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Cloverleaf acquired the core technology for its product from a high-end multi-discipline systems research and development company, Elta Systems / Israel Aerospace Industries (www.iai.co.il). This technology was derived from hundreds of man-years of development related to very-high performance, secure communications and networking systems, proven in military and commercial applications. Cloverleaf owns the rights to, and is applying this technology to the storage networking market with a goal of revolutionizing the management and control of storage for enterprise-class application environments. This gives Cloverleaf an advantage because the base-technology has already been proven in defense and military deployments. Repurposing the technology for Storage Networking reduces risk and time to market.
Cloverleaf has developed a focused and successful OEM partner strategy with some of the top-tier server and storage manufacturers. Cloverleaf's OEM partners have experienced higher revenues, increased market penetration, and high customer satisfaction through iSN-based products and solutions.
Cloverleaf has established a strong leadership team and has secured quality investments to date, exceeding $43M. The investors include leading VC funds from Israeli and US based companies, and private investors. Our founders were part of the development team from IAI ELTA and bring many years of development and startup experience. Cloverleaf's CEO and US Operation's executives have excellent complementary leadership skills and experience. Cloverleaf recognizes that high-performance, reliability and scalability are minimum acceptable requirements for enterprise-class users. Cloverleaf's Intelligent Storage Management System (iSNTM) delivers leadership functionality and value for enterprise-class end-users, service providers and system integrators/partners.
Executive Team
Richard Bauer, CEO & President
Joseph Klein, COO & Founder
Dr. Elic Yavor, CTO & Founder
Yossi Haas, VP Finance
Board of Directors
- Eddy Shalev - Executive Chair: General Partner, Genesis Partners
- Yair Shamir - Director: Chairman and Managing Partner of Catalyst Investments
- Brenda Christensen - Director: past SVP of Marketing at Brocade and Troika, as well as a founding board member of the Storage Networking Industry Association (SNIA) and FCIA.
- Mordechai Finkenberg - Director: Director of Business Development, ELTA/IAI
- Charles Benchabat - Director: General Partner, Hyperion Israel Venture Partners
Investors
Cloverleaf Communications has received funding from:
Genesis Partners www.genesispartners.com
Catalyst Investments www.catalyst-fund.com
Hyperion Israel Venture Partners www.hyperionisrael.com
Bank of America www.bankofamerica.com
Elta Systems Ltd., a wholly-owned subsidiary of Israel Aerospace Industries Ltd., via Lardosa N.V. www.iai.co.il
Kumar Malavalli, Co-Founder and Strategic Advisor of Brocade Communications kumar@brocade.com
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