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LightSand Communications, Inc. receives financing to grow market expansionMilpitas, CA, September 9, 2005 - LightSand® Communications, Inc., a company pioneering SAN connectivity solutions, announced today that it has raised nearly US$ 7 million to support its worldwide market expansion. Iris Capital leads the investment round with the participation of LC Capital. They join current VCs Barrings Private Equity Partners Asia, Concord Ventures, Fremont Ventures, Genesis Partners and JPMorgan Fleming on the Board of Directors. LightSand is a global leader in the development and delivery of SAN connectivity products which interconnect multiple SANs regardless of physical proximity or vendor disparity. The company’s SAN extension gateways work within the data center and over MAN/WAN networks to interconnect SANs over distance using IP, SONET/SDH, DWDM, and dedicated fiber networks. These extension capabilities provide an ideal platform for deploying business continuance, disaster recovery, centralized backup, enterprise resource sharing, remote mirroring and other critical business applications. LightSand’s revolutionary AR/DAT technology provides the ability to segment large SANs into semi-autonomous regions. It enables organizations to partition a single large SAN fabric into multiple smaller fabrics, resulting in greater performance and manageability. Despite this partitioning, the AR/DAT technology allows the SAN regions to share specified resources in a secure way. The result is a SAN infrastructure with the manageability of a small fabric and the resource efficiency of a large fabric. The AR/DAT technology also has the ability to interconnect heterogeneous SAN fabrics, providing the ability to share SAN resources between dissimilar SAN infrastructures. « Over the last few years, LightSand has developed unique and powerful SAN connectivity solutions which will contribute significantly in helping companies address the increasing security and compliance issues they face today more than ever before, declared Richard Czech, C.E.O. of LightSand. After the initial phases which have seen LightSand develop revolutionary technology and secure strategic partnerships, this new round of financing will enable us to launch a new phase of worldwide market expansion, while continuing to support our research and development efforts»
About LightSand
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