Atrato Raises $18M

Atrato Inc., a manufacturer of high-volume digital data storage systems, revealed Tuesday that it has officially launched as a business after concluding its initial round of venture financing. Atrato said its Series A effort yielded $18 million and a roster of accomplished private investors and advisors, including: Jesse Awieda of Aweida Venture Partners, a former president and founder of StorageTek; Tom Porter, a former Seagate chief technical officer and IBM storage executive; Gary Gentry, a senior vice president with Maxtor and Seagate; and Dick Blaschke, an IBM and EMC veteran. Headquartered in Westminster, Colo., Atrato contends its novel storage platform will eliminate barriers to high-speed and high-volume data access. More information »