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By Carolyn Duffy Marsan 04/23/01
Cereva Networks
hopes to simplify and speed up the way service providers store and serve Web
content. The company officially launched this January with a newfangled
Internet storage system conceived by Raju Bopardikar, a serial entrepreneur
with experience in high-end graphics and parallel processing.
Cereva's key advantage is its technology, which
combines high-speed data networking and massively parallel computing with the
aim of providing extreme reliability and scalability. Cereva's storage
subsystem will exceed one petabyte -1,000 terabytes - of capacity, analysts
say.
Cereva's development took off in early 2000, when
Alan Lutz, former president of Newbridge Networks, joined as CEO. Lutz has
attracted a seasoned management team and established weekly meetings to keep
the 240 employees up to speed on all aspects of the company's progress.
Lutz rounded up significant investments from companies such as Sumitomo, which
contributed $20 million last November.
Due out this spring, Cereva's Internet storage
system is being tested by NaviSite, an Andover, Mass., provider of Web hosting
and outsourced network management services. Cereva's target customers are
operators of Internet data centers, including Web content and service
providers.
Cereva Networks The name: |
A combination of “cere,” for
cerebral, and “va,” the Spanish word for go.
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