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Tatara Systems Announces $7 Million Financing
Acton, MA - June 22, 2010 - Tatara Systems, the leader in SIP-based network solutions for femtocell convergence, today announced that it has secured a $7 million financing. The investment was led by North Bridge Venture Partners, a premier venture firm with extensive experience investing in communications software, equipment, and network infrastructure, with participation from Highland Capital Partners.
Femtocells, a disruptive new wireless communications technology initially viewed as an advanced in-building coverage solution, have increased in prominence recently as a principal element in addressing network capacity challenges and data off-load requirements accentuated by accelerating smartphone usage in both the consumer and enterprise markets. Tatara staked out an early leadership position in this market as the first vendor to announce an all-IP solution for femtocell convergence by introducing the Tatara Convergence Server, the industry’s first femtocell and fixed-mobile convergence application server.
“Tatara’s SIP-based convergence architecture has a competitive advantage within the femtocell market since it is the only solution available today that provides operators with the coverage and capacity benefits of femtocells together with the full mobile core offload and enhanced services revenue,” stated E.Y. Snowden, president and CEO of Tatara Systems. “Our Tatara Convergence Server is well positioned for further success in providing superior standards-based solutions to help address other convergence challenges faced by mobile operators.” |
Syndicate ![]() CEOE.Y. SnowdenContact Info35 Nagog ParkActon, Massachusetts 01720 Phone: 978.206.0800 Fax: 978.206.0888 Key LinksWebsiteJobs Info |