Onaro Expands Global Footprint With Opening Of Israeli R&D And Support Facility
BOSTON, MA - February 13, 2007 - Onaro, Inc. announced today the establishment of an Israeli research and development, and support facility to accommodate the company’s rapid growth. The new facility will be opened in Tel Aviv in March and will include engineering and support personnel. Roy Alon, vice president of product development will relocate from the company’s Boston headquarters to manage the new facility, which will help meet the goal of doubling Onaro’s development group.
2006 was a year of record growth for Onaro with nearly four times revenue growth and two times customer growth over the previous year. To support its burgeoning business, the Israeli facility will provide an expanded global support footprint with a special focus on EMEA. Onaro customers with either headquarters or extensive operations in EMEA include most of the top global financial institutions, the world’s largest wireless provider, one of Europe’s largest mortgage companies and the Middle East’s largest retailer.
In addition, as customers’ frustration with legacy SRM systems grew in 2006, so too did the demands for new types of solutions from Onaro. In 2006, Onaro launched new products to address performance management and replication assurance. The new Israeli R&D facility will assist with the further expansion of Onaro’s capacity planning and virtual storage management capabilities.
“I am truly excited to be expanding into Israel,” said Roy Alon, vice president of product development, Onaro, Inc. “The Israeli engineering workforce has deep experience in solving storage problems. Our expanded presence in Israel combined with a core engineering presence in Boston will give us dramatic new capabilities to meet customer expectations in 2007.”
About Onaro, Inc.
Onaro is the leader in storage service management (SSM) enabling enterprises
to increase service quality, return on storage, and compliance by managing
storage as a service. Unlike traditional SRM applications which are device
centric, Onaro provides a clear service view into a SAN's access paths,
redundancy, replication and performance. SANscreen is being used by the
world's largest companies in banking, retail, entertainment, data
communications and wireless telecom. A partial customer list includes AOL,
CareGroup Healthcare System, Countrywide Financial Corporation, JetBlue
Airways, Priority Healthcare, State Street Global Advisors, and Wyeth
Pharmaceuticals. For more information, please visit www.onaro.com.
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