Start-Up Parsec Labs in Hard and Soft Storage Optimization for NAS With De-Dupe

Walter Angerer, CEO of Parsec Labs LLC, announced the launch of his company that engineers storage solutions.

Funded by Silicon Valley venture capitalist Toba Capital, Parsec Labs targets mid-sized companies (200-10,000 employees) that use NAS systems.

Parsec is currently seeking alpha sites for an exclusive product preview.

Its product provides storage virtualization for NAS. Full details of the product’s capacity is to be released after the beta testing is complete and the product is ready for sale to the business market operating on a projected release in Q1 of 2014.

“We have developed a product that accelerates data access to existing NAS systems while reducing storage needs. It has the potential to be six times faster, and at the same time saving 60% of storage space by compression and de-duplication,” said Angerer. “Our server supports intelligent migration to the cloud so business will never run out of storage. The unique capabilities we’ve built in will allow for zero down time during installation and data migration.”

Parsec Labs will lease their storage routing solutions to business allowing for reduced capital expenditure. This business model also allows users to upgrade and add additional services more quickly and easily. The reconfiguration, migration and backup traditionally associated with upgrading a NAS solution has been eliminated for the end user.

Parsec Labs is a Minneapolis, MN technology provider for subscription-based network storage solutions. Founded in 2013, they are working to launch their business applications and IT and internet infrastructure solutions to the business market in early 2014.

 CEO Walter Angerer has a near 20 years of experience in building and leading teams in storage, backup, and data protection. Now a venture partner in Toba Capital, he previously served as SVP and GM of data protection at Quest Software where he was responsible for the integration of BakBone and Vizioncore. He also served as VP and GM of the hardware appliance and cloud computing group at Symantec, where he created and launched a successful business in NetBackup appliances. In addition, he has held senior-level positions at Veritas and Siemens, both in Europe and in the United States. He holds a master’s degree in Physics from Johannes Kepler University in Austria.

 Prior to his position as CTO of Parsec Labs, Graham Bromley accumulated over 30 years experience in the storage industry, most recently as distinguished engineer at Symantec. He has a reputation for combining creation of innovative storage concepts, with a pragmatic approach to design and implementation. At Symantec, he conceived and designed a massively scalable deduplication architecture for secondary storage, and conceived and led implementation of the OpenStorage program, which achieved industry-wide participation. In prior years, he made substantial contributions to the NetBackup product. In previous positions, he worked on a range of storage technologies including NAS, database, file systems, kernels and device drivers. He holds 20 patents spanning this range of storage technologies. He holds a Master’s degree in Computer Science from Imperial College at the University of London.

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