Monday, June 06, 2005

Investment in Tatara reaches $23 million for converged platforms

"Tatara Systems, a start-up developing converged mobile platforms and subscriber gateways, has closed an additional funding round valued at $6 million, bringing the total invested in the company to $23 million since it was formed late 2001.
Lead investors include Highland Capital Partners and North Bridge Venture Partners. Tatara (Acton, Mass.) says the extra resources will allow it to expand its product range for converged broadband services, accelerate commitments to existing Tier 1 service providers and expand market channels. "


[CommDesign]

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