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Cisco leads investors in storage virtualisation company

NeoPath Networks, a provider of file storage virtualisation systems, has received £5.8m in a funding round that included participation by Cisco Systems.

NeoPath Networks, a provider of file storage virtualisation systems, has received £5.8m in a funding round that included participation by Cisco Systems.

NeoPath says it will use the funds to continue its customer and partner growth, and to further enhance its products to meet the demands of its customer base.

"Organisations are increasingly recognising the benefits of deploying file storage virtualisation solutions," says Tony Asaro, senior analyst, Enterprise Strategy Group.

"It offers a way for system administrators to simplify the complexities of managing shared resources and file systems without disrupting the user/workflow experience. File storage virtualisation has the potential to change the dynamics of how companies implement networked storage."

NeoPath provides technology for optimising file storage management. The company’s File Director products are used by customers in the ISP, ASP, financial services, government, aerospace and manufacturing industries. The company says that IT professionals can use NeoPath products to perform painless data migrations, implement intelligent storage tiering, and establish a unified namespace for non-disruptive storage aggregation.

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