Tech Company Financing Transactions
Silverback Systems Funding Round
On 4/25/2006, Silverback Systems secured $16 million in funding from Gemini Israel Funds, Intel Capital and Newbury Ventures.
Transaction Overview
Company Name
Announced On
4/25/2006
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Undisclosed
Proceeds Purpose
Silverback plans to use this funding for the continued development of its patented iSNAP acceleration technology, which drives unprecedented price/performance for servers and storage platforms.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
655 Campbell Technology Parkway 150
Campbell, CA 95008
USA
Campbell, CA 95008
USA
Phone
Website
Email Address
Not Recorded
Overview
Silverback Systems designs, manufactures, and markets network acceleration processors featuring innovative iSNAP architecture that enables and accelerates storage over Ethernet fabric with a focus on providing true network convergence for SAN, NAS and LAN and the leading price/performance value in the networking market.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ahmet Houssein
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