EMC executive Alan Atkinson is taking over as CEO of Xiotech, a storage company that just secured $10 million in new financing. Glassmeyer is also general partner of Oak Investment Partners, which owns a majority stake in Xiotech. Nine data storage companies to watch Atkinson was co-founder and CEO of WysDM, a data protection vendor sold to EMC in April 2008. Atkinson remained at EMC as vice president of the company's Storage Software Group, but on Thursday was announced as Xiotech's new CEO. Xiotech said its previous CEO, Casey Powell, will remain on the board of directors and will be a "strategic advisor to Atkinson." "With his extensive knowledge of and experience with data storage, Alan Atkinson is the right leader to take Xiotech to the next level," Ed Glassmeyer of Xiotech's board of directors said in an announcement. Atkinson's 21-year career includes positions at StorageNetworks, Goldman Sachs and AT&T Bell Laboratories.
Xiotech, based in Eden Prairie, Minn., plans to use the cash to expand its Intelligent Storage Element technology with new products to be released early next year. He takes over at Xiotech just after the company announced a $10 million funding round from private investors. Xiotech says its ISE architecture is designed to provide 100% usable storage capacity, to improve efficiency but without a performance hit. Atkinson marked his first day on the job at Xiotech with a blog post. "I can honestly say, after 20+ years in the storage industry (I'm really not THAT old), I've never seen a company this size with so many talented storage folks," he wrote. "We have more patents than most companies five times our size." Follow Jon Brodkin on Twitter
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