Tech Company Financing Transactions
Tacit Networks Funding Round
Tacit Networks, based in South Plainfield, raised $12.5 million from Brocade Communications Systems, Canaan Partners and RRE Ventures.
Transaction Overview
Company Name
Announced On
6/30/2005
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Undisclosed
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
4081 Hadley Rd G
South Plainfield, NJ 07080
USA
South Plainfield, NJ 07080
USA
Phone
Website
Email Address
Not Recorded
Overview
Tacit Networks is the world's leading provider of WAN Optimization technology for Wide Area File Services (WAFS) and other Branch Office IT solutions.
Management Team
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