SiberCore Technologies

company

About

SiberCore Technologies pure-play, Internet IC company developing high-value-added Application Specific Standard Products.

Details

Last Funding Type
Series C
Last Funding Money Raised
$30M
Industries
Application Performance Management,Information Technology,Internet
Founded date
Jan 1, 1998
Operating Status
Active

SiberCore Technologies Incorporated is a pure-play, Internet IC company developing high-value-added Application Specific Standard Products (ASSPs) for intelligent hardware-based switching and routing platforms, such as Gigabit / Terabit Routers and Layer 2 / 3 / 4 Ethernet Switches. The company's initial products are a family of high-speed high-capacity packet forwarding engines based on Content Addressable Memories (CAM technology) which overcome the performance bottleneck associated with the network's routing table look-up function.
This emerging market has been created by the demands of the explosion in datacom traffic, coupled with the worldwide deployment of fiber optics and DWDM. These broadband deployments have shifted the bottleneck from the Access and Transport section of the network, to the Routers and Switches connecting to these pipes. The company's founding technical team gained industry-wide recognition for its world-class design expertise in this area at Nortel Networks. A veteran Executive team in all the functional divisions of the company supplements this preeminent technical team.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$35.60M
SiberCore Technologies has raised a total of $35.60M in funding over 2 rounds. Their latest funding was raised on Mar 28, 2001 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 28, 2001 Series C $30M 2 Detail
Sep 27, 1999 Series A $5M 1 Detail
Jun 2, 1999 Seed $600K 1 Tera Capital Corporation Detail

Investors

Number of Lead Investors
Number of Investors
1
2
SiberCore Technologies is funded by 2 investors. TAL Global Asset Management and Tera Capital Corporation are the most recent investors.
Investor Name Lead Investor Funding Round
TAL Global Asset Management Series C
Tera Capital Corporation Series C