Fergie's Tech Blog

TCP/IP acceleration company raises $4.2 million

Here's another interesting "development" to watch, methinks.

Peter Clarke writes in the EE Times:

Tehuti Networks Ltd. (Herzilia, Israel), a semiconductor company that develops system-chips for TCP/IP acceleration, has announced the completion of a $4.2 million Series A financing round led by Alice Ventures, a new investor in the company.

Previous investors Alice Lab and ProSeed Venture Capital Fund made follow-on investments. The money would be used to expand engineering, marketing and sales activities, Tehuti said. TCP/IP processing is quickly becoming a bottleneck in 1-Gbit per second and 10-Gbit per second Ethernet networks, the company said. Tehuti Networks' Network Traffic Accelerator (NTA) chips increase system performance by up to five times while enabling integration into new and existing platforms.

posted by Fergie @ 6/06/2005 11:48:00 AM