Wednesday, June 08, 2005

Voltaire secures $15 million in VC funding



"Voltaire, which makes interconnecting products for high-performance computing, said it has closed on $15 million in fifth-round venture capital. The company, which employs about 30 people at its 6 Fortune Drive headquarters and some 90 worldwide, has now raised $65 million over the past five years. New investors include Baker Capital, Pitango Venture Capital and Vertex Venture Capital. Previous investors who contributed to this round include Platinum Venture Capital, Tamir Fishman Ventures and The Challenge Fund. "

[Lowellsun.com]

Voltaire's technology - infiniband for the HPC market - may be ahead of its time. Only time will tell if Baker, Pitango and Vertex have made the right investment decision in this niche market.

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