Anthology Solutions Secures $10 Million in Series-B Funding; New Investors Endorse the Yellow Machine Terabyte Storage Appliance.SANTA CLARA Santa Clara, city, Cuba
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ANTHOLOGY SOLUTIONS SECURES $10 MILLION IN SERIES-B FUNDING; NEW INVESTORS ENDORSE THE YELLOW MACHINE TERABYTE STORAGE APPLIANCE
Anthology Solutions, Inc., maker of the Yellow Machine(TM) Terabyte Storage Appliance, has received $10 million in Series-B funding from funds managed by BlueRun Ventures, KTIC KTIC Korea Toy Industry Cooperative Ventures and STIC STIC Sciences et Technologies de l'information et de la Communication (French: Information and Communication Science and Technology)
STIC Smalltalk Industry Council
STIC Star Trek Italian Club
STIC Science and Technology Information Center International. The investment will be used to expand Anthology Solutions' global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. and to fund research and development.
Yellow Machine is an all-in-one, easy-to-use network storage appliance that offers failsafe storage technology -- bringing "big business" data protection features in an economical appliance to consumers and small to medium-sized businesses (SMBs).
"From small businesses to consumers, digital content is driving data consumption resulting in a huge increase in need for highly reliable storage capabilities," said Ray Robidoux, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Anthology Solutions. "Whether you require a failsafe place to preserve your priceless digital assets, a complete backup solution in a box, or demand 'big business IT features' at a small business price, Yellow Machine is the ideal product that will get you there quickly and easily."
"Increased mobility and data proliferation Data proliferation refers to the unprecedented amount of data, structured and unstructured, that business and government continue to generate at an unprecedented rate and the usability problems that result from attempting to store and manage that data. mean larger files in more places and a greater risk of data loss," said John Gardner
John Champlin Gardner, Jr. (July 21, 1933 – September 14, 1982) was an American novelist and university teacher. , General Partner of BlueRun Ventures. "We are thrilled to participate in Anthology's mission to enable the connected digital hub for small businesses and consumers, with immediate access to their vital information anytime, anywhere. We are also a happy customer; BlueRun offices worldwide rely on Yellow Machines for onsite backup of all our employees' computers."
The Yellow Machine's integrated VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. router firewall and switch provides an instant secure network, while remote access features deliver secure anytime, anywhere access to files and applications on PCs and devices on your network. Yellow Machine's VPN provides secure, encrypted transfer of data over the Internet using the L2TP-IPSEC or PPTP (Point-to-Point Tunneling Protocol) A protocol from Microsoft that is used to create a virtual private network (VPN) over the Internet. Remote users can access their corporate networks via any ISP that supports PPTP on its servers. protocol, which allows any Windows(R) XP machine to connect without need for special software on the Windows system as well as any remote desktop solution for Windows or Macintosh.
Using the Yellow Machine's VPN, a road warrior with a laptop in a hotel room can connect back to their Yellow Machine at office or home to access files and to remotely-control office or home PC applications.
"Ten years ago, only Fortune 100 companies could afford a terabyte of storage," said Kevin Lim, Managing Partner at STIC International. "With the high cost of other online backup solutions, a networked solution like the Yellow Machine appliance provides cost effective, highly reliable storage technologies to deliver a complete storage and backup solution. We chose to invest in Anthology because of its experienced management team, and targeted solution for a rapidly growing customer need."
Professional grade "backup in a box" with EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. Retrospect Pro provides a hassle-free method of automating backup of multiple PCs, while assuring easy recovery. Integrated full image and file backup solution delivers a fully automated intelligent backup of all the computers in your network.
"Anthology Solutions has a rapidly expanding global footprint. With the transition to digital media and widespread broadband connectivity, the Yellow Machine is becoming a 'must-have' product for small business and consumers," said SookJa Han, Executive Managing Director at Korea Technology Investment Corp. "We are excited to fund Anthology's global expansion and help build Yellow Machine partnerships throughout Asia."
About Anthology Solutions
Anthology Solutions is creator of the Yellow Machine Terabyte Storage Appliance, designed to the exacting needs of small and medium businesses, government, educational, the digital home and home office users, providing breakthrough price / performance solutions. Anthology Solutions was founded with a vision to provide an easy-to-use appliance offering reliable storage and secure networking for preserving and sharing priceless digital content.
About BlueRun Ventures
Launched in 1998, BlueRun Ventures is a leading early stage venture capital fund. BlueRun Ventures' proven approach is to invest globally as a single fund in best of breed technologies and teams with the drive and ability to build leading global companies. BlueRun Ventures is headquartered in Menlo Park, California Menlo Park is a city in San Mateo County, California in the United States of America. It is located at latitude 37°29' North, longitude 122°9' East. Menlo Park had 30,785 inhabitants as of the 2000 U.S. Census. , with offices in Helsinki, Herzelia (Israel), London, New Delhi, Seoul, Shanghai, Tokyo, and Washington, D.C. For more information, visit www.brv.com.
About STIC International
With offices in Seoul, Hong Kong, and Palo Alto, California “Palo Alto” redirects here. For other uses, see Palo Alto (disambiguation).
Palo Alto (IPA: /ˌpæloʊˈʔæltoʊ/, from Spanish: palo: "stick" and alto: "high", i.e. , STIC International is the global venture-capital arm of the STIC Group. Established in 1999, STIC is one of the largest venture capital investors in Korea, and specializes in IT investment, targeting companies with the potential to dominate markets with revolutionary technology, products, or unique business models. STIC and its affiliates provide capital, technological expertise, marketing opportunities and financial consulting services to emerging companies in both Asia and North America.
About Korea Technology Investment Corp. (KTIC)
Established in 1987, KTIC raised a venture fund of KRW KRW
In currencies, this is the abbreviation for the Korean Won.
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 5B and has continued to raise 16 venture funds. It has invested up to KRW 450B (USD USD
In currencies, this is the abbreviation for the U.S. Dollar.
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 380M) and the growth of the funds is expected to surpass KRW 1 trillion (USD 833M) by 2005. It is the first venture capital firm listed on KOSDAQ KOSDAQ Korean Securities Dealers Automated Quotations in 1989. In 1990, it was the first Korean venture capital firm to attract foreign investment and in 1999, it was the first restructuring fund raising a corporate restructuring fund of KRW 208B (USD 173M) in an effort to salvage the distressed financial conditions of approximately 50 companies. For more information, visit www.ktic.co.kr.