Xsigo has started on a solid foundation. Krishnamurti was a former top engineer and Juniper Networks Xsigo he founded with his two brothers, one of whom was a former engineer, Juniper, and the other worked at Sun Microsystems. Immediately, the company has attracted the attention of top Silicon Valley venture capitalists such as Kleiner Perkins Caufield & Byers and Greylock Partners, has raised $ 10 million in its first round. Even Juniper board members were willing to invest in Xsigo heard about the company. But just six months after the company launched, Xsigo has been "reset" their technologies. Other issues of technology start suffering as well such as the timing skew product evaluation, as well as requirements for unplanned properties of the product to be added. Among the technological problems, the father of Krishnamurti was diagnosed leukemia, affecting his attention and his brothers in the company. All these issues have caused the company to delay its product launch. Since the company is gaining some traction, the team suffered a third blow new competitor called Nuova, based on Cisco Systems, started poaching engineers Xsigo, allegedly offering $ 1 million to $ 1.5 million in guaranteed payments. Krishnamurti was looking forward to his office for the senior team to arrive. They had to put their heads together to determine how to get the product back on the development schedule, given the recent damage from bleeding Xsigo's engineers. Given the recent failure of the company, Krishnamurti also need to determine how best to communicate with the board of Xsigo and its investors. "Hide
by Victoria Chan, Mark Leslie, Andrew Rachleff Source: Stanford University, 13 pages. Publication Date: 04 Oct 2007. Prod. #: E270-PDF-ENG
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