Banderacom Receives Intel Investment Concluding First Round of Funding; Banderacom Accelerates Deployment of InfiniBand Silicon.Business Editors and High-Tech Writers AUSTIN, Texas--(BUSINESS WIRE)--Aug. 21, 2000 Banderacom(tm) (formerly INH INH abbr. isoniazid isoniazid (INH) Isotamine (CA), PMS Isoniazid (CA) Pharmacologic class: Isonicotinic acid hydrazide Therapeutic class: Antitubercular Semiconductor), an InfiniBand(tm) semiconductor start-up company start-up company A new business. , today announced it has received an investment from Intel Capital. This completes Banderacom's first round of funding, which totals $9 million, enabling Banderacom to accelerate development and deployment of InfiniBand(tm) products. "More than 160 networking, storage and server systems manufacturers have joined forces behind InfiniBand architecture and through the InfiniBand Trade Association The InfiniBand Trade Association (IBTA) is the standards organization that defines and maintains the InfiniBand specification. It is an industry consortium. The IBTA was established in 1999, and its most prominent members include Cisco, IBM, Intel, Mellanox, QLogic, Sun and , creating a potentially huge market and opportunity for Banderacom," said Eric Johnson
Eric Johnson (born August 17, 1954) is a guitarist and recording artist from Austin, Texas. , 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 Banderacom. "Working with Intel and key customers will enable us to offer early-to-market products that are flexible, interoperable and have high performance." "Intel is committed to delivering a broad range of interoperable silicon building blocks for InfiniBand architecture," said Tom Macdonald, director and General Manager of Intel's Fabric Components Division. "In addition, Intel is working with the industry to ensure that a broad range of InfiniBand technology products are available and aligned with Intel architecture platforms. Banderacom's focus on target channel adapters (the devices that connect storage, LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. and peripheral devices See peripheral. peripheral device - peripheral to InfiniBand servers), will help give IHV's (Internet hardware vendors) a range of options from which to choose when building timely solutions based on InfiniBand architecture." "Intel appears to be putting the necessary elements in place to drive the widespread acceptance of InfiniBand technology," said Gordon Haff, research director for Intel Architectures at the Aberdeen Group Aberdeen Group is a provider of business-related research services. It has its headquarters in Boston, Massachusetts and belongs to the Harte-Hanks group. Founded in 1988, Aberdeen's research is used by over 2. . "Their funding of Banderacom to develop early InfiniBand silicon is another step toward achieving the critical mass necessary for the success of this initiative going forward." "Austin Ventures is especially interested in companies pioneering technologies that solve Internet infrastructure bandwidth bottlenecks," said Stephen Straus, partner at Austin Ventures and member of the board of directors of Banderacom. "We consider hundreds of start-up opportunities each year and ultimately invest in only a handful, like Banderacom, that have unique, sustainable solutions applicable to a broad market, and can get those solutions to market early." The company's new name, Banderacom, reflects its "flagship" positioning with InfiniBand communications semiconductors. While Banderacom is based in Austin, Texas, "bandera," meaning "flag" in Spanish, is also the name of another Texas city. Servers currently require a multitude of different interconnect technologies including Gigabit Ethernet An Ethernet standard that transmits at 1 Gbps. Used mostly to connect high-end workstations and servers as well as for network backbones, Gigabit Ethernet transmits full duplex from point to point using switches and half duplex in a shared environment (CSMA/CD) using a hub. , FibreChannel, SCSI SCSI in full Small Computer System Interface Once common standard for connecting peripheral devices (disks, modems, printers, etc.) to small and medium-sized computers. SCSI has given way to faster standards, such as Firewire and USB. and proprietary clustering interconnects, connected via a shared bus. InfiniBand architecture creates a unified fabric for storage, networking and clustering leading simple connectivity, improved bandwidth, enhanced interoperability features and greater reliability. The InfiniBand Trade Association is an industry trade organization dedicated to developing and promoting the InfiniBand architecture. More information about the InfiniBand Trade Association and specifications can be found at www.infinibandta.org. Initial participants of the first round of funding included Austin Ventures, Jato Tech Ventures and systems manufacturer Crossroads Systems. About Banderacom Banderacom is a privately held, fabless semiconductor company A fabless semiconductor company specializes in the design and sale of hardware devices implemented on semiconductor chips. It achieves an advantage by outsourcing the fabrication of the devices to a specialized semiconductor manufacturer called a semiconductor foundry or "fab. located in Austin, Texas, focused on dramatically increasing the performance, scalability, reliability, flexibility and time-to-market of networking, storage and server system manufacturer's products by providing flexible, interoperable, high-performance semiconductors based on the InfiniBand specifications. Banderacom was founded by a veteran team from the microprocessor and communications semiconductor industries in 1999. Banderacom is a member of InfiniBand Trade Association. Further information on Banderacom may be found on our Web site: www.banderacom.com, or call for information: 512/302-0002. |
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