Agámi Systems

Agámi Systems, Inc. was a privately held storage-technology company founded in April 2003 by Kumar Sreekanti in San Jose, California. The business initially operated under the name StorAD and incorporated intellectual property acquired from Zambeel, a failed company that had pursued a related storage market. After its rebranding as Agámi Systems, the company focused on enterprise data-storage infrastructure rather than consumer electronics: its principal offering, the Agámi Information Server (AIS), was positioned for both network-attached storage (NAS) and storage-area-network (SAN) deployments. The company attracted substantial venture backing during the mid-2000s. Its first financing round was reported at approximately $5.5 million and included Kleiner Perkins Caufield & Byers, Alta California Partners, New Enterprise Associates, Apex Ventures, and Advanced Equities Venture Partners. A second financing round in September 2004 raised more than $25 million. Hercules Technology Growth Capital later supplied $11 million in debt financing in August 2006. These financings supported product development and the expansion of the company’s engineering and commercial activities. Agámi’s technology addressed organizations seeking consolidated storage with support for multiple access models. In March 2007, the company announced support for iSCSI block access, an important capability for connecting servers to storage over standard IP networks and for extending the applicability of its systems beyond file-oriented NAS use. The company also pursued additional capital during 2007 and announced a further $45 million financing round from existing investors in February 2008, during the early stages of the global financial crisis. Management changed during the company’s later period. David Stiles joined Agámi in 2005 and became chief executive officer in May 2007. Chief financial officer Dean Seniff was replaced on April 30, 2007, shortly before Stiles assumed the chief executive role. Agámi maintained operations in Sunnyvale and Hyderabad, India, and reportedly employed approximately 80 to 100 people across those locations at the time of its closure. Agámi ceased operations on July 28, 2008. Employees were informed at an internal meeting shortly before the shutdown took effect, and contemporary reporting described the closure as abrupt. The shutdown generated questions about the status of the financing announced earlier that year and about unpaid compensation and the company’s handling of its final obligations. In September 2008, former chief executive David Stiles purchased Agámi assets and used its former office space for a new company called Scalable Storage Systems. In October 2008, Ocarina Networks hired Agámi’s India-based operations and engineering team in Hyderabad. Agámi therefore survives primarily as a historical enterprise-storage brand and as part of the personnel and intellectual-property lineage of later storage ventures.

Agámi Systems positioned itself as an enterprise storage-infrastructure provider offering unified systems for NAS and SAN environments, with later support for iSCSI-based block access over IP networks.

Product categories. Enterprise network-storage systems · Network-attached storage systems · Storage-area-network infrastructure · iSCSI block-storage solutions · Agámi Information Servers

• 2008Agámi announces additional financing during the emerging financial crisis

  The company announced a reported $45 million funding round from existing investors in February 2008 as it continued efforts to finance its storage business.

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• 2008Agámi Systems shuts down operations

  Agámi ended operations on July 28, 2008. Reports described employees in Sunnyvale and Hyderabad as receiving short notice of the closure, while questions were raised about compensation and the status of previously announced financing.

  BankruptcyOther
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• 2008Ocarina Networks hires Agámi's Hyderabad team

  Ocarina Networks hired members of Agámi Systems' India-based operations and engineering team after Agámi's shutdown.

  M&ALeadership change
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• 2007Agámi announces iSCSI block-access support

  Agámi Systems announced support for the iSCSI block-storage protocol, broadening the capabilities of its enterprise storage platform for SAN-oriented deployments.

  Product launchProduct generation
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1. Agámi在金融危机初期宣布额外融资