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21.06.2005 / $30 million funding:
Start-up Plans to End Ethernet Bottleneck
At the same time a semiconductor startup announced it raised
$30 million in funding, the company unveiled a low cost Ethernet-based
product it said will eliminate the server bottleneck problem in today’s
transaction-oriented business.
Level
5 Networks said it added $30 million in its second round of venture
capital funding which comes from Oak Investment Partners, Accel
Partners, Amadeus Capital Partners and IDG Ventures. The company said
EtherFabric comes equipped with a two-port, 1-Gbit/s PCI adapter for
use in Linux-based blade servers, Web servers, clusters and storage
devices. The company expects to have a PCI-Express version available by
the end of 2005. Level 5 Networks president and chief executive said
EtherFabric provides CIOs what they need most.
“They want a low cost, easy-to-deploy performance boost to their
existing environment that won’t require them to rip out or replace
wiring, applications or systems,” he said. “With EtherFabric we provide
all that while doubling the server performance, effectively providing a
free server with every network adapter.” According to Level 5 Networks,
EtherFabric provides up to 5 times reduction in latency, twice the
increase in bandwidth over conventional 1 GB Ethernet, 100 percent
software (binary) compatibility and less than half the cost of other
competing high performance interconnects.
Source: EDITTECH INTERNATIONAL
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