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Agámi Systems

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Agámi Systems
Company typePrivate
IndustryData storage devices
FoundedApril 2003
FounderKumar Sreekanti
DefunctJuly 28, 2008
FateDisbanded
HeadquartersSunnyvale, California
Key people
David Stiles, CEO
Kumar Sreekanti, CTO
ProductsAIS3000, AIS6000
Websitewww.agami.com (defunct)

Agámi Systems, Inc. was a network storage company headquartered in Sunnyvale, California. Agámi Information Servers (AIS) were marketed to both network attached storage (NAS) and storage area network (SAN) markets.[1]

History

[edit]

The company was founded in April 2003 by Kumar Sreekanti in San Jose, California.[2]

Its first round of venture capital of about $5.5 million included investors Kleiner Perkins Caufield & Byers (with board member Vinod Khosla), Alta California Partners, New Enterprise Associates, Apex Ventures and Advanced Equities Venture Partners.[2] It was originally called StorAD for its first year, and included intellectual property acquired from failed company Zambeel, which was in a similar market and had been founded in 1999.[3][4]

A second round of financing raised over $25 million in September 2004.[5] Hercules Technology Growth Capital provided $11 million in debt financing in August 2006.[6]

David Stiles joined in 2005 and became chief executive in May 2007,[7] just after chief financial officer Dean Seniff was replaced on April 30.[8]

In March 2007 support for the iSCSI block access protocol was announced.[9]

The company, then located in Sunnyvale, California, filed for raising more capital through 2007, including new investor Duff, Ackerman, and Goodrich.[10]

A third round of $45 million in funding from existing investors was announced in February 2008 during the start of the Great Recession.[11]

The company shut down operations on July 28, 2008. The employees were told of the shutdown at an 11:00 AM meeting, and was made effective two hours later, at 1:00 PM.[12][13] The 80-100 employees of Agami in Sunnyvale and Hyderabad, India were said to be blindsided. Business Insider reports that, "Some employees have tried to send e-mails to an address that the company provided them to request pay, but one employee told the Mercury News that they 'haven't received one response, not one.' "[14]

This led to speculation that the funding announced in February had not actually closed.[15]

By September 2008 Stiles had purchased Agámi assets and used their office space for a new company named Scalable Storage Systems.[7][16]

In October 2008, Ocarina Networks hired Agami Systems India operations and engineering team in Hyderabad.[citation needed]

AIS6000

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The AIS6000 series was said to perform at 1 GB/sec and supported 36 terabytes of raw data.

AIS6136 specifications:

  • Chassis Form Factor: 5 EIAU high - 19-inch IEC rack-compliant
  • Maximum disk drives: 48 × SATA drives
  • Disk drive densities: 750 GB
  • Disk Controllers: 2 × 24-port SATA
  • Raw Capacity: 36 TB
  • Processor: 4 × AMD Opteron CPU
  • ECC Memory: 12 GB
  • NVRAM: 2 GB
  • Network Connectivity: 12 × 1 Gigabit/s Ethernet

References

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  1. ^ "About agámi Systems". Company former web site. Archived from the original on July 4, 2008. Retrieved November 29, 2013.
  2. ^ a b "Notice of Sale of Securities". US Securities and Exchange Commission. May 29, 2004. Archived from the original on December 3, 2013. Retrieved November 29, 2013.
  3. ^ "From Zambeelians to Chameleons". Byte and Switch. July 22, 2004. Archived from the original on August 25, 2004. Retrieved November 29, 2013.
  4. ^ "Zambeel Znuffed Out". Byte and Switch. April 26, 2003. Archived from the original on December 3, 2013. Retrieved November 29, 2013.
  5. ^ "Notice of Sale of Securities". US Securities and Exchange Commission. September 17, 2004. Archived from the original on December 3, 2013. Retrieved November 29, 2013.
  6. ^ "Palo Alto's Hercules provides $11M to Agami". Silicon Valley Business Journal. August 14, 2006. Retrieved November 29, 2013.
  7. ^ a b Chris Mellor and Dean Seniff (September 29, 2008). "Scalable Storage rises from agàmi ashes: Dead heron in the forested startup swamp". The Register. Retrieved November 29, 2013.
  8. ^ James Rogers (April 30, 2007). "Agami Sorts Cash Issues". Network Computing. Retrieved November 29, 2013.
  9. ^ "agámi Systems Announces Next Generation Network Attached Storage Solution". Press release. March 12, 2007. Archived from the original on October 12, 2007. Retrieved November 29, 2013.
  10. ^ "Notice of Sale of Securities". Form D (Amended). US Securities and Exchange Commission. November 12, 2007. Archived from the original on December 3, 2013. Retrieved November 29, 2013.
  11. ^ agámi Systems (February 15, 2008). "agámi Systems Raises $45 Million in Series C Financing". Press release. Archived from the original on March 4, 2008. Retrieved November 29, 2013.
  12. ^ Scott Duke Harris (August 18, 2008). "Promising start-up abruptly shuts down". San Jose Mercury News. Retrieved November 29, 2013.
  13. ^ Chris Preimesberger (July 29, 2008). "Agami Systems Shuts Its Doors, Suspends Business". eWeek. Retrieved November 29, 2013.
  14. ^ Sridharan, Vasanth. "Valley Start-Up Agami Systems Raises $45 Million, Disappears". Business Insider. Retrieved 2020-05-12.
  15. ^ Vasanth Sridharan (August 19, 2008). "Valley Start-Up Agami Systems Raises $45 Million, Disappears". Business Insider. Retrieved November 29, 2013.
  16. ^ Scott Duke Harris (September 24, 2008). "Agami's rebirth as Scalable Storage Systems leaves ex-employees angry". San Jose Mercury News. Retrieved November 29, 2013.
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