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Latest Tervela Stories

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...

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...


Word of the Day
penuche
  • A fudgelike confection of brown sugar, cream or milk, and chopped nuts.
'Penuche' is a variant of 'panocha,' a coarse grade of sugar made in Mexico. 'Panocha' probably comes from the Spanish 'panoja, panocha,' ear of grain.
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