Drobo Closes Financing Round, Secures Line of Credit and Looks Forward to Enhancing and Expanding Its Data Storage Products

Drobo Closes Financing Round, Secures Line of Credit and Looks Forward to Enhancing and Expanding Its Data Storage Products

SANTA CLARA, CA — (Marketwired) — 09/29/15 — , the award-winning maker of safe, expandable, and simple storage arrays for businesses, professionals and consumers, announced today the completion of its equity financing round led by Empire Capital Management. In addition, Drobo has secured a $4M debt facility from East West Bank.As a growth investor, Empire Capital focuses on investing in technology companies with experienced management teams with a track record of growing revenue and profitab

Brocade Announces Continued Momentum for Storage Networking in China

Brocade Announces Continued Momentum for Storage Networking in China

SAN JOSE, CA — (Marketwired) — 09/29/15 — Brocade (NASDAQ: BRCD)Expands OEM relationship with Huawei to include Brocade Gen 5 Fibre Channel directors and fixed-port switches to complement embedded switch offerings for blade serversBrocade SAN fabrics create a highly reliable foundations between servers and Huawei storage arraysBrocade (NASDAQ: BRCD) today announced continued momentum for Fibre Channel storage area networks (SANs) within China following an expansion of the company–s relation