Tervela

Last updated
Tervela
Type Private
Founded1 January 2004  OOjs UI icon edit-ltr-progressive.svg
Headquarters,
United States  OOjs UI icon edit-ltr-progressive.svg
Website www.tervela.com

Tervela Inc. is a privately held technology company based in Boston, Massachusetts, and New York, New York. The company is backed by Goldman Sachs, Sigma Partners, Acartha Technology Group, and North Hill Ventures. Tervela was founded in 2004 by Barry Thompson and Kul Singh.

History

Tervela's Data Fabric consists of both hardware appliances and software (virtual) appliances that overlay on top of existing data center infrastructure and cloud services. The company introduced the first hardware-accelerated messaging switch in 2007 prior to this hardware’s invention accelerated message switching was done primarily on XML data. In 2009 the company introduced several products that allowed scalable middleware to deliver messages incrementally scalable well into the millions of messages per second. In 2011 Tervela introduced a set of virtual appliances compatible with hardware-accelerated appliances.

As the growth of cloud services and content collaboration platforms began to accelerate, [1] in 2015 Tervela launched Cloud FastPath, a SaaS for migrating organizations user data into content collaboration platforms from on-premises file servers, SharePoint, ECM systems, as well as between content collaboration systems. Between 2015 and 2017, Tervela announced partnerships with Box, [2] Dropbox, [3] Google, [4] Microsoft, [5] Egnyte, and other platform providers.

Tervela was acquired by Box in 2017. [6]

Here are some of the key events in Tervela's history:

Tervela is a privately held company, so its financial information is not publicly available. However, the company has raised over $60 million in funding from investors such as Goldman Sachs, Sigma Partners, Acartha Technology Group, and North Hill Ventures.

Tervela has a team of over 100 employees. The company is headquartered in Boston, Massachusetts, with offices in New York, New York, and Bangalore, India.

Notes

  1. "Global Enterprise File Synchronization and Sharing (EFSS) Market Size Expected to Grow from $3.35 Billion in 2018 to $10.94 Billion by 2023, at a CAGR of 26.7% - ResearchAndMarkets.com". AP NEWS. 2018-05-08. Retrieved 2019-02-01.
  2. Tervela. "Tervela Becomes Box Elite Partner to Help Customers Standardize on Leading Collaboration Platform". www.prnewswire.com. Retrieved 2019-02-01.
  3. Tervela. "Tervela Joins the Dropbox Premier Partner Program to Accelerate Migration of Files to Dropbox". www.prnewswire.com. Retrieved 2019-02-01.
  4. Tervela. "Tervela Makes Migrating Data into the Cloud Easier, Faster and Secure for Google Cloud Platform and Google Apps Customers". www.prnewswire.com. Retrieved 2019-02-01.
  5. Tervela. "Tervela Accelerates Adoption of Microsoft Office 365 and Azure with Cloud FastPath". www.prnewswire.com. Retrieved 2019-02-01.
  6. "Tervela Becomes Box Elite Partner to Help Customers Standardize on Leading Collaboration Platform". 6 June 2017.

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