# StorageNetworks: portfolio, investments and team

> StorageNetworks is an investment firm. 2 investments on record, latest Oct 2001. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/storagenetworks (Millionrounds; every figure on the page links to its filing or article)

[Investor](https://millionrounds.com/investors)

# StorageNetworks

Last cheque observed Oct 2001. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Investment firm

Series B Venture Consumer Electronics Crm Data Storage

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 2 on record

Since the last cheque **9156** days **00** hrs **00** min **00** sec

Median round **$45M** Rounds led **0 of 2** Exits **2 from the portfolio**

Pitch StorageNetworks

## StorageNetworks highlights

- 01 2 rounds on record
- 02 Mostly Series B and Venture: 100% of its rounds
- 03 2 exits from the portfolio

## What they do

- **Type:** Investment firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Consumer Electronics Crm Data Storage
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **2 appearances**

- **2001** 1 round
- **Oct** **[Pirus Networks](https://millionrounds.com/company/pirus-networks)** Series B **$40M** With 5 others
- **2000** 1 round
- **Nov** **[StorageApps](https://millionrounds.com/company/storageapps)** Venture · US **$50M** With 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[Pirus Networks](https://millionrounds.com/company/pirus-networks)** Bought by [Sun Microsystems](https://millionrounds.com/fund/sun-microsystems) **Undisclosed** Sept 2002

**[StorageApps](https://millionrounds.com/company/storageapps)** Bought by [Hewlett-Packard](https://millionrounds.com/fund/hewlett-packard) **$350M** Sept 2001

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Series B Venture

Median round joined **$45M** the round, not its cheque

Led 0 of 2 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Oct 2001
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Series B *1*
- Venture *1*

Cheques by year Led Joined

2000 2001

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## Quick answers about StorageNetworks

### What does StorageNetworks invest in?

StorageNetworks invests most often at Series B and Venture (100% of the rounds on record), in sectors such as Consumer Electronics, Crm and Data Storage.

### How active is StorageNetworks?

2 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2001.

### How big are StorageNetworks's cheques?

The median round it joins is $45M.

### Is StorageNetworks investing now?

No investments in the last 12 months; the latest was in Oct 2001.

### What kind of investor is StorageNetworks?

StorageNetworks is an investment firm.

### When was StorageNetworks founded?

StorageNetworks was founded in 1998.

### Where does this information on StorageNetworks come from?

From public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=storagenetworks) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=storagenetworks)
