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Shooting up
eight places to steal the No. 1 spot is LeftHand Networks, following
consistent customer traction and a ton of new funding.
LeftHand, which makes Ethernet-based storage arrays, just won $20 million in
a Series B round, bringing its total equity investment to date to $39
million. VCs backing the Boulder, Colo., startup say the solid
quarter-after-quarter sales uptick convinced them to step up their support
of the company (see
LeftHand Snatches $20M).
It’s hard to argue with these recent customer wins:
Previous
customers include
Lockheed Martin Corp.,
Array BioPharma, and the
City and County of Denver (see
Engineers Take LeftHand Turn).
The management team at LeftHand is a reliable, seasoned bunch, too, which
certainly helps. Bill Chambers, founder, president, and CEO was formerly
president and CEO of
General Electric's Asia/Pacific-based technology businesses and has held
key management positions in both startups and Fortune 500 companies. John
Spiers, founder and CTO, was director of engineering at
Maxtor Corp. (NYSE: MXO -
message board). David Bangs, VP of sales and marketing, was most
recently VP of Americas sales at
Quantum Corp. (NYSE: DSS -
message board); and Dr. Mark Hayden, chief software architect, founded
North Fork, which LeftHand acquired last year (see
LeftHand Grabs North Fork).
And did we mention that two of Byte and Switch's editors are left-handed?
We're huge fans of all things sinistral. The story behind the company's
name, by the way, is that the founders were out one evening enjoying some
liquid gold produced by the
Left Hand Brewing Co., based in Longmont, Colo. The name clicked, and it
stuck. (Things might have been worse. They could have been knocking back the
Old Peculier.)
The one criticism we do have of LeftHand is its reluctance so far to support
iSCSI. It uses a proprietary technology, the Advanced Ethernet Block Storage
(AEBS) protocol, rather than the
Internet Engineering Task Force (IETF) specification. Customers must
load LeftHand's AEBS software on their servers, and it enables various
storage virtualization services. Company executives say once iSCSI gains
acceptance LeftHand will support it, but we generally prefer champions of
new technology rather than stragglers.
Still, in LeftHand’s case, lack of iSCSI support clearly isn’t holding the
company back yet.
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