woven.jpgLight 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.”