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Last updated on June 19, 2013 at 9:30 EDT

Latest Tervela Stories

2012-12-05 08:32:47

ACTON, Mass., Dec. 5, 2012 /PRNewswire/ -- Tervela, a provider of market-leading data movement solutions for data warehouses, big data environments, and globally distributed applications today announced that Tervela Turbo is now certified on CDH4 (Cloudera's Distribution Including Apache Hadoop Version 4). Tervela Turbo, a high-performance data movement engine, helps Cloudera customers implement mission-critical Hadoop systems with reliable data capture, high-speed data loading...

2012-10-22 11:27:52

ACTON, Mass., Oct. 22, 2012 /PRNewswire/ -- Tervela, the leading data fabric provider, today announced a new product built to help businesses drive adoption of big data analytics for mission-critical, time-sensitive business processes. Tervela Turbo, based on Tervela's proven data fabric platform, is a high-performance data movement engine that feeds mission-critical applications on the front-line of business with large-scale, streamed data. The product was built for real-time...

2012-08-28 02:36:55

ACTON, Mass., Aug. 28, 2012 /PRNewswire/ -- Tervela, the leading data fabric solution provider, today announced it is working together with Teradata, the analytic data solutions company, to deliver enhanced solutions for moving and distributing big data. The partnership will help new and existing customers rapidly acquire large volumes of data from distributed data producers, transport and input it to a Teradata data warehouse or Teradata data appliance for business analysis....

2011-09-22 09:55:00

BILLERICA, Mass., Sept. 22, 2011 /PRNewswire/ -- Vertica, an HP Company, and leading provider of real-time analytics platforms, today announced a partnership with Tervela, the leading data fabric solution provider, to deliver enhanced solutions for distributed big data deployments. "Big data analytics has changed the way forward-thinking businesses monetize ALL of their data, allowing them to extract business-critical information from structured, unstructured, and semi-structured data,"...

2011-08-09 08:00:00

NEW YORK, Aug. 9, 2011 /PRNewswire/ -- Tervela, the leading provider of high-speed, no-loss data fabric infrastructure for mission-critical applications, today announced that Pollenware has selected Tervela's Data Fabric solution to enhance its Optimized Collaborative Auction Platform. Pollenware, a pioneer in Cash Flow Optimization solutions, will use Tervela's products to provide clients with high-value financial data streams sourced from 3rd-parties, and delivered with sub-second...

2011-07-12 09:30:00

NEW YORK, July 12, 2011 /PRNewswire/ -- Tervela, the leading provider of high-speed, no-loss data fabric infrastructure for mission-critical applications, today announced the general availability of the Tervela version 5.0 suite of products. This new big data movement platform, available in both hardware and software form factors, represents the first time that a hardware-accelerated advanced messaging platform can be downloaded and run on a standard developer-class PC. "We love the...

2011-07-06 08:36:00

NEW YORK, July 6, 2011 /PRNewswire/ -- Tervela, the leading provider of fast, reliable data movement solutions for mission-critical applications, announced today the issuance of an important patent by the US Patent Office. The patent for invention number 7,970,918 covers core capabilities in Tervela's data fabric platform, as an end-to-end middleware architecture designed for high-volume, low-latency messaging. "Tervela has always offered something very unique to the market, and this patent...

2011-06-16 08:00:00

NEW YORK, June 16, 2011 /PRNewswire/ -- Tervela, the leading provider of fast, reliable data movement solutions for mission-critical applications, today announced that it has appointed Mike Leeolou to the position of Vice President of Sales. With over 25 years of experience in enterprise sales and executive management, Leeolou brings a proven track record, strong relationships, and first-class leadership to Tervela. Leeolou will be responsible for leading Tervela's overall revenue growth,...

2010-02-22 05:00:00

NEW YORK, Feb. 22 /PRNewswire/ -- ICAP, the world's leading interdealer broker and provider of post trade services has selected Tervela and its TMX platform as the foundation for the global messaging infrastructure for its electronic broking division, ICAP Electronic Broking. ICAP is a major provider of global market information. The firm chose Tervela to address the information distribution demands of a worldwide network of electronic fixed income trading customers in both established and...

2009-09-14 06:00:00

NEW YORK, Sept. 14 /PRNewswire/ -- Tervela, the leading provider of open, intelligent, hardware-accelerated messaging systems, has completed an additional round of funding with participation from all of its existing investors. A total of $18 million in new equity financing was raised from investments by Goldman Sachs, Sigma Partners, Acartha Group and North Hill Ventures. "The fact that every one of our investors has contributed their full pro-rata amount in this round is a testament to...