BW: REALM Announces $3M Round of Funding from SoundView Technology Group

“REALM Information Technologies, LLC, maker of
ApplianceWare(TM), announced today the closure of a $3 million
round of financing led by SoundView Technology Group, Inc., the
only investment bank focused exclusively on technology…”

“REALM’s ApplianceWare software technology enables the creation
of high performance, highly reliable server appliances for OEM
customers. REALM is currently focused on the network-attached
storage, or NAS segment of the server appliance market and will
expand its offerings, including an intelligent management layer,
into other appliance segments. The latest version of
ApplianceWare integrates C, C++, Java, and XML on a stable Linux
base. All ApplianceWare products offer browser-based and Java
application configuration for management
of one or an entire
suite of network appliances. Research groups IDC and GartnerGroup
Inc. forecast a market potential of over $10 billion dollars by
2003 for server appliances.”

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