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Tuesday, May 19, 2009

Storage startup GreenBytes grabs $7.5M in funding

By Galen Moore

Heartlab founder Robert Petrocelli is back with another Rhode Island startup –- this time taking his success with health-care information technology into the enterprise data storage market at large.

Founded in 1994, Westerly, R.I.-based Heartlab Inc. sold in 2005 to Agfa-Gevaert NV for $132.5 million. The company made software for storing cardiology images.

Petrocelli is now CTO and founder at GreenBytes Inc. The Ashaway-based company is providing network-attached storage systems designed to improve efficiency.

GreenBytes, which announced its launch last September, has raised $7.5 million of an $8 million round of financing, according to documents filed with federal regulators.

The documents name Battery Ventures general partner Sunil Dhaliwal as an investor in the company. Neither Dhaliwal nor Petrocelli could be reached for comment in time for this article.

GreenBytes’ Cypress data storage system is an “optimized” Sun Microsystems Inc. (Nasdaq: JAVA) Sun Fire X4540 server running the OpenSolaris operating system. GreenBytes adds a proprietary extension to Sun’s ZFS file system called ZFS+. According to the company’s website, ZFS+ improves on other Massive Array of Idle Disks (MAID) storage systems by providing real-time de-duplication, block-level compression and intelligent power management, and eliminating intra-server conflicts between the disk subsystem and the file system.
 

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