Phatak founded Tacit Networks bags $12 M

By siliconindia staff writer   |   Thursday, 05 May 2005, 19:30 IST
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SAN JOSE, CA: Shirish Phatak founded Tacit Networks has raised $12 million in series C funding and has tied up with Brocade Communications Systems, Inc., to jointly deliver a Microsoft Windows based high performance wide area file services platform. Brocade will invest up to $7.5 million for a minority ownership share in privately held Tacit Networks, and will immediately add Tacit Networks’ WAFS solution built on Microsoft Windows Storage Server 2003, to its product portfolio, bringing the industry’s leading platform for branch office file access to Brocade customers and partners worldwide. The Tacit Networks’ WAFS solution includes a data center server and remote office appliances that work together to give all connected locations fast and easy access to stored data center files and applications, while maintaining centralized management and backup capabilities. Under agreements entered into in connection with Brocade’s investment, Brocade will market the solution to its partners and customers worldwide, and the two companies will partner in customer support, and on product development programs. “Our customers have asked for tools and technologies that let them improve access to stored information across their distributed organizations, while strengthening the ability to manage, consolidate and secure this data,” said Michael Klayko, Chief Executive Officer of Brocade. “By building a strategic relationship with Tacit Networks, we are delivering our customers a new level of enterprise-class reliability to remote office file access.” “Brocade is an excellent partner to bring the benefits of our WAFS solution to more enterprise customers worldwide,” said Greg Grodhaus, Chairman and CEO of Tacit Networks. “The partnership also includes collaborative programs that will help ensure that future innovations from Tacit Networks are fully backed by the Brocade engineering, field, and technical support teams.” “Microsoft is pleased to be working with Brocade and Tacit Networks to address the ever increasing storage needs of our customers,” said Rahul Auradkar, Director, Windows Server Division at Microsoft Corporation. “This agreement allows Brocade’s partners to deliver storage consolidation and management solutions that offer native integration with the Windows Server 2003 infrastructure, and provides the ability to deliver data over the Wide Area Network using key security features inherent in the Windows Server 2003 platform.

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