|Series C, 1/08 |
|Series D, 9/09 ||$18M|
Tervela, Inc. designs and develops communications infrastructure products that offer information dissemination and processing services. The company offers Message Network, a communications platform that includes TMX Message Switch, a hardware-accelerated messaging device; TPM Provisioning & Management System, an administrative platform that provides centralized control for message networks; TPE Persistence Engine, a hardware engine that stores message traffic; TSE Service Engine, a hardware application that integrates extensible applications; and Client API, an application programming interface for decoupling publishers from subscribers. It caters to investment banks, hedge funds, exchanges, and data-intensive organizations. Tervela was founded in 2004 and is based in New York, New York with an additional office in Acton, Massachusetts.