Tervela Adds $18M

Tervela, a New York, NY- and Acton, MA-based maker of network messaging hardware that carries market data for a number of large financial services companies, announced today that it has collected $18 million in new financing from Goldman Sachs, Sigma Partners, Acartha Group and North Hill Ventures. The money brings the company’s total venture pot to $50 million.

Wade Roush is the producer and host of the podcast Soonish and a contributing editor at Xconomy. Follow @soonishpodcast

Trending on Xconomy