Tarari, maker of content acceleration processors, has raised $14M in Series C financing

February 2, 2006

1 Min Read

SAN DIEGO, Calif. -- Tarari Inc., the award-winning acceleration company, today announced that it has successfully completed a Series C round of private equity financing for $14 million. The lead third-round investor, Enterprise Partners Venture Capital (EPVC), was joined by existing investors, including Crosspoint Venture Partners, Morgan Stanley Venture Partners, Miramar Venture Partners, and XMLFund. Bob Conn, managing director at EPVC, has also joined the Tarari board of directors.

"We are extremely proud to add Enterprise Partners Venture Capital to the prestigious list of investors on our Series C round," said Randy Smerik, co-founder and President/CEO Tarari. "The continued strong interest in the company by the investment community is based on Tarari's sound fundamentals. We have an excellent team in place with the exact right core competencies to build and deliver the right products to our OEM customers. We firmly believe that within the Security, Application Networking, XML/Web Services, and Digital Media markets, there is a large and rapidly growing need for accelerating content-aware processing using specialized ASICs, silicon, and software. Bob Conn's business and technical expertise will provide valuable insight as we move forward."

"Tarari has demonstrated the ability to design, deploy and deliver complete acceleration solutions to leading Tier 1 customers." said Bob Conn, managing director at EPVC. "We believe Tarari is uniquely positioned in its end markets and we are excited to work with a team that has such deep expertise and prior success in the relevant end markets."

Tarari Inc.

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