duffield (PeopleSoft)

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Overview
Record updated: Feb 2007
Sector: Storage
Year Founded: 1999
Headcount: 101-150 as of Feb 2007
Rounds: 3
Recent Fundings: Oct 2002   Jan 2001
Capital Raised: 41.5M
Last Round: 19.5M
Ownership: Acquired by HP (2007  amount undisclosed )