Sunday, June 5, 2005

Tehuti Secures $4.2 Million for TCP/IP Acceleration

Tehuti Networks, a start-up with offices in Austin, Texas and Herzelia, Israel, closed $4.2 million Series A financing for its semiconductors providing TCP/IP acceleration processing for enterprise IT environments. In recent years, the speed in Ethernet networks has increased faster than computer processor speeds. As a result, TCP/IP processing is quickly becoming a bottleneck in 1 Gigabit and 10 Gigabit Ethernet networks. Tehuti's Network Traffic Accelerator (NTA) chips increase system performance up to five times. The very low power chips are transparent to the operating system and move specifically selected TCP/IP processing functions from software onto hardware, redistributing functions to remove TCP bottlenecks and reducing latency.

The funding was led by Alice Ventures, a new investor in the company. Previous investors Alice Lab and ProSeed Venture Capital Fund made follow-on investments. In addition, the Chief Scientist of the Government of Israel contributed funds.


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