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Better means solutions that are more reliable, with more storage capacity, with higher read/write bandwidth, easier-to-manage, and less expensive to buy and operate than ever before. Parascale recognized the need for a new class of storage solutions designed to support the wave of digital-content-intensive applications being adopted in the 21st century.<br/><br/>These new applications\u2014made possible by declining costs of semiconductors and the growth of the Internet\u2014include video-on-demand, digital document archiving, scientific data analysis, video surveillance management, and medical image remote diagnosis.<a class="vbp-toggle-more tradevibes_toggle_button discovery_interesting" onclick="tradevibes_toggle_description(event);">&laquo;Less</a></p>\n\n\t\t\t<div class="vbp-category">\n\t\t\t\t<h5>Overview</h5>\n\t\t\t\t<p><strong>Location:</strong> \tCupertino, CA, United States\n</p>\n\t\t\t\t<p><strong>Industry:</strong> Computer Hardware and Electronics</p>\n\t\t\t\t<p><strong>Tags:</strong>\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=file+storage">file storage</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=storage+solution">storage solution</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=storage">storage</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=cloud+storage">cloud storage</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=communications">communications</a>\n\t\t\t\t</p>\n\t\t\t</div>\n\n\t\t\t<div class="vbp-category">\n\t\t\t\t<h5>Financials</h5>\n\t\t\t\t<p><strong>Latest Funding:</strong> Series A - $11.37M (06/18/2008)</p>\n\t\t\t\t<p><strong>Investors:</strong>\n\t\t\t\t\t\n\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/investor/profile/menlo-ventures?src=widget">Menlo Ventures</a>,\n\t\t\t\t\t\n\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/investor/profile/charles-river-ventures?src=widget">Charles River Ventures</a>\n\t\t\t\t</p>\n\t\t\t</div>\n\t\t</div><!-- col -->\n\t\t<div class="vbp-right-col vbp-col">\n\t\t\t<div class="vbp-category">\n\t\t\t\t<h5>Market</h5>\n\t\t\t\t<p><strong>Competitors:</strong>\n\t\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/active-circle?src=widget">Active Circle</a>,\n\t\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/appirio?src=widget">Appirio</a>\n\t\t\t\t</p>\n\n\t\t\t</div>\n\n\t\t\t<div class="vbp-news">\n\t\t\t\t<h5>Recent News</h5>\n\t\t\t\t<p><a href="http://venturebeatprofiles.com/news/view/parascale?article=207369">\n\t\t\t\t\t<em>Feb  3, 2010</em>\n\t\t\t\t\t<strong>GigeNet Selects ParaScale Software for its HIVE Cloud Storage Platform</strong>\n\t\t\t\t</a></p>\n\t\t\t\t<p><a href="http://venturebeatprofiles.com/news/view/parascale?article=201927">\n\t\t\t\t\t<em>Jan 20, 2010</em>\n\t\t\t\t\t<strong>ParaScale Cloud Storage Software Named 2009 Product of the Year Finalist by Storage magazine/SearchStorage.com</strong>\n\t\t\t\t</a></p>\n\t\t\t\t<p><a href="http://venturebeatprofiles.com/news/view/parascale?article=198228">\n\t\t\t\t\t<em>Jan 11, 2010</em>\n\t\t\t\t\t<strong>Victor Neeley Named VP of Sales for Cloud Storage Software Platform Vendor ParaScale</strong>\n\t\t\t\t</a></p>\n\t\t\t\t<p><a href="http://venturebeatprofiles.com/news/view/parascale?article=191144">\n\t\t\t\t\t<em>Dec 15, 2009</em>\n\t\t\t\t\t<strong>ParaScale Announces Predictions for Cloud Storage in 2010</strong>\n\t\t\t\t</a></p>\n\t\t\t\t<p><a href="http://venturebeatprofiles.com/news/view/parascale?article=181731">\n\t\t\t\t\t<em>Nov 18, 2009</em>\n\t\t\t\t\t<strong>Cloud Storage Platform Vendor ParaScale Names Jack Norris Vice President of Marketing and Business Development</strong>\n\t\t\t\t</a></p>\n\t\t\t</div>\n\n\t\t</div><!-- col -->\n\t</div><!-- content -->\n\t<p class="vbp-footer">\n\t\t<a href="http://venturebeatprofiles.com/company/profile/parascale?src=widget">Parascale Company Profile</a> powered by <a href="http://venturebeatprofiles.com/?src=widget">VentureBeat Profiles</a>.\n\t</p>\n</div><!-- widget -->\n'
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