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Seanodes Awarded $2.4 Million in Funding from French Innovation Agency OSEO
Seanodes, the creator and leading developer of Shared Internal Storage solutions, today announced it has received about $2.4 million in funding from OSEO, France's national agency for industrial innovation, in the form of a no-interest loan to support ongoing technology development and company growth.

Its a very competitive process to receive OSEO funding, as there is an exceptional level of innovation being delivered by companies based in France, said Jacques Baldinger, CEO of Seanodes. We appreciate the financial support provided for product and services, and are honored to be recognized by OSEO as a company delivering critical engineering and research in information technology.

This additional funding will help to reinforce our R&D team and investments enabling us to accelerate the porting of our solution on Vmware and Microsofts platforms, said Christophe Guittenit, CTO of Seanodes.

Exanodes, the Seanodes software platform, allows virtualized infrastructure applications to marry unused disk space found in many server and storage clusters with existing or additional dedicated storage hardware to provide a powerful shared storage pool. Exanodes abstracts the storage layer from the physical devices enabling users to select the hardware and connectivity options that best suit their environment, today and tomorrow. As more and more HPC applications are limited by storage performance, user-friendly and non-intrusive Exanodes radically improves the global performance of computing infrastructures while delivering cost correct capacity expansion capabilities eliminating the need for traditional external RAID storage and its associated costs.

Published Tuesday, July 22, 2008 6:27 PM by David Marshall
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