History 2005: SATA Switch Start-Up Candera, Formerly Confluence Networks, Closed Doors

SATA switch start-up Candera, formerly Confluence Networks, has closed its doors after burning through $59 million, due to its inability to secure a major OEM. 

The Milpitas, CA company is now  trying to sell assets.

When you consider that its name comes from the Latin word “candere,” to shine  or glow…

We can’t resist the temptation of listing some of the impressive names on the company’s prestigious advisory board, who nevertheless failed to provide a  winning answer (everyone can be wrong sometimes):

• Wayne Rickard, chair, SNIA Technical Council, and  VP advanced storage technology, Seagate;
• Charlie Smith, former VP WW sales, Brocade;
• Steve Colman, former VP, global alliances and OEM operations, Veritas;
• John Hamm, former EVP and GM, Adaptec, as well as founding  board member of Brocade;
• Jim  Schraith, former EVP of Quantum and VP and GM, Compaq;
• Steve Sicola, VP, Seagate, and former Compaq fellow; and
• Prashant Dholakia, former SVP, availability products group, Veritas.

This article is an abstract of news published on issue 205 on January 2005 from the former paper version of Computer Data  Storage Newsletter.