“If you want a firm that actually gets to know your business, can write significant checks when it spots a large opportunity, and provides solid ongoing support while you develop the company, then Menlo Ventures should be on your very short shortlist. And pleasantly, they do it all with good grace.”

 - David Scott, CEO

Enterprise storage should be simple.

3Par created Utility Storage to meet 21st-century data center storage demands.

3PAR was founded in 1999 to address the rapidly growing storage needs of the 21st century enterprise. The market needed cost-effective, simplified systems that were not being provided by incumbent storage vendors, so 3PAR created the first truly innovative storage system in over two decades. To do so, they needed to innovate at every level, creating custom ASICs, software, and systems. It wasn't easy, but it worked.

3PAR's solution is brilliant in its elegance and simplicity. The 3PAR team turned data storage, which until their arrival had become complex, expensive, and underutilized, into a utility product. This translates into a new model of storage virtualization that is easy to manage, infinitely scalable, and highly efficient. 3PAR's solutions allow an organization to cut its Total Cost of Data (TDC) by 50%.

With an ever-growing amount of data, 3PAR is now a major player in the storage market, with customers including Fortune-1000/Global-1000 companies and major government agencies in the U.S. and around the world. MySpace, MCI, Priceline.com, eHarmony, Credit Suisse, Merrill Lynch, and Oracle are all 3PAR customers.

In February of 2004, Menlo Ventures contributed over half of the capital in a $30 million expansion-stage financing and Menlo Managing Director Mark Siegel joined the board. This brought the total raised to over $100 million. A big bet, but one with enormous potential. 3PAR has been growing rapidly, posting nearly 100% growth per annum.

With their initial public offering in November of 2007, the company is poised to make further inroads into the core of the multi-billion dollar enterprise storage market.