February 03, 2010, 8:58 AM — A not-so new startup came out of stealth recently. Coraid, which was founded in 2000, announced that it has a new CEO and new funding and backing.
First for the CEO: It's Kevin Brown, formerly of virtualization start-up Kidaro (which was acquired by Microsoft), of Decru (acquired by NetApp) and of Inktomi. Brown was brought onboard to re-launch Coraid, the manufacturer of ATA over Ethernet (AoE) storage systems.
The company, which was up until now privately funded, announced that it has received $10 million in Series A funding from Allegis Capital and Azure Capital Partners. The company also announced that it has brought Audrey MacLean on as chairman of the board and that Mark Leslie and Charles Giancarlo have joined the advisory board and invested in the company. MacLean was the founder of Network Equipment Technology; Mark Leslie the founding CEO of Veritas Software; and, Charlie Giancarlo, formerly executive vice president and chief development officer at Cisco.
Brantley Coile is CTO and founder of Coraid and its AoE systems, which the company claims is five to eight times faster than Fibre Channel and iSCSI. The company, which launched its EtherDrive storage platform into the Linux market in 2005, says its systems allow users to assemble scale-out SAN architectures for less than $500 a terabyte and are ideal for cloud infrastructures.
AoE is a SAN protocol that lets Serial ATA devices communicate over Ethernet networks. It is not built on TCP, IP or any other protocol and packets are addressed to devices using their media access control address, not IP address. The protocol is open sourced. Because AoE devices don't use IP, they are not routable. But they can be accessed over the Internet with tunneling. AoE also differs from Fibre Channel and iSCSI in that it uses the ATA command set rather than SCSI, which means more packet overhead and processing. More on AoE and Coraid's EtherDrive products as they launch.