Tervela Adds $18M

Wade Roush9/14/09

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 Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @