Tacit Networks
AcquiredWAN optimization and file acceleration for distributed enterprises
South Plainfield, United States · Founded 2000 · $36.2M raised
- Headquarters
- South Plainfield, New Jersey
- Employees
- 11–50
- Founded
- 2000
- Business Model
- B2B
- Total Funding
- $36.2M
- Last Round
- $12.0M Series CMay 2005
- Rounds
- 3
- Acquired by
- PacketeerMay 2006 · $78.0M
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Tacit Networks built the iShared product family — a branch-office caching and acceleration platform that centralized file servers in the data center while delivering improved performance to remote offices over wide area networks. The company raised approximately $24.2M across funding rounds before being acquired by Packeteer in May 2006 for $78 million.
Summary
Tacit Networks is a SaaS company based in South Plainfield, United States, founded in 2000. It has raised $36.2M in total across 3 rounds, most recently a $12.0M Series C round in May 2005. Investors include J.P. Morgan, Packeteer, Inc. and Brocade Communication Systems.
Funding & Exit History
May 2006
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Funding: Seed through Series C. Amounts, valuations, and investors where available.
Investors
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