Sunday, April 10, 2005

TeraChip Raises $7.2 Million for Silicon Switch Fabrics

TeraChip, a start-up based in Palo Alto, California with R&D in Israel, raised $7.2 million for its next-gen switching fabrics. The funding was led by Accel Partners and Benchmark Capital.

TeraChip offers a series of fully scalable silicon solutions that provide network vendors the highest available bandwidth density on a single chip. The shared-memory switch fabrics support line card designs ranging from 10 to 40 Gbps, and offers rich QoS and multicast capabilities.

TeraChip also appointed Rod Kay as President and CEO, replacing Micha Zeiger, TeraChip's founding CEO, who has been appointed as Chairman of the Board of Directors and CTO. Prior to joining TeraChip, Kay served as Vice President of Marketing at Ardent Communications, a voice-over-packet startup acquired by Cisco Systems in 1997. Following the acquisition by Cisco, Kay held executive marketing and business development positions in Cisco's Enterprise and Service Provider business segments.


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