Woven: Stealth, but oh, we're looking for money

July 7, 2005 | Matt Marshall

Light Reading has the scoop on the latest Silicon Valley networking start-up to emerge, Woven Systems.

The Sunnyvale company apparently maintains it is still in stealth, but it’s got a Web site, and is talking, so we’re not sure how that makes it stealth. Woven is developing a “massively scaleable” 10-Gbit/s switch to compete with InfiniBand, and plans to launch its first product next year. It was founded in late 2003 by some former execs at Caspian Networks, until now self-funded, but apparently now looking to raise a first round.

Good luck: Om Malik says InfiniBand is pretty strong, and that he thinks the market for Woven’s type of product “is pretty limited.”

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About the Author, Matt Marshall

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.