Talari Networks Gets $7.5M Credit Facility from Square 1 Bank
December 02, 2013
Talari Networks, a provider of network reliability and business continuity solutions, has received a $7.5 million credit facility from Square 1 Bank. Proceeds from the facility will supplement working capital for the company. Talari Networks has raised about $62 million in funding to date, most recently completing a $15 million Series D financing led by Four Rivers Group in November. Additional Talari backers include Menlo Ventures and Silver Creek Ventures, among others. The company’s technology enables high-bandwidth, low cost, enterprise quality WANs for business and government customers.