Reliable email proves to be worth $40M more for Teneros
According to a research report cited by Mountain View-based Teneros, the average business experiences seven hours of email downtime each year.
Can you survive without your email? Apparently those businesses can’t, and they hire firms like Teneros to provide “application continuity” for Microsoft Exchange, the software back-end behind the email systems of most corporations.
The product itself is a plug-in appliance, the Application Continuity Appliance (ACA) that kicks in within moments of a system failure, keeping the… Continue Reading
Teneros, an appliance company for Microsoft Exchange, raies $15M
Teneros, a Mountain View, Calif. maker of an appliance that ensures Microsoft applications keep running without hiccups, has raised $15 million in a fourth round of funding funding, according to a regulatory filing cited by PE Week.
The funding comes firms such as Goldman Sachs, New Enterprise Associates, Star Ventures and Sevin Rosen Funds.
Teneros has now raised more than $53 million since 2004.